CHALLENGER

Funds management

Negative market movements, coupled with net outflows, have prompted a near $6 billion decline for Challenger’s funds management business in Q3....

Financial planning

Australian pre-retirees are exhibiting heightened anxiety about their financial future and are seeking greater retirement certainty as a result, Challenger research has u...

Funds management

Insurer TAL has announced it has taken a minority stake in investment manager Challenger....

Funds management

Morningstar research of seven active Australian asset managers has found they are expected to see client redemptions averaging 3.1 per cent of their FUM per annum through...

Funds management

Challenger has promoted Marco Barchmann as its new co-head of investment solutions as the firm identifies funds management as one of its core strengths....

Funds management

PM Capital has tapped experienced executive Ben Warnes for the role as it seeks to bolster its strategic sales capabilities....

Financial planning

With six in 10 Australians aged over 50 concerned about paying for aged care, new research has underscored financial advice as a way to mitigate these worries....

Funds management

Challenger director Matthew Michelini has stepped down from the board with immediate effect in light of Apollo reducing its stake in the business....

Financial planning

Challenger research has reaffirmed advisers’ significant role in empowering retirement confidence as cost of living and heightened inflation risk continue to bite retiree...

Financial planning

Support from advisers alongside financial education continues to be an integral driver of older Australians’ contentment in retirement, according to new data from Challen...

Funds management

Challenger’s Funds Management business benefitted from strong net flows of $5.6 billion on the back of a “diverse offering and investment for growth”. ...

Funds management

The boutique asset manager has appointed a former acting chief executive of Challenger Funds Management to its board as a non-executive director....

People & Products

Financial advisers are increasingly turning towards lifetime annuities to meet clients’ needs in retirement, according to Challenger, while the government places more foc...

Funds management

Challenger has declared a “positive performance despite challenging industry conditions” for its funds management business for the quarter....

People & Products

Having stepped down from Challenger, Steven Gregg has appointed to the board of Westpac as chairman-elect....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 2 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks ago