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Showing 1 - 10 of 16 results for "Liquid Lifetime"

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... sales decreased 25% to $260 million, and retail lifetime annuity sales increased 21% to $218 million and comprised Liquid Lifetime sales of $98 million (up 9%) and CarePlus sales of $120 million (up 33%). According to Challenger, its CarePlus product ...

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... Ahead of the legislation of the Retirement Income Covenant, Challenger launched a market-linked annuity to its Liquid Lifetime range with five indexation options. Retirees can select from cash, conservative, conservative balanced, balanced, or growth. ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... Overall Longevity Cover Excellence Award, together with the Longevity Product (Non-Investment Linked) Award for its Liquid Lifetime Annuity. The ASX-listed firm also won the Innovation Long Term Product Award (Liquid Lifetime RBA cash-linked option) ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... after an attendee said she was concerned some advisers who aren't aware of the change would go on to purchase liquid lifetime regular options after the deadline. Such a move would effectively have the entire purchase price assessed as an asset while ...

AMP and Challenger ink annuities deal

ALEX BURKE  |  TUESDAY, 5 SEP 2017
... portfolio in 2008. Financial advisers will now be able to apply online for Challenger's term annuities along with its Liquid Lifetime and CarePlus product suites. These products will also be accessible in AMP's North and MyNorth platforms along with ...

Challenger reveals key annuity relationships

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... insurance products in Japan. Scheduled to launch in the quarter ending 30 September 2017, Challenger's term annuities, Liquid Lifetime and CarePlus products will be available to AMP retail customers via the North, MyNorth and AMP Flexible Super platforms. ...

Challenger sees sustained interest in lifetime annuities

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
... lifetime sales accounting for 30% of total retail annuity sales, up from 20% in the December 2013 quarter. Lifetime (Liquid Lifetime and Care Annuity) sales for the quarter were $143 million, more than double that achieved in the March 2013 quarter." ...

Challenger reports big boost in annuities sales

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... strong retail annuity sales and remain committed to our 2014 guidance. "Sales from our new lifetime products, Liquid Lifetime and Care Annuity, have accelerated. Lifetime sales for the quarter were $119 million or approximately half the sales achieved ...

Challenger stages lifetime annuities comeback

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
... in sales of the product began with the introduction of a new type of lifetime annuity by Challenger Life called Liquid Lifetime Annuity. "We're very pleased with the market's acceptance of our Liquid Lifetime and Care Annuities, both of which provide ...

Challenger FUM grows 7% in March quarter

LAURA MILLAN  |  THURSDAY, 18 APR 2013
... prior corresponding period. Retail annuity sales included $290 million of fixed term annuities and $64 million of Liquid Lifetime and Care Annuities, which comprised 18% of total retail sales, up from 4% in the March 2012 quarter. Other institutional ...
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