Term Deposit...............................................................................................................................11

 Transaction fees apply.  [Centrelink recipient] The income on your cash-based investment will be deemed for Centrelink purposes.  Cash investments are not capital guaranteed. Please refer to the Product Disclosure Statement for further information.

5. Consolidate Cash

We recommend that you consolidate your cash accounts into a <Name of recommended account>. This will require you to redirect cash from other accounts as follows:  <Itemise each account that is to be transferred over or, the specific $ amount to be transferred. Eg, $X from your everyday bank account>.  <Outline any cash account balances to be left behind and why>.

Benefits:

 [Fee reduction] Streamlining your accounts will reduce fees by $X p.a.  You will spend less time administering your various cash accounts.  You will be better able to track your expenditure and savings with less accounts.

Points to Consider:

 Transaction fees may apply.  You will no longer have access to web-based transacting / cheque book facilities / account-linking / custom reporting.  Investing in cash will potentially provide lower returns than growth investments such as shares and property.  [Centrelink recipient] The income on your cash-based investment will be deemed for Centrelink purposes.  Cash investments are not capital guaranteed. Please refer to the Product Disclosure Statement for further information.