MyMoney Service For MyGiving
MyMoney collects all commissions on your financial products and pays them, at your direction, to MyGiving.
MyGiving disperses the funds to the Charity(s) you have nominated
100% of the amount you nominate, goes to the Charity(s) that you direct!
Here's how MyMoney will allow you to help MyGiving and your Charity, and provide you a financial benefit from money you did not previously have.
By nominating MyMoney as your financial broker we will:
- Collect all trail and renewal commissions on your investments and insurance policies you nominate;
- Pay them, at your direction, to MyGiving and/or direct to your nominated bank account. All payments are made monthly;
- Ensure that all existing entry fees (between 0 and 5%) applying to your investments and superannuation accounts are reduced to NIL. This ensures that 100% of any future contributions to your investments or super are working for you;
- Provide you secure on-line access to monitor your transactions and donations made on your MyMoney account;
- Provide a monthly activity statement showing all commission transactions on your investments and donations made;
- Provide an official receipt for purposes of Tax Deductability
We are able to collect commissions on all of these financial products:
- Managed Investment funds
- Cash Management Funds
- Superannuation or Pension funds
- Life Insurance & Trauma Insurance
- Margin loans
By signing up with the MyMoney and MyGiving service your investment and insurance products do not alter, you remain in total control and with 100% ownership and there are no new products to purchase. You will continue to deal with these products as you did previously. The only change is the nomination of the financial broker so that we can collect the commission.
Why Use MyMoney?
- You are supporting worthy charities.
- Donations come from money you otherwise are not entitled to.
- Nothing comes out of your pocket.
- MyGiving have the right to audit the operations of MyMoney
- We pay each and every month to MyGiving and/or direct to your bank account based on the donation level you select;
- We cover all fund managers and insurance products;
- You do not have to buy any new products.
- There is no joining or upfront fee;
- We do charge a low administration fee to operate the service which comes out of the commissions received, nothing from your pocket. See Our Fees
- Consolidate financial products into one MyMoney account to maximise your refund;
- Secure access to your information, view all information, transactions and donations on your account.
MyMoney is a NON-ADVISORY SERVICE. WE do not provide financial planning advice nor strategic advice. This service is run principally to support the operations of MyGiving.