An introduction to deferred lifetime annuities | Accurium

An introduction to deferred lifetime annuities

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The introduction of the Government’s ‘Innovative Superannuation Income Streams’ Regulations has, since 1 July 2017, allowed for the development of new categories of retirement income streams to meet the needs of Australian retirees. These Regulations have allowed for the development of a variety of income streams, including deferred lifetime income streams, and deferred lifetime annuities (DLAs) which are available today as a consequence.

Recent changes to the social security means testing of lifetime income streams has provided certainty of social security means test outcomes for lifetime income streams (including innovative superannuation income streams) commenced on or after 1 July 2019.


This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.