CHALLENGER

People & Products

Challenger has appointed Angela Murphy as the chief executive of its Life business....

Funds management

Challenger’s group assets under management rose by 13% in the first half of the 2021 financial year, with the company declaring a dividend of 9.5 cents per share....

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. ...

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MARKET INSIGHTS

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