CHALLENGER

People & Products

Challenger has appointed Victor Rodriguez as chief executive for funds management, encompassing Fidante and Challenger Investment Management....

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Features

New legislation that aims to improve the living standards of millions of Australians in retirement falls squarely onto the shoulders of wealth advisers and trustees, writ...

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Funds management

Challenger is expecting its 2022 financial year net profit before tax to hit the upper end of the $430 million to $480 million guidance range, following life sales jumpin...

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Superannuation

Addressing longevity risk in the Retirement Income Covenant is a tougher nut to crack for superannuation funds than the mandate for funds to mitigate investment and infla...

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Financial planning

A “wave of grey” is creating opportunities for financial advisers as the number of Australians expected to retire in the next five years increases to 500,000, according t...

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Funds management

Challenger has signed a non-binding memorandum of understanding with Apollo Asset Management to improve its retirement offering in Australia. ...

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People & Products

Challenger has appointed Nick Hamilton as managing director and chief executive following Richard Howes’ retirement announcement in August....

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People & Products

Scott Hartley, AMP Australian Wealth Management chief executive, has been appointed to the Financial Services Council board of directors along with Challenger executive, ...

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Financial planning

The changes in advice-led business model are forcing asset managers to respond to a growing direct market....

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Superannuation

Superannuation funds and product providers creating retirement income products should look to create effectively default products as products requiring advice will not be...

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Expert Analysis

With Australians living longer than ever, writes Aaron Minney, retirement plans focused on a life expectancy of 85 are looking out of touch....

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Financial planning

Although the approaching retirement income covenant will explicitly apply to superannuation trustees, it will be impossible for advisers to pretend like nothing has chang...

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Funds management

Challenger repositioned its investment portfolio during the pandemic which included holding higher levels of cash and liquid assets and enhanced its business risk setting...

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Funds management

Athene Holding has acquired a minority stake in Challenger for $720 million as part of its growth strategy....

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People & Products

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

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