La Trobe partners with Qantas

The partnership will offer La Trobe investors 250 Qantas points for every $1,000 invested in the group’s 12 Month Term Account, which as at Friday, was earning a variable rate of 4.5 per cent per annum after fees (the rate is reviewed each month and is not guaranteed).

The Qantas rewards scheme will apply to eligible investments of $10,000 or more.

La Trobe Financial president and chief executive Greg O’Neill said the group was “thrilled” to be partnering with an iconic brand.

“We’re always looking for ways to bring more value to our 45,000 retail mum and dad investors. Our partnership with Qantas Frequent Flyer is part of that,” Mr O’Neill said.

La Trobe is a diversified wealth manager with $11 billion in assets under management. In 2017, investment giant Blackstone acquired an 80 per cent stake in the group.

La Trobe now has 400 staff across Sydney, Melbourne, Hong Kong and Shanghai.