By investing a portion of their savings with Challenger, your client will receive regular payments over a term of their choice. Fixed term annuities can complement their other investments and sources of income, including an account-based pension, a lifetime annuity, or the Age Pension.
About the Challenger Guaranteed Annuity
The Challenger Guaranteed Annuity (Annuity) offers a number of options that you can tailor to meet your clients’ needs. They can:
- Choose an investment term between one and 50 years (minimum investment $10,000).
- Choose to have their initial investment repaid to them at the end of the term, or have some or all of it repaid throughout the term as part of their regular payments.
- Choose how their regular payments are made to them (monthly, quarterly, half-yearly, or yearly).
Challenger term annuities can help give your clients greater cash flow certainty as the rate of return they will receive is determined when they invest and does not change, regardless of how investment markets perform.