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FirstWrap Plus Super and Pension Part

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					Super and Pension




Part 2 – Other Information




Part 2 – Other Information
Issued by Avanteos Investments Limited ABN 20 096 259 979 ASFL 245531
About this document                                                                          Important information about FirstWrap Plus Super and Pension
This document, Part 2 – Other Information has been issued by Avanteos                        FirstWrap Plus Super and Pension is part of The Avanteos Superannuation
Investments Limited (AIL) in connection with the Product Disclosure Statement                Trust (the Fund). The Fund is maintained as a complying superannuation fund
(PDS) for FirstWrap Plus Super and Pension, dated 28 March 2011. In this                     (ABN 38 876 896 681, Registration R1056594).
document any reference to ‘the PDS’ is to Part 1 – Key Information, and the                  FirstWrap Plus Super and Pension provides an allocated pension (also referred to as
information contained in this Part 2, the Investments List, the LifeProtect                  an account-based pension), a transition to retirement (non-commutable) pension
Insurance brochure and any supplementary PDS issued. You should read the PDS                 (also referred to as a retirement income stream) and a term allocated pension.
before making a decision to invest.
In accordance with the Corporations Regulations, the contents of this document               Further information and advice about
are taken to be included in the PDS.                                                         FirstWrap Plus Super and Pension
Interests in FirstWrap Plus Super and Pension are offered by AIL                             You acknowledge, if your application to become a member of the Service
ABN 20 096 259 979 Australian Financial Services Licence (AFSL) 245531                       is accepted, your membership will be subject to the terms of the trust deed
(referred to in this document as ‘we’, ‘us’, ‘our’ or ‘the Trustee’).                        governing the Service (the Trust Deed) and the PDS as amended from time to
AIL is ultimately a subsidiary of Commonwealth Bank of Australia                             time. The PDS contains important declarations which must be made by you if
ABN 48 123 123 124. Commonwealth Bank of Australia and its subsidiaries                      you invest in FirstWrap Plus Super and Pension.
(including the Colonial First State Group*) do not guarantee the performance                 If you require further information about FirstWrap Plus Super and Pension,
of FirstWrap Plus Super and Pension, or the repayment of capital by the Trustee.             including a copy of the Trust Deed, you can obtain it by contacting us.
Investments in FirstWrap Plus Super and Pension are not deposits or other                    Our contact details appear on page 1 of this document.
liabilities of Commonwealth Bank of Australia or its subsidiaries, and investment-
                                                                                             If you require advice about this product, you should seek advice from an adviser
type products are subject to investment risk including loss of income and
                                                                                             or an authorised representative.
capital invested.
Apart from AIL (and subject to the next paragraph below), neither Commonwealth               The Trustee
Bank of Australia nor its subsidiaries are responsible for any statement or
                                                                                             The Trustee of The Avanteos Superannuation Trust is AIL (ABN 20 096 259 979)
information contained in the PDS.
                                                                                             (Trustee) (RSE Licence L0002691).
The Colonial First State Group* has given and not withdrawn its consent to be
                                                                                             The Trustee is responsible for all matters concerning the management, operation
named in the PDS in the form and context in which it is named.
                                                                                             and administration of FirstWrap Plus Super and Pension, including compliance
An interest in FirstWrap Plus Super and Pension cannot be issued to you unless               with applicable legislation.
you use the application forms accompanying the PDS. An electronic copy of this
                                                                                             The Trustee was appointed trustee pursuant to the Trust Deed which governs
document, Part 1 – Key Information (and any supplementary documents) can be
                                                                                             the Fund and holds an RSE licence issued by the Australian Prudential
obtained free of charge by contacting 1300 769 619 or by contacting your adviser.
                                                                                             Regulation Authority.
The offer made in the PDS is available only to persons receiving the PDS within
                                                                                             The Trustee has an AFSL (number 245531) issued by the Australian Securities and
Australia and signing the application form in Australia. It does not constitute
                                                                                             Investments Commission (ASIC). The licence, among other things, authorises the
an offer in any other country or jurisdiction. All references to ‘investor’, ‘member’,
                                                                                             Trustee to issue, apply, vary and dispose of interests in FirstWrap Plus Super and
and ‘client’ are references to you.
                                                                                             Pension. The Trustee does not give advice in relation to investments in FirstWrap
The information in the PDS is general information only and does not take into                Plus Super and Pension.
account your individual objectives, financial situation or needs. You should assess
                                                                                             The Trustee markets FirstWrap Plus Super and Pension to investors through AFSL
whether the information is appropriate for you and talk to your adviser before
                                                                                             holders (approved dealers) and their authorised representatives, who arrange
making any investment decision.
                                                                                             for the Trustee to issue interests in FirstWrap Plus Super and Pension to investors.
We may replace the PDS or issue a supplementary PDS from time to time.                       A list of approved dealers is available from us. Your approved dealer is referred to
However, some or all of the information in any replacement document, PDS or                  in the PDS as your ‘adviser’.
supplementary PDS issued after the date on which you join FirstWrap Plus Super
and Pension will not necessarily apply to you.
Information contained or referred to in the PDS may change from time to time.
You can obtain updated information by asking your adviser or contacting us on
1300 769 619. You can also ask for a free paper copy of the updated information.
If the change to the information is materially adverse, we will reissue the PDS or
issue a supplementary PDS, and notify you as required by law. You should note
that unless FirstWrap Plus Super and Pension is suspended, restricted or unavailable
you may withdraw from FirstWrap Plus Super and Pension in accordance with our
normal processes if we make a change which you do not like.
If any provision in any part of the PDS is found to be invalid or unenforceable
under the law, it is excluded so it does not in any way affect the validity or
enforceability of the remaining parts.




