Challenger annuities launched on HUB24

HUB24/challenger/Richard-Howes/

20 May 2019
| By Chris Dastoor |
image
image image
expand image

Challenger has announced its full range of fixed term and lifetime annuities, including CarePlus, are available via HUB24’s investment and superannuation platform.

Advisers could now generate quotes, submit new applications and view their client’s Challenger annuity alongside other investments in HUB24. Advisers would also be supported by Challenger tools, resources and calculators.

Richard Howes, Challenger chief executive officer, said this would make the process easier and more efficient for advisers to include guaranteed income steams in their clients’ portfolios.

“Challenger annuities are a compelling product for retirees who want peace of mind around their income and spending,” Howes said.

“Making our annuities available via the HUB24 platform allows us to reach a wider range of advisers who are looking to ensure their clients’ can access secure income in retirement.

“Advisers are an important channel in reaching retirees and making annuities available via platforms will support the recent growth in sales we have seen by independent financial advisers.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

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

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 days 4 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5