BOQ Launches new Self Managed Super Options

Monday, 16/05/2011

BOQ has today launched BOQ Self Managed Super Options, which enables Self Managed Super Funds to pull together all of the products they need to manage their investment in one place. 

“At BOQ we understand a wide range of banking and insurance options are necessary to effectively manage a Self Managed Super Fund (SMSF) in line with your investment strategy,” said BOQ Managing Director David Liddy. 

“So we have pulled together a range of products to help SMSFs manage all their banking needs, across investment, lending, transaction and insurance needs, all in the one place. 

“We also believe that managing a SMSF shouldn't be a big effort. 

“At BOQ, our Owner-Managers will talk to SMSF trustees about the right products and services for their SMSF. And because our Owner-Managers own and run their branches, they will provide the type of personal service customers deserve and expect. 

“This approach to understanding and meeting customers’ needs with the right suite of products, backed up by our focus on exceptional service, is paying dividends with BOQ continuing to outperform our competitors across both lending and deposit growth.”


What are the options? 


Business Loan:

For SMSFs looking to borrow to invest in a single commercial or arms length residential property, they can be assured that our business loan is compliant with SIS Act requirements. 


BOQ Superannuation Savings Account:

Our new competitive on-line savings account specifically tailored for the cash component of a SMSF.  It offers a competitive on-line savings rate on accounts with at least $10,000, with funds easily accessible in branch or via internet banking.  

Premier Investment Account:
Our term deposit account that pays a competitive rate of interest, fixed for the term of the deposit.  

BOQ Trading Platform:

With the recent launch of the BOQ Trading Platform, SMSFs can now manage their share portfolio through our user friendly on-line service. 


Everyday Business Account:
This full service, cost-effective transaction account can be used to facilitate rental and loan payments for a SMSF. 


Vero Landlord Insurance:
Insurance tailored to protect residential investment property and contents. 

GIO Business Insurance:
This insurance cover is available to protect your commercial investment property. 

St Andrew’s Term Life Insurance:
Insurance that can potentially cover self managed super fund members by paying an agreed lump sum benefit in the event of death.