Comparing Lifetime
Income Products Using Rates

Australian retirees now have access to a broader range of Lifetime Income products than ever before.

Today, over 5 million Australians are with product providers that offer a ‘lifetime’ option when they reach retirement. These products provide income payments that are guaranteed to continue for the rest of the person’s life, and vary widely in terms of structure, features, and income potential.

Understanding how different Lifetime Income products function—and how their Starting Income rates and increase mechanisms compare—is essential knowledge for delivering sound retirement advice in today’s market.

This research provides financial advisers and superannuation professionals with the clarity needed to start comparing product options as they align retirement strategies with client preferences, risk tolerance, and retirement goals.