Tuesday, September 15, 2009
Challenger has best ever month in annuities
Retirees seek three to five year terms - Immense stock market volatility has driven retirees to buy annuities, helping Challenger experience record sales in August... Challenger Financial Services Group sold a record $90 million-plus of annuities in August as retirees sought stable income amid stock and bond market volatility.
"Clients want certainty and simplicity and are attracted by the high return, low-fee proposition that annuities represent," Challenger general manager of distribution Matt Gaden said...
Investor Daily Australia: Challenger has best ever month in annuities
"Clients want certainty and simplicity and are attracted by the high return, low-fee proposition that annuities represent," Challenger general manager of distribution Matt Gaden said...
Investor Daily Australia: Challenger has best ever month in annuities
Permalink posted by markw @ 5:04 AM 
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