From Report today
- “Significantly, providing options for Australia’s retirees to convert their superannuation into
- income that lasts for life has become
- an increasing focus for industry and government.
- The Government’s Retirement Income Framework, announced in the May 2018 Federal Budget,
- is a major step forward in developing the retirement phase of superannuation.
- This reform will improve living standards for retirees and boost the choices they have at retirement.
- As a leader in retirement incomes, Challenger is ideally positioned as lifetime products become an increasingly mainstream option in retirement.
Comprehensive Retirement Income Products, page-10
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