About North
Article last updated: 20/05/09
North is AXA’s innovative solution for superannuation, pension, and ordinary money investors providing access to three unique guarantee options:
- Protected Growth guarantee
- Protected Investment guarantee.
- Protected Retirement guarantee.
About North in general
- Available for superannuation, pension or ordinary money investors
- Choice of over 100 underlying investments (over 40 with a guarantee)
- Flexible and open-ended which allows contributions and withdrawals
- Transition to retirement pensions available
About the Protected Growth guarantee
The Protected Growth guarantee option (available over 10 and 20 year terms) guarantees to return all initial capital, all contributions, plus will lock in any growth as a result of positive investment performance each year, provided your Account Value exceeds your Protected Balance on your Guarantee anniversary date.
About the Protected Investment guarantee
The Protected Investment guarantee option (available over 6 and 8 year terms) guarantees to return all initial capital, all contributions, plus will lock in any growth as a result of positive investment performance every two years, provided your Account Value exceeds your Protected Balance on your Guarantee anniversary date.
About the Protected Retirement guarantee
The Protected Retirement guarantee allows you to remain fully invested in the assets of your choice while still providing the security of a guaranteed retirement income for life. Your Income Benefit is guaranteed for life even if you run out of your own funds while in retirement.
Furthermore, each year we will lock in any growth as a result of positive investment performance on your Account Value, provided your Account Value is greater than your Income Base on your Guarantee anniversary date.
About North Online
- real time, straight-through applications and processing
- Available 24/7
- allows you to access your North account, complete transactions and receive correspondence from AXA North
