Lifetime annuities

Lifetime annuities

Challenger lifetime annuities provide a guaranteed regular income for your clients’ lifetime regardless of how investment markets perform or how long they live.

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.