Our LGS Guaranteed Income products have been designed for members who want guaranteed income in retirement.
The LGS Guaranteed Income products provide a regular, tax-free secure income that helps manage the risks in retirement. The different features allow you to customise your account to meet your retirement needs.
LGS Guaranteed Income products are non-account based pensions that provide fixed payments in exchange for an initial capital investment. These products are designed to provide market and inflation protection at competitive rates.
The LGS Lifetime Guaranteed Income allows members to invest for their lifetime or the lifetime of the member and another person.
The LGS Fixed Term Guaranteed Income allows members to select a term from 1 to 40 years. It also provides members with the option to have some capital repaid at the end of the investment term.
Your money is invested in a life policy issued by Challenger Life Company Limited, who are actively supervised by the Australian Prudential Regulation Authority (APRA).
To open an LGS Guaranteed Income account:
LGS Guaranteed Income products allow you to customise your account with the following features:
To apply for an LGS Guaranteed Income account, please contact your LGS financial planner. You can also request an appointment online or call Member Services on 1300 LGSUPER (1300 547 873) between 8.30am and 5.00pm, Monday to Friday.
For more information on the LGS Guaranteed Income products, please refer to the following: