Challenger wins Overall Longevity Provider of the Year Award 2023

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Challenger is the winner of the Overall Longevity Provider of the Year Award for 2023, announced by Plan For Life on Thursday, December 6, 2023.

The fifth Annual Longevity Cover Awards recognise Australian Life companies and fund managers who are designing products to assist retirees in meeting the challenges of longevity. Longevity in this context simply means ‘life expectancy’. Products currently on offer to retirees, specifically designed to meet some part of longevity risk, can be defined as “Longevity Cover”.

The Longevity Product (Lifetime Guaranteed Income) Award went to Challenger (Liquid Lifetime Annuity – Immediate Payments), a product which provides a combination of flexibility, access to capital and guaranteed income.

The Longevity Product (Deferred Lifetime Guaranteed Income) Award went to Challenger (Liquid Lifetime Annuity - Deferred Payments), which provides access to capital and deferred guaranteed income.

The Longevity Product (Lifetime Investment Linked) Award went to Generation Life (LifeIncome), which provides income that is linked to selected investment options and which continues for life.

The Longevity Product (Deferred Lifetime Investment Linked) Award went to AMP (MyNorth Lifetime Deferred Income) which provides deferred income that is linked to selected investment options and which continues for life.

The Innovation (Product) Award went to Allianz (AGILE).

The Innovation Tools & Calculators Award went to AMP for the MyNorth Retirement Modelling Tool.

The Client & Adviser Technical Support Award went to Generation Life for its in-depth, ongoing support for advisers.

Award

Winner

Product

Overall Longevity Provider of the Year

Challenger

  

Client & Adviser Technical Support

Generation Life

  

Innovation - Product

Allianz

AGILE

Innovation Tools & Calculators

AMP

MyNorth Retirement Modelling Tool

Longevity Product - Deferred Lifetime Guaranteed Income

Challenger

Liquid Lifetime Annuity - Deferred Payments

Longevity Product - Deferred Lifetime Investment Linked

AMP

MyNorth Lifetime Deferred Income

Longevity Product - Lifetime Guaranteed Income

Challenger

Liquid Lifetime Annuity - Immediate Payments

Longevity Product - Lifetime Investment Linked

Generation Life

LifeIncome

Wholesale Longevity  Product

TAL

Retirement Income Solutions