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*
  • 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 remove these features in return for higher starting payments. 


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.