The wealth of Australian retirees has grown, help improve their portfolio outcomes by using an allocation to a lifetime annuity.Combination of income streams — blending a lifetime annuity with an account-based pension — means your clients can get the best of both worlds: guaranteed regular income for life and still have access to capital as needed. |
Portfolio construction resources
Case study: Michael and Michelle, a high net worth case study
Michael and Michelle are keen to leave their kids a significant benefit following their passing but also want the ability to spend comfortably and confidently in retirement.
Webinar: Optimising retirement outcomes - the role of lifetime annuities
In this on-demand webinar, our speakers Head of Technical Services, Andrew Lowe and Senior BDM, Jason Sibio will delve into case studies and tools that can help retirees who want to maximise their income and enjoy their retirement.
Insight: Myth-busting lifetime annuities
This article addresses some common concerns and misconceptions of lifetime annuities amongst clients and demonstrates the benefits that an allocation to a lifetime annuity can bring to clients.
Contact us to model a comprehensive retirement portfolio
Why consider a lifetime annuity in a retirement portfolio?
Lifetime annuities can offer:
- Attractive level of guaranteed regular income for life, which can be fixed or linked to changes in CPI, the RBA cash rate or investment markets
- No product fees
- Flexible advice fee payment options
- Estate planning certainty via a guaranteed death benefit during the withdrawal period
- Flexibility to cancel the investment during a withdrawal period
- Age Pension boost (if eligible)
And when used in conjunction with an account-based pension versus 100% of assets allocated to an account-based pension only, it can:
|
|
|
|
Increase income
Adviser view
Role annuities play in strategies for high-net worth clients
Michelle Galvin, Director at Acorn Wealth discusses how clients are using annuities to bridge the income gap.
Building resilient retirement portfolios
Catherine Jenkins, Financial Planning Manager at Hayes Girling Financial, explains why annuities are coming back in favour as part of a resilient retirement portfolio.
