Lifetime Income Fund - does exactly what it says.


Term Deposits, or TDs, are familiar to most people. And, they have their place; an easy and low-risk investment. Choose your time frame, the amount you want to invest and the interest rate that suits you. The big four banks offer them and their history is pretty solid.

But your investment isn’t insured, so in the event of a bank failure there’s the possibility of your money getting a ‘haircut,’ as it’s known in the trade.

TDs aren’t always well-suited as income investments either, due to fluctuating and recently low interest rates, infrequent payments and the fact that income stops once the full amount is drawn down.

But there is an investment fund perfectly suited to providing a steady and frequent income for life. It’s called, rather appropriately, the Lifetime Income Fund.

In a nutshell, it lets you turn your investment lump sum into regular income for the rest of your life and is a great option to consider when your KiwiSaver savings mature. It is insured income, so even if markets fall, your income doesn’t and it’s there for life, giving you peace of mind for your future.

For simple saving, TDs have their advantages. But for an income investment that’s actually insured against you living longer than you might anticipate and market risks, the Lifetime Income Fund is ideally suited to your needs.

For more information about the Lifetime Income Fund, watch the video at the top of the page or contact your Britannia adviser today.


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Product Disclosure Statements for the Britannia Retirement Scheme and the Integral Master Trust are available from the Scheme's issuer, Britannia Financial Services Limited, phone 0800 500 811.

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