Guaranteed Annuity (Complying)
The Challenger Guaranteed Annuity (Complying) is designed to accept money rolled over from a self-managed super fund that is currently an asset test exempt (ATE) lifetime, life expectancy, or term allocated (market linked) income stream, so that the exemption can be maintained. You can:
- Invest as little as $10,000
- Choose how often you receive your regular payments (monthly, quarterly, half-yearly or yearly)
- Choose to have the option to increase your regular payments annually in line with changes to the consumer price index or a fixed whole percentage rate
- Elect for your spouse to receive the remaining benefit of your Annuity if you die
The rate of return you will receive is established at the time you apply for the Annuity, and will depend on the product options you choose and prevailing interest rates. Challenger guarantees that it will not change the rate for the term of the Annuity.
If you think you may qualify for a complying annuity we recommend you speak to your financial adviser.
For more information, speak to your financial adviser, order or download a product disclosure statement or call our Investor Services team on 13 35 66.