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An annuity is a low-risk investment product that guarantees a regular income, either for a fixed term or for life. They can be purchased by individuals with money from their super, or individuals and joint owners and companies, trusts and funds with personal savings.
Annuities 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 and to maximise social security entitlements.
Investors have the option of choosing if they want regular payments made monthly, quarterly, half-yearly or yearly.
Other ways you can manage your policy online
What you need to know
Any advice on this website is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), and is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the relevant product disclosure statement and/or policy document, available from Resolution Life at resolutionlife.com.au or by calling 133 731, before making a decision on whether to acquire, or continue to hold, the product.
The Target Market Determinations (TMDs) for our financial products (where applicable) can be found at Target Market Determinations (TMDs). The TMDs describe the key features and attributes of an applicable product that affect whether it is likely to be consistent with the objectives, financial situation and needs of consumers in the target market.
Resolution Life is part of the Resolution Life Group and can be contacted via contact us or by calling the phone number mentioned above.
