ASG or Australian Scholarships Group is a member-owned mutually structured organization that strives to inspire and empower people to reach for a brighter future through education.  

Last year, we started on a transformation project to redefine ASG and refine its strategic direction to refresh our relevance as a modern, mutual education savings and investment focused institution while remaining committed to supporting the education journeys of Australian families. 

ASG is now Futurity Investment Group Limited. This website is designed to service the needs of our New Zealand members with ASG products. We encourage you to visit our new website to view further information regarding our governance structure, new product offerings and insights into saving for education. 

Who we are 

We are an independent and mutually structured financial institution and a leading issuer of tax-effective, life-event Education Bonds. 

Our primary purpose is to enable our members to attain financial self-sufficiency to meet lifelong education objectives for themselves and their families. 

We are owned by our 75,000 members, rather than shareholders. We use our expertise in tax and investment markets to provide innovative tax-effective solutions to support the education journeys of Australian and New Zealand families. 

With total assets of $1.18 billion, our financial strength and capital reserves enable us to meet our long-term commitments to members through all investment cycles. 

Since our inception in 1974, more than 557,000 children have received education benefits and $3.35 billion paid to our members and their education beneficiaries. Futurity is an APRA regulated and supervised financial institution. 

Our history 

Futurity, previously known as ASG, has been supporting the education journeys of Australian and New Zealand families for over 45 years. 

We do this primarily through financial returns to members in addition to providing mutual value by supporting education through our community investment, our advocacy and through the passion of our people. 

In addition to the value we provide to members through our education savings and investment products, it is in our DNA to represent members‘ education interests with strong and active advocacy. We continue to create awareness of and stimulate debate on important issues, such as the cost of education, and on increasing the accessibility and affordability of education. 

Acknowledging exceptional teachers 

Our National Excellence in Teaching Awards (NEiTA) is a community-centred awards program, started by the NEiTA Foundation in 1994 in New Zealand to honour exemplary teaching in Australia and New Zealand. 

Over the last 25 years, NEiTA has received more than 40,000 nominations for excellent and inspirational teachers from early childhood and school communities in the region. 

Since its establishment, more than 1,050 teachers have received awards, and the NEiTA Foundation has awarded more than AUD1 million in professional development grants, prizes and endowments. 

For more information, please visit our dedicated NEiTA website at

Our partnership with The Smith Family 

Futurity is proud to work with The Smith Family as our charity partner. 

We support their evidence-based Learning for Life program, which helps children from disadvantaged backgrounds in Australia to attend school, to stay engaged and motivated, and to go on to further study, training, or employment. 

This long-term investment in the education of young Australians helps open their minds to a world of opportunity and a future full of possibilities.