Clients can get an enhanced boost to their extra contributions
Our retirement plans are designed to help clients create financial independence in retirement by rewarding their healthy lifestyle and investment behaviours with boosts and fee discounts.
With our current offer, existing clients can get rewarded for investing more with an enhanced boost of up to 25% on extra contributions to their lump-sum Retirement Annuity, so that they can have enough money to retire comfortably.
Extra contribution opportunities
As your clients receive their year-end bonuses and tax refunds, you can help them make smart financial choices by helping them invest their extra money for retirement.
By investing more, they will be able to close their retirement savings gap with the benefit of an enhanced boost.
This offer applies from 27 October 2023 to 29 February 2024.
The offer will only apply to existing business. All documents must be completed, and we must receive it within the offer period, and we must allocate the money to the investment by 29 February 2024. Existing business includes all clients invested in lump-sum Retirement Annuities that qualify for the boost, excluding Retirement Annuities with Boost Accelerator or Classic Plans. All extra contributions that are currently in the pipeline, will qualify for the offer. The current offer boost percentage only applies to extra contributions made six months after your client's lump-sum Core Retirement Annuity inception date. The current offer will only apply to additional contributions made at least 10 years before your selected retirement date. If the client makes many extra contributions during the offer period, the portion of the total contributions that receives the higher boost is limited to 20% of the fund value at the time they make the contribution.
This document is meant only as information and should not be taken as financial advice. For tailored financial advice, please contact your financial adviser. Discovery Life Investment Services Pty (Ltd), registration number 2007/005969/07, branded as Discovery Invest, is an authorised financial services provider. All life insurance products are underwritten by Discovery Life Ltd, registration number: 1966/003901/06, a licensed life insurer and an authorised financial services provider and registered credit provider, NCR registration number NCRCP3555. All boosts are offered through the insurer, Discovery Life Limited. The insurer reserves the right to review and change the qualifying requirements for boosts at any time. Product rules and terms and conditions apply.