Established in 1985 and listed on the Australian Securities Exchange (ASX:CGF) in 1987, Challenger Limited is an investment management firm managing up to $70 billion in assets*. Challenger is focused on providing Australians with financial security in retirement. We do this by investing to create wealth in the accumulation phase of superannuation, and by converting accumulated wealth into safe and reliable income streams for retirees. Challenger operates two core investment businesses, an APRA regulated Life division and a fiduciary Funds Management division. Challenger Life Company Limited (Challenger Life) is Australia's largest provider of annuities and a life company registered under the Life Insurance Act 1995. Challenger Life guarantees the capital and interest in annuitants' regular payments, providing reliable income to around 60,000 investors through its management of more than $15 billion* in assets. It is regulated by the Australian Prudential Regulation Authority (APRA) and must hold a minimum amount of capital, set by APRA, to ensure it can meet all investors' payments into the future. Challenger's Funds Management division manages $66.9 billion* and comprises Fidante Partners, which teams with boutique fund managers striving to deliver superior performance, as well as the Challenger Investment Partners (CIP) business. CIP is a relative value investor, accessing opportunities globally across real estate and fixed income on behalf of institutional investors, including Challenger Life Company. Brian Benari was appointed Managing Director and Chief Executive Officer of Challenger Limited in February 2012. *as at 30 June 2017 For our social media disclaimer statement, visit: http://www.challenger.com.au/general/Disclaimer.asp