Retirement solutions

At Challenger we believe retirement and in particular, longevity risk doesn’t need to be complex. We can work with you to design and implement a retirement solution that matches your members’ specific needs, retain assets under management and help to meet the requirements of the Retirement Income Covenant.

Simplicity, scalability and flexibility for retirement solutions

Market leader in retirement

Successful track record in delivering longevity and retirement income solutions.

Innovative and flexible solutions

Retirement solutions can be tailored at a member or cohort level.

Superior member experience

Give your members the confidence to spend in retirement with guaranteed income for life.

Trust and leadership

Peace of mind from a solution that is backed by an APRA-regulated institution.

Simple implementation

Tailored support to ensure member take-up and avoidance of legacy product risk.

In-market experience

We have successfully implemented longevity solutions for more than 15 corporate partners in Australia and offshore. Our institutional strategy is focussed on building partnerships with superannuation funds, helping them to deliver tailored retirement solutions for their members. To date, we have partnered with several superannuation funds helping them to offer simple, scalable and secure income to their members for life.

In November 2023, profit-for-member fund TelstraSuper announced the launch of its RetireAccess Lifetime Pension, a retirement income product designed in partnership with Challenger, which can be blended with a member’s existing account-based pension. The RetireAccess Lifetime Pension is designed to give retirees confidence to spend their income in retirement and is the first profit-for-member guaranteed lifetime income stream launched since the Retirement Income Covenant came into force.

Also in November 2023, Challenger and Commonwealth Superannuation Corporation (CSC) announced a strategic partnership to provide a longevity solution to help meet its customers’ needs in retirement. Challenger’s lifetime income solution forms part of CSC’s broader Retirement Income Strategy and supports CSC’s retirement profiles for members.

Insights

Our experts keep you up to date with education, insights and research.

Maximising retirement income

You only get out what you put in, is often used as a motivation to work hard for a goal.

retired couple on lounge looking at an ipad

Protecting retirement income from inflation

A critical factor in setting a successful retirement income strategy is managing inflation risk.

Corporate woman looking freely in the distance

Giving members the best outcomes

All super funds want to give their members the best outcome in retirement with what they’ve got. But what challenges are there to achieve this, and how can they be overcome?

Learn more