Guaranteed allocated pension

Guaranteed Allocated Pension

The Challenger Guaranteed Allocated Pension is an account-based pension that can provide your clients with the certainty of a guaranteed rate of return for a chosen timeframe whilst receiving a regular income as part of their retirement strategy.

Your clients can choose to invest their superannuation savings in fixed rate or cash options that provide them with a stable investment return, while drawing regular pension payments from their account.

About the Challenger Guaranteed Allocated Pension

Challenger Guaranteed Allocated Pension has been designed as a simple and low risk way for your clients to convert their superannuation savings into secure and regular payments when they are transitioning to, or in, retirement. It offers two investment options:

  • Guaranteed Fixed Rate - The fixed rate option offers a guaranteed rate of return on your client’s investment for terms of between one and ten years. The earnings rate is fixed at the time of investment providing your client with market and capital protection.
  • Guaranteed Cash - The cash option offers a guaranteed earning rate that is set at the start of the week and remains fixed for that week, giving your client flexibility to switch all or part of their investment to a fixed rate option at any time.

The Challenger Guaranteed Allocated Pension can help your clients manage market volatility by providing a guaranteed rate of return on their investment. It can be commenced using superannuation contributions and rollovers of existing superannuation benefits. Your clients can invest in multiple options, subject to a minimum investment of $10,000 per option.

Important information

Information provided on the Challenger Websites is intended for Australian residents only and may not comply with the laws of other jurisdictions outside Australia. It is of a general nature and does not take into account an investor's individual circumstances, financial situation or needs or particular investment objectives. It is not intended to be investment advice nor a recommendation or statement of opinion about any particular financial product or class of financial products. As a result, it should not be relied upon in acquiring any financial product or service and is provided in good faith and derived from sources believed to be accurate and current at the date of publication. See Conditions of use for more information.