Mark Chen
General Manager of Investor Relations
Good morning, everyone, and welcome to those joining online to Challenger’s market briefing on APRA’s proposed capital standards for longevity Products. I’m Mark Chen, Challenger’s General Manager of Investor Relations. We’re coming to you today from our Martin Place head office in Sydney.
Before we begin, I would like to acknowledge the Gadigal people of the Eora Nation, the traditional custodians of the land on which we are hosting this event today and pay my respects to both elders, past and present.
Today’s briefing will be followed by a Q&A session that will only be open to analysts and investors. To ask a question you’ll need to have joined via the telephone. As a reminder, today’s briefing is based on APRA’s proposed capital standards issued last week. We are currently in consultation with APRA with written submissions on these proposed reforms due by 17th of December. As such, there are certain subjects we will be unable to provide responses to, which the teams are working on or that require Challenger Board or APRA approval. These are areas such as target ranges, risk appetite, asset allocation, capital allocation. We will use the session to provide points of clarification of guidance, including the use of illustrative
Read the full article here