Articles tagged with 'annuities'

More work needed on annuity products

19 February 2010 | The annuity products currently available don't do enough to help Australians manage their retirement, according to PricewaterhouseCoopers partner and actuary Catherine Nance.


The top 5: Flavours

21 December 2009 | As 2009 comes to a close, Money Management looks at the products and developments that gave 2009 its unique flavour.


Mixed assessment for ING product

23 November 2009 | Adviser Edge warns that ING's MoneyForLife and AXA's North products are good, but not for everyone.


Challenger confident on core offer

13 November 2009 | Challenger's Dominic Stevens said the group is preparing for a four-fold increase in contact with planners and dealer groups to push its annuity products. Stevens said the products address various concerns of the Cooper Review.


Annuities business doubles for Challenger

20 October 2009 | Challenger Financial reports strong September quarter on the back of increasing preference for annuities.


Challenger launches new product

20 October 2009 | Challenger's new annuities product finds home on BT Wrap.


Pension for life?

24 August 2009 | CAROLINE MUNRO reports on the pressing need for better retirement products, particularly in light of the growing longevity risk in Australia and the impact of the global financial crisis on those nearing retirement.


Annuities compulsion could enhance Age Pension

9 June 2009 | A Challenger Group submission has argued that compelling Australian retirees towards annuities could relieve pressure on the Age Pension.


Surge in sales of new and in-force risk premiums

3 April 2009 | New annual risk premiums for lump sum business (term life, TPD and trauma) increased by 14.21 per cent to $815.38 million at December 2008, according to a survey by researcher Dexx&r.


Call to revive 'lifeless' annuities market

12 March 2009 | Shadow Superannuation Minister proposes creation of Government-issued CPI-linked bonds to support the now dwindling products offered by annuities companies and reduce the risk of superannuation shortfalls.


New income stream products in the pipeline

17 October 2008 | Downturn makes good environment for new products.


Volatility hits Challenger FUM

22 April 2008 | Challenger reports decline in FUM but pick-up in annuities.


Paying for longevity

8 October 2007 | Paying for longevity


Challenger gets court approval on Metlife transaction

13 August 2007 | Court approval for deal struck in February.


Aust. Unity enter annuties market

12:00 AM | Australian Unity will expand its product offering with the announcement that it will enter the annuities market for the first time.


Annuities take on a growth spurt

14 October 1999 | Fund managers have been facing an uphill battle in getting investors to recognise the attractiveness of annuity products that include growth assets.


Sun sets on 90s killer product

14 October 1999 | The changes to retirement income streams put in place by the Federal Government on September 20 last year was met with a short-lived flurry of activity.


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