Challenger annuities launched on HUB24

HUB24/challenger/Richard-Howes/

20 May 2019
| By Chris Dastoor |
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?...

2 months 3 weeks ago

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

2 months 3 weeks ago

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

4 months 4 weeks ago

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

1 week 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND