Term deposits, annuities and cash
With Netwealth's super and investment accounts, your clients can invest in a range of fixed interest options from leading providers.
Term deposits
Available term deposit options
We have selected a great range of term deposit providers and options.
3 months
BOQ
ANZ
NAB
6 months
BOQ
ANZ
NAB
1 year
BOQ
ANZ
NAB
3 years
BOQ
ANZ
NAB
5 years
BOQ
ANZ
NAB
Important information:
| Target Market Determination | Product Disclosure Statement | |
|---|---|---|
| BOQ | Download | Download |
| ANZ | Download | Download |
| NAB | Download | Download |
View current term deposit offers
Current cash rate
Cash account information
This is the transaction centre of your account. Here all contributions, income and other receipts are deposited and all purchases of investments, withdrawals, fees, taxes and other costs are withdrawn.
Cash funds are pooled with cash from other investors and placed on deposit with Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ). As all these funds are invested in the same cash pool, cash funds held within each service receive the same rate of interest based on the daily balance of the client’s Cash Account.
The current indicative* cash rates are:
| Current | |
|---|---|
| Netwealth Wrap Service1 | 0.00% |
| Netwealth Superannuation Master Fund2 | 0.00% |
| Managed Account3 | 0.00% |
The historical indicative* cash rates are:
| 04/03/20 | 02/10/19 | 03/07/19 | 05/06/19 | |
|---|---|---|---|---|
| Netwealth Wrap Service1 | 0.00% | 0.25% | 0.50% | 0.75% |
| Netwealth Superannuation Master Fund2 | 0.00% | 0.25% | 0.50% | 0.75% |
| Managed Account3 | 0.00% | 0.25% | 0.50% | 0.75% |
For older indicative cash rate changes please contact Netwealth.
* The funds in your cash account earn monthly interest at a rate set by us. The rate is set at no less than 0.50% p.a. less than the target cash rate set by the Reserve Bank of Australia during the month (which is often referred to as the ‘official cash rate’)
(1) Including Wealth Accelerator, Russell Investments Wealth Series and Russell Investments Portfolio Service
(2) Including Super Accelerator and Russell Investments Super Series
(3) Including the Netwealth Managed Account Service and any other approved Managed Account scheme
Annuities
Annuity rates and information
Netwealth has partnered with Challenger to give your clients access to annuities at the same rates as if they went directly to Challenger. As a registered Netwealth adviser you can access Challenger tools, such as calculators, complete online applications and edit annuity policy details in one place.
The following annuities are available for clients with or without them having a Netwealth super or investment account.
Challenger Guaranteed Annuity
Challenger Guaranteed Annuity
Creates a regular cash flow for a client’s desired investment term, regardless of how investment markets perform. It can give clients peace of mind during their retirement.
View current ratesChallenger Guaranteed Annuity (Liquid Lifetime)
Challenger Guaranteed Annuity (Liquid Lifetime)
Provides a guaranteed regular income for your clients’ lifetime regardless of how investment markets perform or how long they live.
View current ratesChallenger CarePlus
Challenger CarePlus
A specialist investment designed to help people moving into residential aged care. It provides guaranteed monthly income for life, with a lump sum payable to nominated beneficiaries or the estate upon death.
View current ratesInsights
Latest: Managed accounts during volatility and beyond
Four advisers share how managed accounts can enhance your client value proposition.
Special reports: Take a deep dive
Our collection of guides take a deep dive on topics including AdviceTech, managed accounts and cultural trends.
Podcasts: Between Meetings with Matt Heine
Netwealth's Matt Heine chats to industry thought leaders on the opportunities they see for financial advisers.
Webinars: Grow your Business IQ
Recordings from our monthly webinar series, covering a range of topics presented by industry professionals.