Challenger Transitions to New Reporting Framework in Fiscal 2027
MT Newswires Live
Aug 10
Challenger (ASX:CGF) is transitioning to a new reporting framework in financial year 2027, shifting from the normalized cash operating earnings framework, according to a Monday filing with the Australian bourse.
The new reporting framework will align the company's management reporting with global peers and provide improved transparency around earnings, with the new Australian Prudential Regulation Authority capital standards for providers of longevity products coming into effect on 1 July, the filing said.
Challenger shares fell 1% in morning trade Monday.
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