CGF 1.57% $7.11 challenger limited

there are 3 parts to this entity: the annunities buss the life...

  1. 4,702 Posts.
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    there are 3 parts to this entity:

    the annunities buss
    the life insurance lizz
    the funds management bizz ......

    annunities took a hit due to chg in Govt retirement incomes policy

    https://www.ricewarner.com/wp-content/uploads/2018/05/The-Age-Pension-in-the-21st-century-220518.pdf


    interestingly - when one goes throu the accounts - they cant take monies out of the life-office, unless approvals from regulator .........

    the funds management bizz - manages most of the Life office assets, plus Fidante ......I suspect Fid is where the performance fees are generated


    imho - the principal value driver is still annuities .........

    this should be driven by no's of punters wishing to get "secure" incomes in retirement plus/minus whatever the Govt changes for assets / incomes in tests for various public funded pensions......

    how this plays against "account based pensions" (in terms of market volatility in returns) is a key question (imho).......

    I will be interested to see if they are getting good flows out of Japan (viz int rate differentials in two different markets........).....

    starting to look most interesting (imho)...........

    rgds
    Value_Hunter
 
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