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Guaranteed Annuities Lifestream Guaranteed Income

What is this product about?

An annuity is a low-risk investment product that guarantees a regular income, either for a fixed term or for life.

Who can invest in annuities?

Guaranteed Annuities Lifestream Guaranteed Income are generally suitable for:

Investors seeking:

  • a secure guaranteed income in retirement.
  • a conservative/low risk investment that provides guaranteed regular payments.
  • certainty in estate planning.
  • to maximise social security entitlements.

Australian companies, trusts and super funds seeking:

  • a guaranteed, regular source of income.

Resolution Life has prepared a Target Market Determination which describes the class of consumers that comprise the target market for this product. The Target Market Determination can be sourced at resolutionlife.com.au/aia/tmds-docs.

Key benefits of an annuity

 

Security

  • Annuity payments aren’t affected by share market movements or interest rate fluctuations.

Flexibility

  • The option for clients to choose their preferred investment term and if they want regular payments to be made monthly, quarterly, half-yearly or yearly.

Protection against inflation

  • Long Term annuities can provide regular payments that increase annually in line with the Consumer Price Index (CPI).

Tax Benefits

  • Tax-free regular payments for people over 60 who invest with money from their super (see PDS for full details).
  • Tax offsets for some people aged between preservation age and 60 who invest with money from their super.

Accessibility

  • At the end of the investment term your clients can access some or all of their initial capital investment.

Social security interaction

  • Fixed term and Lifetime annuities may be assessed beneficially for asset and income tests based on personal circumstances (see PDS for full details).

Our difference

Resolution Life delivers secure returns by investing in a diversified portfolio of securities and holds capital in excess of regulatory requirements.

*Terms and conditions apply. Refer to the PDS for more details.

How to invest

STEP 1

Read this PDS

We recommend that you read this PDS carefully and contact your dedicated Retirement BDM if you have any questions.

DOWNLOAD PDS


STEP 2

Get a quote

  • For information on bonus rates please contact your dedicated Retirement BDM.
  • All quotes need to be obtained through MyQuote. For access to MyQuote please visit our Adviser Portal.
  • Login to the Adviser Portal

STEP 3

Send us your quote and completed application forms/s

Please send your application form, cheque or direct deposit receipt, certified ID, Tax File Number declaration form and Withholding declaration form (if applicable) and valid quote to:

Resolution Life
Guaranteed Annuities
GPO Box 3306
Sydney NSW 2001.

or scan and email forms to:
au.newbusinessannuity@aia.com

Guaranteed Annuities forms and documents

Awards

Our Lifestream Guaranteed Income annuity has won the following awards:

  • 2022 Plan for Life Deferred Lifetime Guaranteed Income
  • 2022 Plan for Life Tools & Calculators
  • 2021 Association of Financial Advisers (AFA) Short Term Income Stream Award
  • 2021 AFA Annuity Innovation Award
  • 2021 and 2020 Plan for Life Longevity Product - Term & RCV Award
  • 2020 AFA Short Term Income Stream Award
  • 2019 Plan for Life Longevity Product – Multiple Annuity Portfolio Award

Contact your dedicated Retirement BDM

QLD/VIC/TAS

Vijay Mathew
0475 955 323
vijay.mathew@aia.com

NSW/ACT/SA/WA/NT

Simon Felice
0416 037 066
simon.felice@aia.com

Important information

Any advice and information on this website is general in nature and is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), which is part of the Resolution Life Group. Resolution Life can be contacted via the Contact us page. The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on the advice, you should consider the appropriateness of the advice, having regard to those matters as well as the relevant Product Disclosure Statement (PDS) or Policy Document, available here or via the Contact us page. Before making a decision about the product, consider speaking to a financial adviser if you have any concerns.

If you decide to purchase or vary a financial product, Resolution Life and/or other companies within the Resolution Life Group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium they pay or the value of their investments. You can ask us for more details.

These products are not issued by the AIA Group. The AIA Group has sold to the Resolution Life Group that part of the business that previously provided or administered these products. The Resolution Life Group and its products and services are not affiliated with, or guaranteed by, the AIA Group. The Resolution Life Group uses AIA's trademarks under licence.