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Showing 1 - 10 of 100+ results for "annuities"

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
Challenger Life has updated its annuities offering with a range of market-linked options in an attempt to overcome longevity risk and provide financial advisers with more retirement solutions. Ahead of the legislation of the Retirement Income Covenant ...

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... tax rebate on insurance fees for eligible members. As for the cash option, the super fund will introduce short-dated annuities in the hope of achieving potential higher returns for members. The cash option currently invests in a mix of short-term money-market ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... seen them get smaller and smaller returns. Newer retirement income products, like that offered by Allianz Retire+ or annuities or equities-based retirement income products like that offered by QSuper, appear to be part of the solution. Rady cautioned ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... included in the SIS Act," she said. Already, some "smart thinkers" are putting together products that cover insurance, annuities and market-linked pensions, that will help retirees smooth consumption between their working and retirement life, Hume ad ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... lower FY21 profits, as tighter credit spreads force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion of net inflows from $2.4 billion of sales in the three months ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... research from University of Melbourne researchers has identified two reasons why financial advisers don't recommend annuities to their clients. Orford Initiative's latest findings found advisers play a key role in recommending annuities, but face barriers ...

Crypto chosen over defensive assets

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... Investment in cryptocurrencies among investors has surpassed defensive assets such as precious metals, fixed income and annuities, according to new research. Digital asset exchange BTC Markets latest survey of over 2000 investors revealed 12.6% of respondents ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
... long-term annuity sales while domestic annuity sales were up 11%. Earnings before interest and tax was $193 million. The annuities business changed its investment portfolio to be more defensive due to the pandemic which resulted in $3 billion in liquidity ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... short, CGF is set to offer term deposits under the same economics and asset and liability structure as its current term annuities," Sotiriou said. "To be clear, CGF is set to offer term deposits, but gain the net interest margin through existing investment ...
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