Australian Friendly Society – Funeral Bonds

 

Following its formation in 1969 and in the years since, the Australian Friendly Society (AFS)
has focussed on endeavouring to achieve strong returns for its members whilst striving for excellence in service.

Taking care of your funeral costs can remove financial concerns for your family and friends at a difficult time.
The Bendigo Funeral Bond offered by the Australian Friendly Society is a capital-guaranteed savings and investment plan that solely accumulates funds
to meet the cost of your funeral expenses.

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Pension Changes

 

On 1 January 2017 the Australian Government implemented changes to the assets test used to calculate pensions.

Investments of up to $13,000 (current threshold for the 2018-19 financial year) in a funeral bond such as the Bendigo Funeral Bond, are exempt from Centrelink and the Department of Veterans’ Affairs income and assets tests. For more information on the changes to the pension assets test, please contact Centrelink, Department of Veterans Affairs or your Financial Adviser.

Financial Adviser

 

The Bendigo Funeral Bond has received an ‘Approved’ rating from Lonsec.*
An ‘Approved’ rating means the structure provides an adequate means for investors to gain exposure to the underlying investments. Lonsec believes “the Bendigo Funeral Bond has a suitable structure to meet the product objectives”.
Financial Advisers are able to view the report below by registering through the Financial Advisers login and then logging into their account.

*(External research house – Terms and Conditions apply and can only be accessed by Financial Advisers.)

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Applying for a Bendigo Funeral Bond

 

You can start your application online now!  It should only take approximately 10 minutes.
This application form accompanies the Bendigo Funeral Bond Disclosure Document.

By completing your details you agree that we may contact you to help you progress your application.