We are introducing a series of changes and enhancements to FirstChoice in our new Product Disclosure Statements (PDSs) available from 19 May 2014.
One of the key enhancements is the addition of new First Rate Term Deposits options to the investment menu. These include 2, 3, 5, 7, 10 and 15 year term deposit options with flexible interest payment options, including monthly and annual interest. You can also elect to compound interest annually for term deposits held in your FirstChoice Pension and FirstChoice Wholesale Pension accounts.
The new FirstRate Term Deposit choices have been included in the new FirstChoice and FirstChoice Wholesale PDSs dated 19 May, however, they will only be available for investment from 10 June 2014.
Interest rates for these options will be available on our website from 10 June 2014.
Colonial First State Investments Limited ABN 98 002 348 352, AFS Licence 232468 (Colonial First State) is the issuer of super, pension and investment products. This document may include general advice but does not take into account your individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) carefully and assess whether the information is appropriate for you and consider talking to a financial adviser before making an investment decision. A PDS for Colonial First State’s products are available at colonialfirststate.com.au or by calling us on 13 13 36.