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

The Cash Account 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income and other receipts are deposited and all purchases of investments, withdrawals, fees, taxes and other costs are withdrawn.

When you invest through Netwealth's investment or superannuation accounts, cash funds are pooled with cash from other investors in that product and placed on deposit in one or more interest bearing accounts with an Australian bank. Currently, we have contracted for all funds in the cash pool to be invested 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 in your Cash Account.

 

The current indicative* cash rates are:
  Rate for first $250k of cash Rate for $250K to $2m of cash Rate for amounts over $2m
Netwealth Wrap Service1 0.20% 0.20% 0.00%
Netwealth Superannuation Master Fund2  0.20% 0.20% 0.00%
Managed Account3 0.20% 0.20% 0.00%

 

The historical indicative* cash rates on amounts up to $250,000 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, and rates on amounts over $250,000 please contact Netwealth.

 

* The funds in your cash account earn monthly interest at a rate set by us. The rate paid on the cash account will usually be set at no less than 0.65% p.a. below the target cash rate set by the Reserve Bank of Australia.  If you hold more than $250,000 in the cash account, then the rate may be lower on part or all of the amount over $250,000.

(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

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 rates

Provides a regular income for your clients’ lifetime regardless of how long they live.

View current rates

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 rates

Insights

 

Latest: Managed accounts during volatility and beyond

Four advisers share how managed accounts can enhance your client value proposition.

Download the report

Special reports: Take a deep dive

Our collection of guides take a deep dive on topics including AdviceTech, managed accounts and cultural trends.

Access the reports

Podcasts: Between Meetings with Matt Heine

Netwealth's Matt Heine chats to industry thought leaders on the opportunities  they see for financial advisers.

Listen to the episodes

Webinars: Grow your Business IQ

Recordings from our monthly webinar series, covering a range of  topics presented by industry professionals.

Watch the presentations

 

Provider   TMD   PDS
BOQ   View TMD   Download PDS
ANZ   View TMD   Download PDS
NAB   View TMD   Download PDS