* A reference to the Colonial First State Group in the document is a reference to AIL trading as Colonial First State Custom Solutions and Colonial First State Investments Limited
  ABN 98 002 348 352 AFSL 232468 (including the licensed related entities of Colonial First State Investments Limited to which it has delegated investment management or
  administration functions solely in respect of the assets in which it invests).
                                                                                                                                                                                                                                                                                                                                                                     Part 2 – Other Information   1


Section   Information                                                                                                                                                                                                                                                                                                                                                                   Page




1         Account management
          Establishing and transacting on your account.
                                                                                                                                                                                                                                                                                                                                                                                           2


2         Investment options
          Information about your investment options.
                                                                                                                                                                                                                                                                                                                                                                                           8


3         Superannuation, taxation and insurance
          Information on superannuation: who can contribute, types of contributions, withdrawals,
          binding and non-binding death nominations and superannuation tax and regulatory information.
                                                                                                                                                                                                                                                                                                                                                                                         19

          Also includes details about applying for insurance within your superannuation account.



4         Pension
          Information on pensions: who can invest, and types of pensions.
                                                                                                                                                                                                                                                                                                                                                                                        28




Guide to using the FirstWrap Plus Super and Pension PDS
The PDS for FirstWrap Plus Super and Pension is made up of Part 1 – Key Information, and the information
contained in Part 2 – Other Information (this document), the Investments List and the LifeProtect
Insurance brochure.
 Part 1 – contains key information                                                      Part 2 – contains important                                                         Investments List – contains                                                                                                                         LifeProtect Insurance brochure –
                                                                                        information on account management                                                   information on available investments                                                                                                                contains information about insurance
                                                                                        and super and pension products                                                      and diversification limits

                    Super and Pension
                                                                                                                                                                                                                                                                            Investment lists - February 2011

