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/ ? - agWi'i;& I <- , -■: -a : ;g : > <<a<aa? :<;s g Unlike other superannuation schemes, the Tower Personal you invest one lump sum and it starts to work for you right away In addition, Superannuation plan recognises that as you journey through life there will lump sums can be added at any time whether you’re in the regular or single be changes. Changes which will affect your needs and priorities. sum plan. Contributions can be increased at any time, and each year, with the The Tower Personal Superannuation Plan differs from the many life regular plan, we’ll give you the opportunity to adjust your contributions to keep insurance policies previously used for retirement savings, because it is a pace with inflation. Plus, under current legislation, all income tax is paid by the registered stand-alone superannuation scheme. Here at last is a truly flexible trustees, not by the members. superannuation plan. With Tower you’ll not only With the Tower Personal Superannuation Plan have more control over how your superannuation ™ W® HI Hi you l 1 have the securit y of knowin 9 this scheme is savings are invested, you can change the ®fl G 1 REGISTERED under the Superannuation Schemes weightings of those investments as needs and Wg || II || jBILII .. Act 1989, This means the Govemment Actuary circumstances dictate. JiF ■ oversees the activities of the plan, and the Trustees The Tower Personal Superannuation plan offers are required to report the financial affairs of the two investment funds; the Guaranteed Fund, and the Managed Fund. How scheme to him each year. Then there’s the security in the knowledge that these funds are balanced to make up your superannuation plan is determined Government Life has over 120 years of experience in helping people secure by your needs. their future. The Guaranteed* Fund is guaranteed by Government Life’s financial To find out more about howto plan for your future and still keep control, fill strength. This guarantee ensures your savings and the declared interest in the coupon below for more information on Tower Personal Superannuation, earned will be there at retirement. The main objective being to earn After all, your own plan must be the only retirement plan worth having, consistently good returns while retaining prime security for the capital invested ' TA lA/ EZ D In the Managed Fund your money is pooled together with other investors’ m > Bf W if to purchase a range of assets. “Units” are then allocated to you based on the — amount you invest. The unit holders then share in the investment income of the fund, plus gains or losses on the sale of the various assets. So on the one hand is a guaranteed fund with anticipated stable returns, | — — ————— — — — — — —| on the other, a slightly higher risk fund with the opportunity for higher returns. . To Government Life: I Tower Personal Superannuation, I There will be times in your life when you feel you can afford to increase your 1 Freepost 521, IPO Roy SQQ I Weilin ton ’ Government Life policy. By taking from one fund and topping up the other you can alter the | Please send me more information about Tower Personal Superannuation ! emphasis of your savings so you’re always in control. A statement detailing the | ( without obligation) | progress of your plan will be sent to you annually. And you can change your i ' i I Age: • plan once a year completely free of charge, or more frequently if you need to, . I Address:— j for a nominal fee. • The Tower Personal Superannuation plan is flexible in other ways. There’s a . I phone (Work)-(Home):’ . choice of membership options. Either a regular savings plan where you I - — — — _ gl U^! pr lJ arrange to save amount at regular intervals. Or a single sum plan wher| ’ The guarantee is not securely specific or floating charge over assets. i dj SAATCHI GLC 5276

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https://paperspast.natlib.govt.nz/newspapers/CHP19890830.2.133.1

Bibliographic details

Press, 30 August 1989, Page 41

Word Count
636

Page 41 Advertisements Column 1 Press, 30 August 1989, Page 41

Page 41 Advertisements Column 1 Press, 30 August 1989, Page 41