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LifeSaver contributions
Updated over a week ago

How do I make regular contributions to my LifeSaver account?

Existing Individual Investors:
By direct debit
We have a direct debit facility available allowing you to make regular investments into your investment fund(s). You can choose the amount you wish to invest and the frequency. Complete the Direct Debit Authority available from our website. We will deduct this amount from your account on the day indicated, until we receive instructions from you to suspend or stop your payment. Weekly and fortnightly direct debits are deducted on a Tuesday and monthly direct debits are deducted on the 15th of the month, or the next business day.

Employee Investors
Once you become a member, your employer automatically deducts your contributions from your salary or wages. Your employer forwards your contributions to us and we apply them to your LifeSaver account at the latest available unit price.

Do you have a minimum contribution?

If you're an Employee Investor you'll need to refer to your employer's supplement for minimum contribution criteria. For Individual Investors there is no minimum contribution.

Can I make lump sum contributions over and above my regular contribution?

For Individual Investors, yes you can. For Employee Investors, yes, generally you can. Please refer to your employer's supplement for more information.

Can I take a savings suspension?

For Individual Investors, yes you can. For Employee Investors, generally speaking you can take a savings suspension by making a request in writing to your employer. Please note that while you're on a savings suspension, your employer is not obliged to make employer contributions. If you have insurance as part of your employer's LifeSaver workplace superannuation scheme, a savings suspension may affect your insured benefit. Please check your employer's supplement for more information.

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