.png?sfvrsn=465a3be2_1)
6f085c0e515d67af8babff0100a58543.png?sfvrsn=c5553be2_1)
Existing ASG Products
We recently launched a new range of Education Bonds under our Futurity brand. As an existing member, we remain committed to supporting you and your family on your education journey. You can still access all your details and review the PDS for your fund via your MyASG account any time. Please contact us to discuss any aspect of your fund.
Education Bonds Range
Our two new Education Bonds are designed for you to tax-effectively save and invest to accumulate the funding for your education-purposed objectives.
The Bonds have the flexibility and features to establish financial provisioning for a full spectrum of lifelong education courses to serve families across multiple generations or can be tailored for individual Education Beneficiaries.
Family Education Bonds
A ‘first-of-kind’ discretionary Education Bond that works like your own tailored, education-purposed family trust structure – but with inbuilt tax-effectiveness of a conventional Education Bond.
Invidivual Education Bonds
The Individual Education Bond allows you to tailor separately invested, managed, and accounted for Bonds for individual Education Beneficiaries.
ASG Products
As an existing member, we remain committed to supporting you and your family on your education journey. You can still access all your details via your MyASG account. Please contact us to discuss any aspect of your fund.
The PDS specific to your investment can be accessed from the New Zealand Disclose Register, using the issuer name ‘Futurity Investment Group’.
We have enjoyed supporting New Zealand families for many years however, given the growing cost of marketing and distributing our products and after a comprehensive review of our operations, we have made the decision to discontinue distributing our scholarship plans to the New Zealand market. As such, we will not be accepting any new members in our New Zealand scholarship plans.
Importantly, we will continue to support you and all our existing New Zealand members and we do not foresee any impact on your benefit entitlements, or other rights, as current members of our funds. There is no change to your ability to contribute to current funds and we will continue to provide ongoing service and support to assist you through our Customer Care Centre, which supports both our Australian and New Zealand members. The only change is that new and existing members will not be able enrol in any further New Zealand scholarship plans.
We are in a sound financial position and this decision will assist in ensuring that we maintains that healthy position into the future.
We thank you for your continued support and we look forward to supporting your family’s education journey and honouring our obligations under the New Zealand scholarship plans for many years to come.
If you have any questions in relation to this announcement, please do not hesitate to contact our Customer Care team on (09) 366 7670 or customercare@asg.com.au.