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Rolling Term Deposits
A specialist service for financial planners, wealth managers and investors with multiple term deposits, designed to minimize management while delivering superior returns.
Key features
- Term deposits available from one month to 60 months, at call rates also available
- Choose from major Australian banks, regional banks or other ADIs
- Invest at any time, common monthly maturity date (15th of the month)
- Government guaranteed up to $1m until October 2011
- Deliver instructions and access consolidated reporting via secure online portal
- FIIG Securities will assist with account set up and AML formalities
- Interest paid or compounded
- Option to redeem prior to maturity, subject to the chosen ADI's standard terms
- Rates negotiated by FIIG for each new term
Benefits
| Benefits | Why? |
|---|---|
| Effective cash management | Streamlined solution for cash investments offering competitive rates negotiated for financial planners |
| Low micromanagement | Common maturity date enables a consolidated approach to client deposits while capturing competitive rates |
| Low maintenance | FIIG will provide assistance with account opening and AML requirements |
| Consistently competitive rates | FIIG negotiates rates securing competitive returns |
| Direct ownership | Clients invest funds directly with the ADI of their choice, the service does not 'pool' client funds. |