Challenger lifetime annuities complement other retirement investments and sources of income, such as account-based pensions and the Age Pension. They provide a secure lifetime income which can be used as the foundation of your clients’ retirement portfolio.
About the Challenger Guaranteed Annuity (Liquid Lifetime)
The Challenger Guaranteed Annuity (Liquid Lifetime) is a lifetime annuity that pays a regular income for life in return for a lump sum investment. The regular income we agree to pay your clients’ are guaranteed for their lifetime, regardless of how long they live or how investment markets perform – giving them peace of mind in retirement.
Your clients can use their super or personal savings to invest with a minimum investment amount of $10,000. Liquid Lifetime provides them:
- guaranteed monthly payments for life (and their spouse’s life if they choose)
- payments that start immediately or on a future date they choose
- payments that keep pace with inflation* or are linked to the RBA cash rate
- flexibility to withdraw and be paid a lump sum if circumstances change within the withdrawal period *
- a known estate value via a guaranteed death benefit*
Discover the features and benefits of a lifetime annuity.
*Your clients can ask us to change these features in return for different starting payments.