Increase the use of secure retirement income streams
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Industry lifetime annuity sales currently represent less than 2% of the annual transfer from the retirement savings (accumulation) phase to the retirement spending (retirement) phase. Challenger is focused on growing the allocation of Australian retirement savings to secure and stable incomes. |
Record Life sales of $6.9bn
Institutional guaranteed business
Acquired MyLife MyFinance Bank1
1) MyLifeMyFinance Limited ABN 54 087 651 750.