The Defence Bank has launched a new product designed for members in either the accumulation or the retirement stage of life.
Defence
Bank Super is a "Tier 1" product, meaning members can get information
about it from one of the Defence Bank's retail investment team.
"We
are excited by this initiative. It will build on the strong rapport we have
with our members. We have seen already keen interest in the product, with the
initial feedback from our members being extremely positive," Defence Bank
chief executive Jon Linehan said.
"Our
aim is to provide a total package with members having five investment options,
from term deposits to a growth option, as well as having access to life, total
and permanent disability and income protection insurance. "
The
establishment of Defence Bank Super follows the successful launch and
consistent growth of the Defence Bank's Super Assured Retirement Savings
Account (RSA), (with term deposits and no fees.
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