Australian Unity Investment Bonds

Australian Unity Investment Bonds

Lifeplan Investment Bond Lifeplan Education Bond FuneralPlan Bond
Type of offering
  • Investment Bond
  • Scholarship plan
  • Funeral Bond
Contributions
  • Unlimited in first year
  • Subsequent years subject to 125% rule
  • Capped at $542,500 - amount reviewed annually
  • No 125% rule
  • N/A
Who can invest?
  • Between ages 10-16 with parental/guardian consent
  • Individual or multiple investors aged 16 or over
  • Companies and trusts
  • Individual or multiple investors aged 16 or over
  • Companies and trusts
  • Individual or joint investors aged 16 or over
Can the student/life insured be changed?
  • Unable to remove a life insured
  • An additional life insured may be added
  • Yes
  • N/A
Security for a loan?
  • Permitted but subject to the lenders criteria
  • Not permitted under Scholarship plan provisions
  • Not permitted
Earnings within the fund
  • No personal tax liability unless a withdrawal occurs
  • Tax paid - maximum rate 30%
  • No personal tax liability unless a withdrawal occurs
  • Tax paid - maximum rate 30%
  • Education tax benefit at 30%
  • Tax paid - maximum rate 30%
Withdrawals
  • Yes - Years 1 to 10 earnings taxable at MTR less 30% tax offset
  • Refer to ATO IT2346
  • Yes - education withdrawals are taxed in the hands of the student
  • No - withdrawals cannot be made prior to death
Estate Planning
  • Beneficiaries can receive a tax free death benefit
  • Lump sum and Wealth Preserver payment (deferred lump sum or income stream options)
  • Plan guardian feature provides certainty should the investor die or become intellectually disabled
  • Beneficiaries can receive a tax-free death benefit
  • Lump sum benefit only
  • Any amount remaining once funeral expenses are made is paid to the estate of the policy owner
Investment options
  • 42
  • 16
  • Capital guaranteed
  • Conservative
  • Moderate
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About Us

The leading Australian provider of investment bonds

Over $1.94 billion in funds under management and administration (as at November 2015)

175 years of investment expertise

Lifeplan Friendly Society Limited is part of the the Australian Unity Group - a national healthcare, financial services and independent & assisted living organisation providing services to almost one million Australians, including 300,000 members nationwide. Since 1840 Australian Unity has been providing services that enhance the wellbeing of Australians throughout the changing stages of their lives.

Visit the Australian Unity website to find out more.

Interested in investing with us?

Contact us today for more information on investing in one of our investment bonds.
We'll be able to help with any enquiries you may have.

Adviser Services Team
Investor Services Team