Adviser Area

The term deposit service called Rolling Term Deposits is designed specifically for financial planners. The service will minimise your administration of multiple client term deposit investments while ensuring your clients receive market or better interest rates.

FIIG has over $5 billion of term deposits under care which provides us with access to very competitive rates for most investment terms direct from the Banks' treasury offices.

From time to time banks will offer "blackboard" or special rates for selected terms. While FIIG will not always be able to match these short-term offers (sometimes offered at the discretion of the branch manager) their rates will remain competitive across the entire interest rate curve ensuring investors are not encouraged to select an inconvenient or inappropriate term just to access a competitive rate.  

Click here to register online for this service.

Features and benefits of the service include:

• Rates available from up to 14 major and regional banks (FIIG rates each of the banks on the basis of ease of administrative formalities, competitive rates and quality of service and we can assist with selection of a "best performers" list, if required)
• Government guarantee on deposits to $1m until October 2011
• Invest on any date, optional common maturity date available
• Investment terms from 1 month to five years.
• On line functionality enables you to issue rollover/withdrawal/change of interest and other instructions using your own log-in to My FIIG .
• No aggregation of client funds; funds remain in individual client accounts.
• We assist you with Anti-Money Laundering legislation formalities at the time you set up each client in the service. Information is stored.
• Funds pass directly from your clients' accounts to the chosen banks and are repaid directly to your clients' accounts. There is no requirement for your clients to open additional receiving accounts with one specific bank.

• Several of the approved banks offer Direct Debit facilities obviating the need for your client to execute transfers if funds are being moved to another bank.
• No fees for utilising the service, FIIG is paid directly by the banks.
• Data feeds to IRESS and others.
• FIIG will assist planners looking to use the service with face to face meetings or on-line learning tutorials.
• FIIG's Term Deposit team of eight professionals is on hand to assist you.
• Your clients can invest as little as $20,000 (but please note not all of the banks will accept amounts as small as $20,000).

FIIG Securities Limited is Australia's largest fixed income and term deposit broker. FIIG has more than 85 employees with offices in Melbourne, Sydney and Brisbane and is not aligned with any other financial institution.

To book your tutorial or to request more information on the service please contact FIIG Planner Services on 1300 planners (752663) on FIIG's Term Deposit team on 1300 deposit (337674).