The Offer: Virgin Super will waive the Administration Fees for Virgin Super Plus members who are on maternity/paternity leave for a period of up to 12 months per child.
To be eligible to receive the offer, the applicant must:
Be a Virgin Super Plus member (either new or existing);
Be on or about to go on maternity/paternity leave from their employer or self employment
Complete and submit a Baby Break Application Form; and
Provide a letter from the employer on company letterhead, including the following details:
HR/Finance contact name, address, telephone number and email address;
Maternity/Paternity leave start and end dates that correlate to the dates on the member’s Baby Break Application form.
If self employed, a letter on company letterhead detailing;
Company name, address, ABN; and
Maternity/Paternity leave start and end dates that correlate to the dates on the member’s Baby Break Application Form
Only Administration Fee as defined in the current Virgin Super Product Disclosure Statement are waived under the offer.
Activity Fees, Investment Management Fees and Insurance premiums are excluded from the offer and will continue as normal.
Following completion of maternity/paternity leave or 12 months (which ever is less), the Administration Fees will recommence as per the current Virgin Super Product Disclosure Statement.
The offer only applies to maternity or paternity leave (either paid or unpaid) from an employer, including same sex couples for a period of 12 months or less.
No more than one application per child will be considered.
The period to which the offer applies:
Concludes no more than 12 months after the baby has first arrived;
Will not be greater than 12 months per child; and
Must be declared on the Baby Break Application Form and confirmed in writing by the Member’s employer.
If the period you apply for is less than 12 months and you later decide to extend your leave period, please complete another Baby Break Application Form and we will extend the offer up to the maximum of 12 months.
Should a member in receipt of the offer cease to be on maternity/paternity leave prior to the date shown on the Baby Break Application form, they must notify Virgin Money immediately.
Please allow 14 business days for Virgin Super to receive, process and accept the Baby Break Application Form and the Employer confirmation letter.
Applications can not be back dated and are not valid until processed and accepted by Virgin Super.
Virgin Super may contact the employer nominated on the Baby Break Application Form during the period of the offer. If the contact, name, and/or leave periods details can not be confirmed or are no longer valid, the offer may be withdrawn immediately.
Virgin Super reserves the right to amend, vary or withdraw this offer at any time without notice.
Other than is required under consumer protection law, under no circumstances will Virgin Money Financial Services Pty Limited and its related companies be liable for any loss or damage caused directly or indirectly by a user's reliance on information provided.