It pays you a guaranteed income throughout your retirement, which can be for a fixed period of time, your life expectancy, or for the rest of your life.
Your income is guaranteed, no matter what happens to interest rates or share markets and you can choose to receive payments monthly, quarterly, half-yearly or yearly.
When investing with super money, income payments are tax free in most circumstances if you're aged 60 or over and there's a 15% tax offset if you're aged between 55 and 59 years.1
Invest a minimum lump sum of $10,000 from either your super or personal savings.
Your income is guaranteed, no matter what happens to interest rates or share markets, and you can choose to receive payments monthly, quarterly, half-yearly or yearly.
Set your own terms and invest for a fixed period from 1 to 30 years, or choose to receive payments for the rest of your life.
We’ve partnered with AIA Australia to actively improve the financial health and wellbeing of Australians. We believe in providing the right solutions for the right circumstances and to make your life better. AIA Australia delivers innovative retirement solutions, and is committed to helping you make healthier lifestyle choices every day with rewards along the way.
This is general information about this product and is not to be taken as a recommendation to invest. You should assess whether the product is appropriate for you and consider talking to a financial adviser before making any investment decision.
Guaranteed Annuities Lifestream Guaranteed Income is issued by AIA Australia Limited ABN 79 004 837 861 AFSL 230043 (AIA Australia) and is subject to their full terms and conditions. AIA Australia is part of the AIA Company Limited group of companies. For further information, contact AIA Australia. Neither AIA Company Limited nor AIA Australia are part of the CBA Group. CBA and its related entities do not sell, issue or guarantee the obligations or performance of AIA Australia or the products it offers and any investment in Lifestream Guaranteed Income does not represent a deposit with or liability of either CBA or any of its related bodies corporate.
1 Taxation considerations are general and based on present taxation laws and may be subject to change. AIA Australia is not a registered tax (financial) adviser under the Tax Agent Services Act 2009. You should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on information, to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.
