Latest Annuities News

Bravura Solutions posted a 49% rise in net profit after tax for FY26 despite a near 10% decline in revenue, supported by strong margin improvements and underlying profit growth. The company declared a 15 cent final dividend, secured a $100 million debt facility, and announced a $50 million share buyback.

Pepper Money, alongside KKR and PIMCO-managed funds, has finalized the $15.4 billion RAMS home loan portfolio acquisition from Westpac, marking a significant step in expanding its capital-light servicing business.

Pepper Money is set to become the servicer for a massive A$36 billion loan portfolio from HSBC Australia following its acquisition by a Blackstone-controlled entity, aligning with Pepper Money's strategy to expand its capital-light servicing business.

Clean TeQ Water has marked a milestone with its inaugural recurring revenue from ATA® technology and a 45% jump in quarterly customer receipts, underpinned by contract wins and project progress across global water and critical minerals markets.

Cyclopharm Limited delivered a record $17.1 million in revenue for 1H FY26, driven by a 73% surge in US Technegas® sales. However, delays in clinical guideline publication have pushed the short-term US installation target beyond 2026, while medium-term ambitions remain intact.

Turners Automotive Group posted a record $63.2 million normalised NPBT for FY26, beating guidance and declaring a 14% higher dividend as it accelerates branch expansion and ecosystem integration.

NobleOak Life Limited boosted its Embedded Value by 9% to $2.34 per share as of December 2025, driven by strong premium growth and market share gains. The insurer exceeded its FY26 in-force premium guidance with a 16% increase to $538 million.

Boresight Ltd (ASX: BST) is seeking to raise $8 million through a public offer to expand its cost-effective military drone manufacturing, targeting growth in the US and European markets.

Range International has locked in a A$454,000 secured loan facility at 18% interest to ramp up its rental pallet fleet following early commercial success in 2026.

FirstWave Cloud Technology posted a cash-flow positive Q3 FY26 with a 125% jump in customer receipts and locked in landmark contracts with Banobras and Services Australia, underpinning its AI-driven compliance strategy.

Challenger Limited unveiled a strategic blueprint at its 2026 Investor Day, leveraging demographic shifts and regulatory reforms to cement its leadership in Australia’s retirement income sector.

Turners Automotive Group has posted a record $63.2 million normalised NPBT for FY26, advancing its $65 million NPBT target to FY27 and setting sights on $100 million by FY31 amid solid finance and retail momentum.