Australian Annuity Sales Soar

As reported in November 2014, the Australian government¬†were considering copying the UK annuity system as the UK were planning to ditch it. Financial services group Challenger is seeing sales in annuities soar as baby boomers seek guaranteed income in retirement. Among the half year results announced today by Challenger was a record in retail annuity sales. Total annuity product sales …

Retirement ProfessionalsAustralian Annuity Sales Soar