Term Deposits
-
Term Deposits
- Investing in a term deposit option on behalf of your clients is an easy process which is outlined below.
- Process for members of Acclaim Super & Pension, Acclaim Invest and AMG Personal Super & Pension
- To invest in a term deposit your client must have the available funds in their cash management account (CMA).
- Term deposit applications must be received before 12pm AEST to receive the current day’s interest rate. Applications received after 12pm AEST will receive the rate for the next business day.
- If you do not already have a CMA set up within your Acclaim account we will automatically establish one for you when we receive your term deposit application. This process takes two business days to complete. Therefore you will receive the interest rate applicable two business days from the date you submit your application.
- At maturity the principal and interest amounts will automatically be deposited back into the CMA.
- The full list of term deposit options and Product Disclosure Statements (PDSs) are available by clicking the relevant link below. Before you make any decision in relation to a term deposit you and your client should read the relevant PDS.
- Process for members of Freedom of Choice Super & Pension
- To invest in a term deposit members must have the available funds in their Cash Account.
- Term deposit applications must be received before 12pm AEST to receive the current day’s interest rate. Applications received after 12pm AEST will receive the rate for the next business day.
- Term deposit providers may impose minimum investment amounts.
- At maturity principal and interest amounts will automatically be deposited back into members Cash Accounts.
- The full list of term deposit options and Product Disclosure Statements (PDSs) are available by clicking the relevant link below. Before you make any decision in relation to a term deposit, members should read the relevant PDS.
- How to establish a term deposit
- To view the list of term deposit providers and available rates simply click on the relevant link below.
- Enter the amount you wish to invest on behalf of your client and click search.
- Once you determine which term deposit you wish to select:
- Advisers, please place your selection through Acclaim Online. You can view the Acclaim Online Term Deposit Instructions here.
- Members, please complete the relevant Investment Switch form located here.
- Term deposit rates
- Acclaim Super & Pension
- Acclaim Invest
- AMG Personal Super & Pension
- Freedom of Choice Personal Super & Pension
Technology that puts the power back in your hands
Our innovative platform combines the flexibility and benefits of individual investment ownership with the efficiencies and comprehensive reporting of a platform experience.
