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Showing 1 - 10 of 83 results for "Lifetime annuities"

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... in total inflows in the June quarter alone, setting an all-time sales record for both investment bonds and lifetime annuities during the period. The investment solutions provider said the record year of sales also resulted in a 26% increase in FUM over ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... partnership with Aware Super. Challenger will help de-risk the liabilities associated with $619 million worth of lifetime annuities in the first quarter of 2024. In the funds management unit, assets under management dipped 9% to $95 billion. Overall ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... is not clear, however, how trustees can help members choose between the range of account-based pensions and lifetime annuities that are currently available," he added. Regulatory Guide 276 Superannuation forecasts: Calculators and retirement estimates ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... to rise as inflation continues. Income stream options such as account-based pensions, guaranteed CPI-linked lifetime annuities and market-linked lifetime annuities can also help, Challenger said.

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... an income stream for the rest of their life that adjusts in line with inflation changes. Moreover, regarding lifetime annuities there's been an innovation to provide payments that increase in line with either an underlying diversified portfolio or ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... account-based pensions at their disposal, not enabling them to manage longevity risk. Alternatively, while traditional lifetime annuities pay a fixed income for life, they require conservative investments and pooled capital reserves. As a result, rates ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
Lifetime annuities have often been set and forget products - very stable, very predictable and linked to one asset with total inflexibility - but that's completely changed, Generation Life chief executive Grant Hackett said. The perception of traditional ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities that have no index, are indexed to the CPI or partially indexed to it. "The innovative new RBA Cash Linked option allows customers ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... Challenger. Most of CommInsure's annuity sales are from its fixed term products, but it is now working on deferred lifetime annuities. "We have been looking at them for some while. The July 1 regulation changes have provided certainty around social security ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... the clients individual circumstances, Lowe said in many cases periods were less than five years for deferred lifetime annuities. "And if I look to the limited number that we have actually had invest in this particular product [deferred lifetime annuities] ...
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