AMP adds Challenger annuities
AMP is increasing the accessibility of its retirement offering, with advisers and customers gaining access to Challenger annuities through the wealth managers adviser portal and digital customer tools.
Challenger’s term annuities, Liquid Lifetime range and CarePlus products would be accessible through the portal, along with pre-population features for customer data.
“Achieving quality of life in retirement is an important goal for many Australians,” said AMP director of superannuation, retirement and investments, Vicki Doyle.
“Making annuities easily accessible for our advisers and customers further strengthens our retirement offer, helping them develop, track and benefit from goals-based investment strategies.”
AMP North and MyNorth platforms, AMP Flexible Super and SignatureSuper customers would also be able to access Challenger annuities through AMP’s wealth management app.
Recommended for you
Financial advisers will have to pay around $10.4 million of the impending $47.3 million CSLR special levy but Treasury has expanded the remit to also include super fund trustees and other retail-facing sub-sectors.
Recommendations by the FSC around implementing a practicing certificate framework for advisers would be burdensome and add little value for AFSLs, according to SIAA.
The RBA has made its latest interest rate decision at the the final monetary policy meeting of 2025.
AZ NGA has acquired Sydney-based advice and wealth management firm Financial Decisions, allowing its CEO to step back and focus on providing advice.

