HUB24 Launches Lifetime Super Product With TAL, Expanding Retirement Income Options

MT Newswires Live05-20 09:45

HUB24 (ASX:HUB) said it has launched a lifetime super product with life insurance firm TAL, expanding the range of lifetime retirement options available through HUB24 Super, according to a Wednesday statement.

The company said the lifetime super account meets the requirements of an Innovative Retirement Income Stream, giving access to concessional Centrelink treatment when used to purchase a lifetime pension account, the filing added.

Advisers can now choose from a range of lifetime income offerings, including Allianz Guaranteed Income for Life (AGILE) and Challenger annuities, alongside a broad range of investment options, with HUB24 planning to launch a lifetime pension account in the second half of 2027, it added.

The company's shares rose 1% in recent Wednesday trade.

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