Get a higher boost of up to 24% to your retirement savings
Our retirement plans give you more financial security by rewarding you for healthy investment behaviours, such as investing longer and investing more, with investment boosts of up to 20% or discounted fees.
With our current offer, you can now get even higher boosts on your lump-sum Retirement Annuity or Preserver Plan for investing longer. We reward you with boosts of up to 24% when you invest in qualifying Discovery funds, or a boost of up to 14% to your investment in Cogence solutions.
An unmatched pre-retirement solution
Invest your boost offshore in USD
INVEST OFFSHORE
You can choose how you'd like the boost to grow and how you want to use your boost when you retire.
Investing your boost offshore will provide increased global exposure (this includes your additional boost with our current offer).
This offer applies from 23 September 2024 to 28 February 2025.
Speak to your financial adviser to find out more.
The offer applies to lump-sum Retirement Annuities and Preserver Plans without the Boost Accelerator. This offer period runs from 23 September 2024 to 28 February 2025. The offer will not apply to any applications received outside of this period. All policy documents must be received on or before 28 February 2025 and money received by 20 May 2025 to qualify for this offer. Applications that are still being processed at the launch of this offer (23 September 2024) will still qualify for this limited offer, provided that all documents and funds are received on or before the 28 February 2025. Existing policies and upgrades will not receive this offer. Any intentional movement, transfer or withdrawal of existing business to qualify for this offer will be disallowed and will forfeit the current offer and Investment Boost. The 4% boost will grow in line with the underlying boost growth rate and will apply to the client's qualifying fund balance. In the five years between the client's selected retirement date and the date on which the 4% boost pays out, any switches out of qualifying funds will reduce the boost, while switches into qualifying funds and additional contributions will not result in an increase the boost. The boost from the current offer pays out five years after the selected retirement date.
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.