                   Part 1 – Key Infor
                                     mation                                                                                                                                         Fund name                                                            APIR code
                                                                                                                                                                                                                                                                        Investment
                                                                                                                                                                                                                                                                       cost (% p.a.)**
                                                                                                                                                                                                                                                                                         Rebate
                                                                                                                                                                                                                                                                                         (% p.a.)
                                                                                                                                                                                                                                                                                                        Distribution
                                                                                                                                                                                                                                                                                                         frequency
                                                                                                                                                                                                                                                                                                                       IDPS
                                                                                                                                                                                                                                                                                                                        only
                                                                                                                                                                                                                                                                                                                                        LifeProtect Insurance
                                                                                                    Super and Pension
                                                                                                                                                                                    Cash
                                                                                                                                                                                     Diversification Limit^ 100%
                                                                                                                                                                                    Aberdeen Cash Enhanced                                              CSA0029AU           0.31                          Monthly
                                                                                                                                                                                    BWA Cash Management Trust IDPS                                      BWA0002AU           0.02                          Monthly
                                                                                                                                                                                                                                                                                                                                        LifeProtect Insurance Brochure
                                                                                                                                                                                    CFS FC W Inv-CFS Wholesale Cash                                     FSF0075AU           0.41                          Monthly                       Dated: 1 July 2010
                                                                                                                                                                                    CFS FC W Inv-FirstRate Wholesale Saver                              FSF1008AU           N/A                           Monthly
                                                                                                                                                                                    Perennial Cash Enhanced Wholesale Trust                             IOF0047AU           0.41                         Quarterly
                                                                                                                                                                                    UBS Cash                                                            SBC0811AU           0.22                          Monthly
                                                                                                                                                                                    Australian Fixed Interest
                                                                                                                                                                                     Diversification Limit^ 100%
                                                                                                                                                                                    Aberdeen Australian Fixed Income                                    CRS0004AU           0.46                         Quarterly
                                                                                                                                                                                    AMP Capital Corporate Bond A                                        AMP0557AU           0.61                          Monthly
                                                                                                                                                                                    AUI Vianova Strategic Fixed Int Whls                                AUS0009AU           0.70                         Quarterly
                                                                                                                                                                                    Aviva Investors Prof Premier Fxd Income                             PPL0114AU           0.48                         Quarterly
                                                                                                                                                                                    CFS FC W Inv-CFS W Australian Bond                                  FSF0027AU           0.46           0.04          Quarterly
                                                                                                                                                                                    CFS FC W Inv-FirstChoice W Fixed Int                                FSF0488AU           0.77                         Quarterly
                                                                                                                                                                                    Challenger GIF 6.75 cents pa 30 Jun 2012                            HOW0058AU           N/A                           Monthly
                                                                                                                                                                                    Challenger GIF 7.10 cents pa 30 Jun 2013                            HOW0054AU           N/A                           Monthly
                                                                                                                                                                                    Challenger GIF 7.30 cents pa 30 Jun 2015                            HOW0055AU           N/A                           Monthly
             Product Disclosur
                              e Statement
            Part 1 – Key Information                                                                                                                                                Goldman Sachs Core Plus Aus Fxd Inc-Ord                             JBW0038AU           0.79                         Quarterly
            FirstWrap Plus                                                                                                                                                          Macquarie Income Opportunities                                      MAQ0277AU           0.49                          Monthly
                           Super and Pension SPIN AIL0003AU
            Dated                                                                                                                                                                   Perennial Tactical Income Trust                                     IOF0145AU           0.45                         Quarterly
                        28 March 2011
            Issued by   Avanteos Investments                                                                                                                                        Perpetual Wholesale Diversified Income                              PER0260AU           0.70                         Quarterly

                                                                                                    Part 2 – Other Information
                                             Limited ABN 20                                                                                                                         Schroder Fixed Income                                               SCH0028AU           0.50                         Quarterly
                                                            096 259 979   AFSL 245531
                                                                                                                                                                                    Tyndall Australian Bond                                             TYN0104AU           0.45                         HalfYearly
                                                                                                                                                                                    UBS Australian Bond                                                 SBC0813AU           0.40                         Quarterly
                                                                                                                                                                                    Vanguard Australian Fixed Interest Index                            VAN0001AU           0.29                         Quarterly
                                                                                                                                                                                    International Fixed Interest
                                                                                                                                                                                     Diversification Limit^ 100%
                                                                                                                                                                                    CFS FC W Inv-CFS W Diversified Fixed Int                            FSF0039AU           0.56           0.04          Quarterly
                                                                                                                                                                                    ING Wholesale Diversified Fixed Int Tr                              ANZ0212AU           0.55                         Quarterly
                                                                                                                                                                                    Legg Mason Global Multi Sector Bond Tr A                            SSB0012AU           0.70                         HalfYearly
                                                                                                                                                                                    Macquarie Master - Diversified Fixed Int                            MAQ0274AU           0.62                         Quarterly
                                                                                                                                                                                    PIMCO EQT Wholesale Global Bond                                     ETL0018AU           0.49                         Quarterly
                                                                                                                                                                                    PIMCO EQT WS Diversified Fixed Interest                             ETL0016AU           0.57                         Quarterly

