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Rebate Offer
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4.0% (100%)
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Minimum Initial Investment
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$1,000
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Expected Close Date
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Ongoing
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| Product Disclosure Statement |  Download Product Disclosure Statement (PDS) |  Request Product Disclosure Statement (PDS) |
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Lifeplan NextGen Investments allows you to invest for yourself or for your children in a simple and tax effective manner. Start investing with Lifeplan with little as $1,000 to access 50 investment options from 11 fund managers. Lifeplan NextGen Investments provides access to investment options managed by:
- AMP Capital Investors
- BT Investment Management
- Colonial First State Investments
- Investors Mutual
- OnePath (formerly ING) Funds Mangement
- MLC Investments
- OptiMix
- Perpetual Investment Management
- UBS Global Asset Management (Australia)
- Vanguard Investments Australia
Your investment income is taxed at the corporate rate of 30% and while you remain fully invested, your investment does not increase or add to your personal tax in the following ways:
- Annual tax returns and tax payment obligations
- Pay as you go (PAYG) tax instalments
- Capital gains tax
- Medicare Levy and surcharge
- Tax File Number withholding tax deductions
- Non-resident withholding tax deductions
There are two ways you can invest in Lifeplan NextGen:
- As an individual, company or trust; or
- Parents, grandparents, other family friends or friends may wish to provide for a child's future using NextGen Child.
Lifeplan NextGen Investments has a Patent Pending on the NextGen Wealth Preserver feature which may be activated for one or all of your nominated beneficaries. NextGen Wealth Preserver is a unique and highly flexible way to leave money to your nominated beneficiaries after your death. It allows you to control the benefit paid to each beneficiary as well as the start date of benefit payments.
Importantly, you can choose to have the benefits paid at regular intervals instead of a lump sum in the event of your death. Money invested in a NextGen Preserver continues to enjoy the same tax treatment as other Lifeplan NextGen Investments. For more information please download and read "How the NextGen Wealth Preserver works"
Lifeplan NextGen Investments also has the NextGen Child feature, a child's advancement policy designed to accept investments of behalf of children. You retain full ownership of the investment until the child reaches a specified age with the key benefit being that the transfer of ownership does not reset the 10 year tax advantages.
Product Update
1 November 2010 - Six investment options will be closed to new investors and will no longer be available under the current PDS:
- AMP Capital Conservative
- AMP Capital Balanced Growth
- BT Conservative Outlook
- MLC Australian Share
- Perpetual Property Securities
- Perpetual Ethical SRI
Please note, these investment options will continue to accept contributions from existing investors.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 4.0% entry fee on investments in the Lifeplan NextGen Investments as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.4% pa. This is paid by the fund manager and is NOT an additional charge to the investor. |
| Download Product Disclosure Statement (PDS) | | Request Product Disclosure Statement (PDS) |
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