I believe lifetime income better delivers what clients want

Andrew Lowe  |  Challenger  |  03 May 2023

In research undertaken in partnership with National Seniors Australia, Australian seniors told us that they were feeling the impact of inflation on their lifestyle in retirement. They were concerned about the cost of living and outliving their savings. They want regular income, income that increases with the cost of living, income that lasts a lifetime and access to capital when required. I believe that a partial allocation of retirement savings to a contemporary lifetime income stream can help increase the certainty of delivering what clients want. Such an allocation can deliver mor...

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