If lifetime income, then which lifetime income?

A combination of income streams, including lifetime income streams, is fast becoming a defining feature of retirement planning. The question is no longer ‘if’ members should have access to lifetime income, but ‘which’ solutions will deliver the greatest value to members and aligns with the superfund’s retirement income strategy.

Treasury’s recent consultation paper, “Guidance on Best Practice Principles for Superannuation Retirement Income Solutions”, sets out draft principles for funds. These principles highlight the importance of offering members access to lifetime income products beyond the Age Pension - a critical step in building quality retirement solutions.

The evidence is clear. Research from the Australian Government Actuary shows that incorporating a longevity component can boost retirement income by 15–30% compared with drawing only the minimum from an Account-Based Pension. Just as importantly, it provides more stable income and confidence over time. For trustees, making lifetime income products available is not simply about meeting regulatory expectations - it’s about empowering members with choice and giving them confidence to spend and helping them achieve stronger retirement outcomes.

In our interactive Q&A session, including a fund executive panel, we’ll cut through the complexity and showcase the new generation of lifetime income solutions now being launched by superannuation funds and insurers. You’ll learn how today’s products compare, where they differ, and how they can fit into your retirement income proposition. Most importantly, you’ll walk away with a practical framework to help you design solutions that resonate with your members and deliver lasting value.

Guest speakers

Andrew Lowe, Head of Technical Services, Challenger

Andrew is the Head of Technical Services for Challenger. Andrew and the Challenger Tech Team are responsible for the development and delivery of technical content, tools and advice for advisers. Andrew’s areas of interest include pre and post-retirement planning, superannuation (including SMSFs), Social Security, aged care and the regulatory environment for the provision of financial advice.

Andrew has more than 20 years’ technical experience including technical roles with AMP, ING and ANZ. Andrew has qualifications in Commerce, Law and Financial Planning.

Stephan Richartz, Head of Institutional Retirement Solutions, Challenger

Stephan is Challenger’s Head of Institutional Retirement Solutions & Strategic Partnerships. In his role Stephan is responsible for the engagement with Profit-for-Member Superannuation Funds and focused on the design and implementation of scalable retirement solutions, not only to address the Retirement Income Covenant requirements, but also to create superior member experiences and outcomes.

Stephan has over 20 years’ experience in financial services. Prior to joining Challenger Stephan held senior positions at UniSuper, AMP, BlackRock and MetLife responsible for institutional distribution and advice strategy as well as key account management. Stephan holds a Master’s degree in Business Administration from the University of Cologne in Germany, a Diploma in Banking, and a Diploma of Financial Services. He is married with two kids and lives in Sydney.

BRISBANE
DATE: Tuesday 17 February
VENUE: KPMG
ADDRESS: Heritage Lanes, Level 11/80 Ann Street

Adelaide
DATE: Wednesday 18 February
VENUE: Thomson Geer
ADDRESS: 7/19 Gouger Street


Sydney
DAte: Thursday 19 February
Venue: Thomson geer
Address: Westpac Building, Level 14/60 Martin Place

Melbourne
DATE: Wednesday 25 February
VENUE: Ashurst
ADDRESS: South Tower, Level 16/80 Collins Street


TIME: 12.15PM - 2.00PM Bris AEST | SYD & Melb AEdT | ADEL ACDT
COST: FEAL members - $0 & non-members $145 (inc GST)
*If you are a non member & would like to attend please contact FEAL.

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