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The investment manager informed us that the underlying investment portfolios for the following investment options were to be closed. As a result, the following investment options were terminated on 27 October 2023 and are no longer available for investment. If your customers were invested in the terminated options, we've automatically reinvested the funds into a replacement option with a similar risk/return profile.
If your customer had selected for their income payments to be deducted from any of these terminated options or future contributions to be invested into any of these terminated options, we've automatically changed the preference to the replacement investment option.
Customers who hold products which have these investment options will be notified and the changes are specified below.
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Terminated investment option |
Replacement investment option |
Products that hold this investment option |
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Future Directions Balanced |
Balanced Growth |
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Future Directions Conservative |
Conservative |
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Future Directions Growth |
High Growth |
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Future Directions High Growth |
All Growth |
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Future Directions Moderately Conservative |
Moderate Growth |
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Please refer to the current Investment Report for more information on the objective and strategy.
Important information
Where the information on this website is factual information only, it does not contain any financial product advice or make any recommendations about a financial product or service being right for you. Any advice is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the product disclosure statement and policy document for the product. Any guarantee offered in the product is only provided by Resolution Life. Any Target Market Determinations for our products can be found at resolutionlife.com.au/target-market-determinations.
Resolution Life does not make any representation or warranty as to the accuracy, reliability or completeness of material on this website nor accepts any liability or responsibility for any acts or decisions based on such information.
Resolution Life can be contacted at resolutionlife.com.au/contact-us or by calling 133 731.
