Term Deposits provide a rate of return advised in advance, for an agreed period of time.
The following table outlines key features of investing in Term Deposits.
Protect your money against market fluctuation
Club Plus Super’s Term Deposit investment option guarantees a nominated interest rate for the life of the term chosen that is competitive with the major banks. The term deposit option provides super and pension members with the security of knowing exactly what return they will receive when their investment finally matures.
How are Term Deposits taxed?
|As our Term Deposit option is offered within super, your earnings will be subject to 15% tax (at maturity) – not your marginal tax rate which may be up to 45% (plus the Medicare levy). For more information, refer to the ATO website.
||Earnings from your pension Term Deposit option are not subject to tax, however we recommend you speak to a financial planner. For more information, refer to the ATO website.
Historical Weekly Term Deposit Rates 2013/14
For more information about investing your super in Term Deposits through the Direct Investment Option, please read our Investment Booklet or call 1800 680 627 to order a mailed copy.
For more information about investing your pension in TermDeposits through the Direct Investment Option, please read our Pension Product Disclosure Statement or call 1800 204 194 to order a mailed copy.
|REGISTER YOUR INTEREST|