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CHALLENGER
Funds management
Challenger has announced that it has appointed Equity Trustees as note trustee for its Capital Notes 3, a perpetual convertible security which has raised $385 million. ...
Superannuation
Challenger’s chair, Jeremy Cooper, is “ambivalent” about the superannuation guarantee increase while Cbus’ Robbie Campo says the increase will benefit those that are seei...
Funds management
Challenger has reported 4% growth in group assets under management for the three months to the end of September to $89 billion. ...
Funds management
Former Challenger boss, Brian Benari, will head up a new financial services player backed by Magellan and Barclays....
People & Products
The payments of the new guaranteed floating rate lifetime annuity will be linked to the RBA cash rate....
Financial planning
Challenger has reported a $0.9 billion decline in annuity sales as a result of the restructure of the bank-aligned advice network, as the firm issues its full year result...
People & Products
Wendy Cox has been appointed to the newly-created role of head of finance and HR, while Lata McNulty has been promoted to the newly-created role of chief risk officer by ...
Financial planning
Interest rates may be low and dividend payments doubtful, but a Money Management Retirement Incomes webinar panel has agreed there is a continuing and necessary role for ...
Financial planning
Questions are being asked about whether advisers are facing greater risks of being perceived to breach the code of ethics because of the complexities inherent in advising...
Financial planning
Financial advisers are facing a dilemma with annuities still a core retirement income option but, with a long period of low interest rates being predicted, they face some...
Funds management
Challenger is looking to strengthen its capital position by backing investment grade fixed income opportunities to help withstand further market volatility....
Superannuation
The Retire with Confidence tool will help retirees and pre-retirees better understand how long their retirement income might last and what options they have available....
Funds management
Ares Australia Management has announced the launch of its first Australian product, the Ares Global Credit Income Fund. ...
Funds management
New research has revealed wide disparities between the value being delivered by boards in the financial services with Magellan being counted in the top 10 for value for m...
People & Products
Rommel Hacopian has been appointed distribution manager by Yarra Capital Management....
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Podcast
How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...
Faking exams and falsifying results..... Too stupid to comment on JG...
Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...