I left my details at one of the baby's expo for that group, a guy came ot to talk to us and after asking a lot of people about it and looking into some other groups it really doesn't seem that great, there are lots of hidden catches they don't tell you about unless you read the fine print and ask questions. you start by paying money into it now, and it doesn't start paying until they go to high school, in the first 4 years of high school you only get a couple of hundred dollars aback out of the couple of thousand you put in. it doesn't start to pay really until they finish school and go onto uni, but if your child donesn't do further study or they don't go through until year 12 you don't get the money and it ends up being just overf 8000 a lot of money wasted if they don't go to uni or tafe cause not all private courses and apprentiships are covered. Try the commonwealth bank they having a savings plan similar but non of the bull catches the ASG has, you can put in as much as you like and pull out when you want and if your child doesn't go through to uni or what ever you are still going to get the extra 8000 you have in there no matter what. The ASG is run by parents and has no government involvment why cause its a scam and no government organisations will touch them! 8000 a lot to gamble!
Erin, NSW, Charlie 2years, Hannah 1 year