Value of advice

Annuity features

With annuities you can choose your investment term. It can be as short as one year, as long as 50 years, or even for your lifetime. You can also select how often you get paid - monthly, quarterly, half-yearly or yearly.

Helping you to spend confidently in retirement

Challenger annuities give you peace of mind by providing you an income that is regular and dependable. Annuities can be used to help maintain your standard of living while in retirement.

Complements your retirement income

Challenger annuities complement other retirement investments and sources of income, such as account-based pensions and the Age Pension. They provide a secure income, either for your lifetime or for a fixed term you choose, regardless of how investment markets perform.

You are in safe hands with Challenger

Challenger annuities are guaranteed by Challenger Life, a Life Company regulated by the Australian Prudential Regulation Authority (APRA). They continuously monitor our investments with the aim of ensuring that we can meet the promises that we have made to you both now and into the future. APRA is the same authority that regulates banks in Australia.

Offers competitive guaranteed payment rates

Challenger’s annuities offer competitive guaranteed payment rates for your lifetime, or your chosen investment term, regardless of how markets perform.

Certainty and control over your estate planning outcomes

Challenger annuities provide you with the comfort of knowing that Challenger will pass on benefits to your nominated beneficiary(ies) or estate upon your death.

Ability to withdraw if your circumstances change

While Challenger annuities are designed to be held for life, or the full investment term, you have the flexibility to access a lump sum within a defined period if your circumstances change.

You can choose inflation linked income to help protect your lifestyle

Inflation measures the change in the cost of living over time. With level income, your retirement lifestyle could become unaffordable. Payments from Challenger annuities can be linked to yearly changes to inflation, helping you to continue to afford tomorrow what you can afford today.

More information

See what annuities we currently offer: Learn more 


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.