Centuria’s Investment Bonds hit the mark

Co-founder of the Switzer Report
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I have been a big fan of investment bonds (also called insurance bonds), particularly as a way to save for children or grandchildren. But the Government’s decision to cap super balances and restrict super contributions means that they are now a realistic alternative for investors outside of super to accumulate long term wealth.

To this end, one of the four main investment bond issuers, Centuria Life, has executed a major product refresh. Under the name Centuria LifeGoals, the investment bond offers the choice of a very impressive set of investment managers, both active and index, a lower minimum investment size of just $500, and a streamlined fee structure.

Centuria Life is an APRA regulated life insurance company, part of the ASX listed Centuria Capital Group (ASX: CNI). Other issuers of investment bonds include AMP, CommInsure and IOOF.

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