
News
Simplicity offers income option

Friday 22nd of September 2017
It is launching the Simplicity Guaranteed Income Fund, which members can switch to as they approach retirement.
Then they receive 5% of their final KiwiSaver balance for life, from 65. Lifetime’s insurance product covers the longevity risk.
As with Lifetime’s other products, investors who start taking drawdowns later in life receive a higher percentage of their balances as annual...
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