As Australians live longer and expectation mounts on our retirement savings to serve us longer, the market for retirement products is growing and will continue to do so, with the recent passage of the Retirement Income Covenant.
As such, leading retirement solutions provider Challenger is adding to its product suite with the recently launched market-linked lifetime annuity in Australia.
Customised to their risk appetite, clients can access the benefits of a monthly income for their lifetime while paying no investment management fees.
While reliability is key when it comes to retirement income, Challenger's market-linked lifetime annuity is designed for those that want to stay invested in markets, to have the potential to grow their income over time, while accepting some downside risk.
Learn more in the article.