Friendly Societies in Australia
Following is a list of friendly societies operating in Australia. Friendly societies primarily provide simple products and services such as investment bonds, funeral bonds and scholarship plans. This sector serves of over 800,000 Australians.
Australian Friendly Society, headquartered in Bendigo, provides investment bond solutions. The company is associated with Bendigo and Adelaide Bank.
Australian Scholarships Group (now Futurity Investment Group) – The biggest provider of education scholarship plans in Australia and New Zealand, with total funds under management of $1.3 billion and about 75,000 members. ASG inspired over 500,000 children to realize their potential.
Australian Unity – A national healthcare organization with approximately 1 million customers, over 7,000 employees and $21 billion in funds under management and advice.
Centuria Life Limited – One of the largest friendly societies in Australia based on funds under management (FUM).
Foresters Friendly Society – Headquartered in Melbourne Victoria, it is a community focused financial provider offering investment and insurance services to more than 80,000 members.
Generation Life (formerly Austock Life) provides tax effective investment products including Life Builder, Child Builder and Funeral bond.
KeyInvest Ltd offers funeral and investment bonds, retirement solutions as well as lending and insurance services.
NobleOak Life – One of the oldest life insurers in Australia, with a customer satisfaction rating of 96%.
Sureplan Friendly Society – an Australian-owned funeral fund manager providing low cost funeral insurance and funeral bond services.
IOOF Limited
Lifeplan Australia Friendly Society Ltd
Newcastle Friendly Society Limited
Over Fifty Guardian Friendly Society Ltd