                                                                                                    Part 2 – Other Information                                                      UBS Diversified Fixed Income                                        SBC0007AU           0.42                         Quarterly
                                                                                                    Issued by Avanteos Investments Limited ABN 20 096 259 979 ASFL 245531           van Eyk Blueprint Diversified Income                                MAQ0599AU           0.92                         Quarterly
                                                                                                                                                                                    Vanguard Int Fixed Interest Index Hdgd                              VAN0103AU           0.34                         Quarterly
                                                                                                                                                                                    Short Duration High Yield
                                                                                                                                                                                     Diversification Limit^ 50%
                                                                                                                                                                                                                                                                                                                                        Issued by Avanteos Investments
                                                                                                                                                                                    Acadian Quant Yield - Class A                                       FSF0973AU           0.48                         Quarterly                      Limited (Trustee)
                                                                                                                                                                                    Bentham Wholesale Global Income                                     CSA0038AU           0.72                          Monthly                       ABN 20 096 259 979
                                                                                                                                                                                    Bentham Wholesale Syndicated Loan                                   CSA0046AU           0.84                          Monthly                       AFS Licence No. 245531
                                                                                                                                                                                    CFS FC W Inv-CFS W Enhanced Yield                                   FSF0694AU           0.53           0.04          Quarterly                      Locked Bag 3460
                                                                                                                                                                                                                                                                                                                                        GPO Melbourne VIC 3001
                                                                                                                                                                                    CFS Wholesale Global Credit Income                                  FSF0084AU           0.63           0.04           Monthly
                                                                                                                                                                                                                                                                                                                                        Phone 1800 113 116
                                                                                                                                                                                    Goldman Sachs Enhanced Income Wholesale                             JBW0018AU           0.78                         Quarterly
                                                                                                                                                                                    Goldman Sachs Income Plus Wholesale                                 JBW0016AU           0.83                         Quarterly

                                                                                                                                                                                    STC 3901              Avanteos Investments Limited Trustee ABN 20 096 259 979 Fund ABN 38 876 896 681 AFSL 245531                  1 of 9




                                                                                        Available online at:                                                                Available online at:                                                                                                                                Available online at:
                                                                                        colonialfirststate.com.au/firstwrap/                                                colonialfirststate.com.au/firstwrap/                                                                                                                colonialfirststate.com.au/firstwrap/
                                                                                        investors or by calling 1300 769 619                                                investors or by calling 1300 769 619                                                                                                                investors or by calling 1300 769 619




Trustee                                                                                 Trustee contact details
Avanteos Investments Limited                                                            FirstWrap
ABN         20 096 259 979                                                              Locked Bag 3460
AFSL        245531                                                                      GPO Melbourne VIC 3001
RSE Licence L0002691                                                                    Telephone                           1300 769 619
                                                                                        Facsimile                           03 9804 0398
                                                                                        Email                               firstwrap@colonialfirststate.com.au
2   Part 2 – Other Information




    1 Account management


    How your account operates
    Whether you prefer the internet, telephone, email or fax, managing your superannuation is easy.
    To make it easy for you to keep up-to-date with your investment, we provide you with a number of options:
    Internet           colonialfirststate.com.au/firstwrap
    Telephone          1300 769 619
    Email              firstwrap@colonialfirststate.com.au
    Fax                (03) 9804 0398
    Once your application is accepted, we will establish an account in FirstWrap Plus Super and Pension in your name.




