An anchor assembly for insertion in a panel aperture in a receiving panel has a flange. The flange has an engagement surface locatable on a first side of the receiving panel. A plurality of resilient arms project from the engagement surface and are insertable in the panel aperture. At least two of the plurality of resilient arms define a channel therebetween for receiving a threaded fastener. The channel is sized to limit inward deflection of the at least two of the plurality of resilient arms when the threaded fastener extends within the channel. A threaded surface is located in the flange and forms at least in part an anchor aperture for alignment with the panel aperture. The channel is aligned with the anchor aperture. The threaded surface is located between the plurality of resilient arms and is adapted for threadingly engaging the threaded fastener.