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TAL, Challenger launch MLC Retirement Boost

Financial Standard

|

July 28, 2025

MLC has partnered with TAL and Challenger to develop a retirement income solution - MLC Retirement Boost.

- Karren Vergara

MLC Retirement Boost operates like a standard superannuation account that allows customers to boost their income during retirement due to the concessional treatment of lifetime income streams.

MLC Retirement Boost will be available on the Expand platform for advisers to use with their superannuation clients from August.

Insignia Financial chief executive Scott Hartley said until now the super industry has treated the accumulation and decumulation phases entirely separately, and “we don’t think that accurately reflects how most people view retirement.”

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