A straight-forward strategy to assist children and grandchildren with a first home deposit by parents, grandparents or other persons is to invest a single lump sum contribution (e.g. $5,000) in an Insurance Bond the investments objective is for long-term accumulation for a dedicated purpose and the Bond vesting for a nominated child at a particular […]
insurance bond
Austock Life is a leading and specialist issuer of insurance bonds investments. Its flagship Imputation Bond (including ChildBuilder) offers a master fund-like menu of over 33 Investment Options constructed under an insurance bond “tax-paid” and “tax-free” distributing structure.