Why choose Challenger?
Choice
Guaranteed regular income
No fees
Strength
Delivering adviser support
Take advantage of the range of support available to you from Challenger.
Technical support
Service support
Product support
Strategy support
Strength and experience
Challenger was founded in 1985 and is Australia’s leading retirement income brand1. Challenger Life is Australia’s largest provider of annuities, managing $25 billion in assets as at 30 June 2024.
Experienced
Challenger’s core business has been delivering regular income to Australians for nearly 40 years and we are recognised as Australia’s leading provider of retirement income*.
Trusted
Challenger Group is an ASX 100 listed company regulated by the Australian Prudential Regulation Authority (APRA). We paid around $6 billion** in income to our customers in the 2024 financial year.
Secure
Challenger is an APRA regulated Life Company. We are required to meet strict legislative and regulatory requirements to ensure your clients' money and income are kept safe.
Partner of choice
The 25 largest superannuation funds in Australia have a business relationship with the Challenger Group***.
We’re a multi award-winning Life Company
Challenger is the largest provider of annuities in Australia and pays guaranteed regular income to thousands of customers. We’ve been winning industry awards for more than 14 years and have also been recognised by Money Magazine in their Consumer Finance awards 2023 and Best of the Best awards 2024.
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Guaranteed regular income
Challenger annuities offer your clients guaranteed regular income for life, or for a period they choose.Lifetime annuity
Receive guaranteed regular income payments for the rest of your life from a lump sum invested.
Term annuity
%* p.a | 3-year fixed termGuaranteed income in return for a lump sum invested for a fixed term.*Rates may vary. Annual payment with capital returned at the end. Issued by Challenger Life Company Limited ABN 44072486938.
CarePlus income for aged care
Challenger CarePlus provides guaranteed monthly payments for life to help with ongoing costs of aged care as well as a guaranteed death benefit.
How we cover our promises
Our annuities offer guaranteed regular income payable for life, or for a chosen investment term. So how do we cover our promises made to you?
We invest alongside your client
We’re required to contribute our own money into the same statutory fund where annuity money is held. All payments to our customers are made from this fund.
We are APRA regulated
Challenger Life is regulated and monitored by the Australian Prudential Regulation Authority, which also regulates the banking, insurance and superannuation industries.
We cover market shocks
If our investments in the Statutory Fund don’t earn as much as expected, we’ll still aim to ensure our customers get their payments.
Our investment experience
Challenger’s Funds Management division has $117.4 billion funds under administration (FUA)* and is one of Australia’s largest active fund managers.
Challenger’s Funds Management division comprises Fidante and Challenger Investment Management (CIM), has operations in Australia, the United Kingdom, Europe and Asia and invests across a broad range of asset classes, including fixed income, Australian and global equities and alternative investments.