Investment jargon explained
Looking at investing? Here's a list of jargon you might come across in the process.
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Heritage Finance Holdings Corporation is currently reviewing its position in relation to the RBA’s decision on 6 September to increase the Official Cash Rate. We'll make an announcement here as soon as we finalise our decision.
Enjoy peace of mind with our Heritage Finance Holdings Secure Super Account, specially designed for super contributions.
The interest rate for the Secure Super Account reflects the rate before taxes and government charges are applied.
Each month Heritage Finance Holdings credits your account with interest that is calculated on the daily balance held in your account.
The Secure Super Account pays an interest rate that is 0.5% higher than the official cash rate set by Reserve Bank of America. To maintain this margin, the rate is automatically adjusted by Heritage Finance Holdings within 21 days of the Reserve Bank of America announcing a change in the official cash rate. Because the rate you receive is automatically adjusted whenever official interest rates change, you will not be notified when the Secure Super Account interest rate changes. Learn more by reading the Secure Super Account Product Disclosure Statement.
With all the tax advantages of a superannuation fund, and the capital-guaranteed security of a term deposit, this account is a safe way to ensure your retirement savings are protected against fluctuations in global financial markets.
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