Challenger is an investment management company with a vision to provide its customers with financial security for retirement.
Challenger is an investment management company with a vision to provide its customers with financial security for retirement.
Challenger operates two core investment businesses: an APRA-regulated Life division and a fiduciary Funds Management division.
Challenger was established in 1985 and is listed on the Australian Securities Exchange (ASX).
The 2020 full year performance reflects the impacts of the COVID-19 pandemic and structural changes in the Australian wealth management industry. It also demonstrates the resilience we have built through the diversification of our business, while maintaining financial discipline and strong capital and risk management practices.
The 2020 financial year was unprecedented for the community, our industry and the broader economy. We are confident that Challenger has the right foundations in place to withstand the current disruption, and grow in coming years, as conditions improve and structural changes in the sector play out.
Through an extensive stakeholder engagement process, we’ve identified our most material risks and opportunities for our business.
We’ve made good progress on the programs and initiatives within our sustainability strategy during 2020.