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| Australians are living longer and spending more. So, it’s a good thing Age Pension rules for lifetime income streams may help your client’s retirement savings last longer. A challenging investment market and increased life expectancies have made it difficult for some to ensure their retirement income will last the distance. Allocating a portion of your client’s defensive portfolio to a lifetime annuity may help boost their Age Pension and guarantee income for life – giving them more confidence to spend without fear they’ll run out of money. It is the perfect complement to the account-based pension and helps you deliver a comprehensive retirement income solution to support your client’s lifestyle longer. Discover how investing in a lifetime income stream may help boost your client’s Age Pension. | ||
We’re here to support youLet us crunch the numbers and see if you can boost your client’s Age Pension
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Age Pension benefits described above will not apply to all individuals. Age Pension outcomes depend on an individual (or couple’s) personal circumstances and may change over time. While lifetime income streams may immediately benefit some Age Pension eligible retirees who are assessed under the assets test, in later years, if assessed under the income test, any ongoing Age Pension benefits may be reduced. The information contained in this email is provided by Challenger Life Company Limited ABN 44 072 486 938, AFSL 234670 (Challenger Life). All information is current at the time it is sent unless otherwise specified and is general information only and not advice. It is intended solely for licensed financial advisers and must not be passed on to retail clients. It does not take into account the investment objectives, financial situation or needs of any particular investor. |
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