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Showing 1 - 10 of 87 results for "Lifetime annuities"

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... and offshore reinsurance annuity sales. Local annuity sales rose by 7% to $806 million, supported by sales in lifetime annuities and guaranteed income solutions, particularly in retirement and aged care. Challenger Index Plus sales jumped 41% to $629 ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
... including some of the incoming tax reforms to boost long-term investment in investment bonds. New products across lifetime annuities and additional income solutions being developed in partnership with BlackRock will also contribute to future growth ...

Generation Life hires former Allianz Retire+ exec

ELIZA BAVIN  |  TUESDAY, 7 OCT 2025
... and advice channels, ensuring Generation Life continues to be the provider of choice for investment bonds and lifetime annuities," Rodda said. "I am pleased to join the executive group at Generation Life and look forward to accelerating our growth in ...

Challenger posts mixed Q3 FY25 result

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... technology while broadening its customer footprint. "Challenger saw continued sales growth across domestic lifetime annuities and Japanese annuities, supporting our focus on longer tenor and more valuable sales," Hamilton said. Challenger has also partnered ...

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 ...
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