Our products

Rates

The Guaranteed Annuity (Liquid Lifetime) (Annuity) provides regular payments for your lifetime in exchange for an initial capital investment, regardless of how long you live or how investment markets perform. They work like a pay cheque in retirement, giving you peace of mind, for life.

The Annuity offers three liquidity options, so you can tailor it to meet your needs.

For more information, see our Lifetime annuities page.

Current annual payments for every $100,000 you invest in the Annuity are illustrated below. The payments shown are for specific ages, before any tax obligations, for a single life Annuity bought with non-superannuation money. The payments do not include adviser service fees.

For other options, contact your financial adviser or call us on 13 35 66.

Current from 10 December 2018 to 16 December 2018

Annual payments - regular income (15 year withdrawal guarantee)

Male

Age* Maximum withdrawal guarantee
 
Amount of inflation protection
 
Full Partial Nil
65 100% $3,455 $3,939 $4,054
70 100% $3,480 $3,895 $3,994
75 70% $4,608 $5,053 $5,178
80 20% $6,279 $6,967 $7,251

Female

Age* Maximum withdrawal guarantee
 
Amount of inflation protection
 
Full Partial Nil
65 100% $3,433 $3,937 $4,076
70 100% $3,505 $3,934 $4,043
75 70% $4,622 $5,088 $5,210
80 20% $6,106 $6,829 $7,138

*Age at commencement of annuity.

Annual payments – flexible income (reducing liquidity)

Male

Age* Withdrawal period
 
Amount of inflation protection
Full Partial Nil
65 18 years $5,282 $6,192 $6,677
70 14 years $6,027 $6,911 $7,347
75 10 years $7,178 $8,048 $8,437
80 7 years $8,827 $9,678 $10,018

Female

Age* Withdrawal period
 
Amount of inflation protection
Full Partial Nil
65 21 years $5,044 $5,956 $6,452
70 16 years $5,725 $6,612 $7,060
75 12 years $6,687 $7,549 $7,947
80 9 years $8,029 $8,862 $9,206

*Age at commencement of annuity

Annual payments – enhanced income (no liquidity)

Male

Age* Amount of inflation protection
Full Partial Nil
65 $5,661 $6,636 $7,155
70 $6,583 $7,548 $8,023
75 $7,977 $8,942 $9,374
80 $10,107 $11,080 $11,467

Female

Age* Amount of inflation protection
Full Partial Nil
65 $5,352 $6,319 $6,845
70 $6,165 $7,119 $7,601
75 $7,370 $8,319 $8,757
80 $9,182 $10,133 $10,526

*Age at commencement of annuity

Financial advice

We recommend you speak with a financial adviser before making any investment decisions. A financial adviser can help you determine how to create a retirement portfolio to best achieve your goals, including maximising any social security entitlements. They will generally agree with you a charge for providing advice which you may elect to pay out of your annuity rate and/or payments. The rates in the table above do not take any such fees into account.

Term annuities provide dependable, regular payments for a fixed term of your choosing, in exchange for an initial capital investment. For more information, see our Fixed term annuities page.

Current annual payments for every $100,000 you invest in the Challenger Guaranteed Annuity (Annuity) are illustrated below. The payments shown are for specific terms, before any tax obligations, for an Annuity bought with non-superannuation money. The payments do not include an adviser service fee.

For other options, contact your financial adviser or call us on 13 35 66.

Current from 10 December 2018 to 16 December 2018

Annual payments - Term Annuity

Term Annual income payment with capital returned at end of term
 
Years Rate Annual income payment
2 2.95% $2,950
3 3.05% $3,050
5 3.30% $3,300

Financial advice

We recommend you speak with a financial adviser before making any investment decisions. A financial adviser can help you determine how to create a retirement portfolio to best achieve your goals, including maximising any social security entitlements. They will generally agree with you a charge for providing advice which you may elect to pay out of your annuity rate and/or payments. The rates in the table above do not take any such fees into account.

Challenger CarePlus (CarePlus) is designed for people who have been assessed as being eligible to receive Government-subsidised aged care services (including both residential and home care). It provides regular payments that last for your lifetime while allowing you to leave a bequest to your family when you pass away. CarePlus is comprised of two products: CarePlus Annuity and CarePlus Insurance. For more information, see our CarePlus page.

Current annual payments for every $100,000 you invest in CarePlus are illustrated below. The payments shown are for specific ages, before any tax obligations. The payments do not include adviser service fees.

For other options, contact your financial adviser or call us on 13 35 66.

Current from 10 December 2018 to 16 December 2018

Annual payments – CarePlus Annuity

Age* Male Female
75 $2,895 $2,924
80 $2,889 $2,909
85 $2,888 $2,899
90 $2,891 $2,893
95 $2,898 $2,892

*Age at commencement of annuity

Financial advice

We recommend you speak with a financial adviser before making any investment decisions. A financial adviser can help you determine how to create a retirement portfolio to best achieve your goals, including maximising any social security entitlements. They will generally agree with you a charge for providing advice which you may elect to pay out of your annuity rate and/or payments. The rates in the table above do not take any such fees into account.