©Centuria Capital Limited. ABN 79 087 649 054

Administration enquiries: 1800 182 257 or bonds.enquiry@centuriainvestor.com.au

Investment and product enquiries: 1300 50 50 50 or enquiries@centuria.com.au

Features of investment bonds

The key features of investment bonds are summarised below:

Child Plan

Any person, including parents and grandparents, are now able to provide an endowment for the future financial needs of children and grandchildren. This special feature is called the Centuria LifeGoals Child Plan.

Investors can nominate a child from 0-16 years of age who will become the owner of this investment upon reaching the nominated vesting age, which can range between 10-25 years of age. This innovative plan has no personal tax or CGT obligations for you or the child.

Unlimited contributions in year one

You can make unlimited contributions to an investment option during the first year after you make your first investment, unlike superannuation which has annual contribution cap limits.

In subsequent years, the 125% rule allows you to contribute up to 125% of the previous year’s contribution without resetting the 10-year original investment date for calculating the 10-year period for tax purposes.

Transfer of ownership & named beneficiary

You can transfer ownership of your Centuria LifeGoals investment at any time without tax implications if the transfer is made for no consideration. The original start date is retained for tax purposes.

This process is not as easy within a company structure as tax liabilities may be created.

Tax offset on withdrawals within 10 years

If you make a withdrawal within the first 10 years of your investment, you will normally pay tax on the amount withdrawn but you will receive a 30% tax offset (for the tax already paid by Centuria Life). However, no additional tax may be payable if a withdrawal is made in exceptional circumstances including death, accident, illness or other disability affecting the Life Insured – whether made within or after 10 years.

Regular investment plan

Additional investments into your investment option/s can be automatically debited from your bank account by setting up a regular investment plan.

Regular withdrawal plan

You can elect to withdraw a set amount from your Investment Option each month. After 10 years, and subject to the 125% rule, you will not be taxed on these withdrawals.

Bankruptcy protection

Investment bonds may offer protection from creditors in the case of bankruptcy (subject to certain rules), which may not be possible through a company structure.

Invest today

You are one step closer to securing your future. Download the Centuria LifeGoals PDS to start investing today.

You can apply online for a simple and easy application process, or Contact Us for any investment, product or administrative enquiries.

Request a PDS