How InvestmentPlan works
When you join InvestmentPlan a central cash account is set up in your name. You will have online access to this account.
You can make regular or lump sum payments into this account, which can be linked to your bank account. You can set up regular, automatic withdrawals from your cash account of at least $100, or make one-off withdrawals of $1000 or more at any time.
Your savings grow in your cash account as you earn interest on the balance and you pay no fees on this account, including withdrawals.
The balance of your cash account can then be used to buy and sell investments through InvestmentPlan's managed funds. InvestmentPlan offers a choice of 8 investment portfolios suitable for different types of investors.
You can choose for the income from these investments to be returned to your cash account, paid to your bank account, or re-invested in one of the other portfolios offered within InvestmentPlan.
You can make lump sum or regular contributions to InvestmentPlan, buy and sell units in underlying portfolios within your client account and arrange regular or one-off withdrawals.
More information
InvestmentPlan IDPS Guide, PDS and Agreement & Contribution form (1.15mb)
To obtain a copy from Telstra Super Financial Planning please call 1300 033 166.