LIFE INSURANCE SUPERANNUATION RETIREMENT INCOME
 
     
 

RETIREMENT INCOME

 

Asteron retirement income solutions enable a smooth transition from superannuation accumulation to retirement pension

Retirement income solutions help address the retirement income gap and complement Asteron's superannuation accumulation solutions.

Whatever age you are now, and whatever age you want to be when you retire, it's worth looking at the options that Asteron provides:

  • Allocated pensions
  • Term allocated pensions (‘TAPs’) TAPs will no longer be available from 20 September 2007, due to changes in Federal Government legislation.
  • Asteron Longevity Income Stream

For longevity income planning, Asteron leads the industry with an Australian first.

Retirement in Australia is getting longer, as people are leaving work earlier and life expectancy is increasing.  Asteron is the first company in Australia that can offer a solution allowing certainty of retirement income no matter how long you live.

Asteron Longevity Income Stream (ALIS) - is specifically designed to complement existing retirement strategies.

You can benefit from ALIS by putting away a small amount of your superannuation savings at the beginning of your retirement and use a traditional retirement income stream (such as an allocated pension) for the early years of your retirement. At around age 85, ALIS will commence to pay a lifetime income stream for the latter years of retirement. It's a retirement solution that will last as long as you do!

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This is general advice and does not take into account your objectives, financial situation or needs. Before acting on this general advice you should consider the Product Disclosure Statement and the appropriateness of the advice having regard to your situation and consult your financial adviser.