                                                                                 Member account
                                                                                                                          Managed fund A
                                  Your contributions                                          Buy and sell
                                                                                              investments                 Managed fund B
                                                                  Cash
          You                    Payments of benefits            account                                                  Listed security A
                                                                                         Investment earnings
                             including pension payments                                     and dividends                 Listed security B

                                        Fees, charges, adviser payments, insurance premiums and taxes



    Your cash account                                                      How your member account is valued
    Your cash account holds your contributions until investment            The value of your member account is:
    instructions have been received and the investments you                W the value of your cash account
    choose have been purchased. The balance in your cash
                                                                           W plus the value of the underlying investments (at the relevant
    account earns interest calculated on your average daily holding,
                                                                             sale, redemption or market price)
    at the declared rate (which varies from time to time). Interest
    is distributed monthly.                                                W less any fees, taxes, charges, adviser payments or insurance
                                                                             premiums that are payable.
    Your cash account is the central transaction hub of your FirstWrap
    Plus Super and Pension account. It is used to:
                                                                           Minimum cash account balance
    W receive contributions
                                                                           You are required to maintain minimum amounts in both your
    W buy and sell investments                                             overall member account and your cash account. Your member
    W pay fees, charges and taxes                                          account must have a balance sufficient to pay all required taxes,
    W receive income from your investments                                 fees and charges.
    W pay your pension payments                                            In FirstWrap Plus Personal Super, you must maintain sufficient funds in
    W pay your insurance premiums.                                         your cash account to meet all expected deductions for monthly fees,
                                                                           insurance premiums and any monies required for pending corporate
    Your cash account balance must be equivalent to at least 0.5%          actions (for example, rights issues and takeover offers).
    of your total member account balance.
                                                                           In FirstWrap Plus Pension, you are required to maintain sufficient
                                                                           funds in your cash account to meet monthly fees, two months of
                                                                           pension payments and any amounts required in connection with
                                                                           any pending corporate action.
                                                                                                                      Part 2 – Other Information   3




If the balance in your cash account does not meet the minimum         FirstWrap Plus Super and Pension allows you to access
cash requirements, your adviser will be notified and asked to         consolidated reports across your accounts in FirstWrap Plus
instruct you to top-up your balance. If you do not top-up your        Personal Super, FirstWrap Plus Pension and FirstWrap Plus
cash account by the twentieth of the month in which notification      Investments. This will provide you with a complete view of all your
is provided, investments of sufficient value to cover the shortfall   assets within FirstWrap Plus. You can even receive reporting on
may be sold down to your cash account. The managed funds we           FirstWrap Plus accounts held by other members of your family,
consider most liquid will be sold first. If you become a member       by family trusts and businesses. To facilitate this all related records
of FirstWrap Plus Super and Pension, you will be deemed to have       are maintained in a single relationship group. By participating in
instructed us to sell underlying investments in this manner.          FirstWrap Plus Super and Pension you consent to other members
You should note the sale of investments:                              within the same relationship group having access to your personal
                                                                      information necessary for consolidated record keeping and
W may not be consistent with your personal investment
                                                                      reporting. (Please advise us in writing if you have privacy concerns
  objectives or strategy
                                                                      about this facility.)
W may give rise to certain transaction costs, charges
  and have other consequences that affect your account
  (refer to section 3 fees and other costs in Part 1 –
  Key Information for further details).
We will not take into consideration any tax or other consequences
that may affect your member account when selling investments
in the above manner.


Your account information
One of the benefits of FirstWrap Plus Super and Pension is you
receive consolidated reporting across all your investments.
You can access the latest information through the internet via
a user ID and password provided by your adviser.
You also receive comprehensive reporting. Once a year you
will receive:
W a detailed benefit statement covering the previous
  financial year
W an annual report including abridged financial statements and
  other information about FirstWrap Plus Super and Pension
W a pension review letter with details of your pension for the next
  financial year (if applicable)
W a s290-170 notice, outlining the value of member
  contributions for which you may wish to claim a tax deduction
  (if applicable).
These reports may be provided electronically.
4   Part 2 – Other Information




    Establishing and transacting on your account

                                                                                      Transaction
     How do I …             Information I need to know                                options         Things to be aware of

     Establish my           You and your adviser must complete an application                         Cheques should be made payable to: AIL FirstWrap Plus
     account?               and send it to us with your initial contribution                          Super and Pension – Your Name.
                            and any identification information required under           Cheque        Unless your adviser suggests otherwise, signed forms
                            anti-money laundering and counter-terrorism                               and cheques should be sent to:
                            financing laws.
                                                                                                      FirstWrap
                            For FirstWrap Plus Super and Pension the minimum                          Locked Bag 3460
                            initial deposit is $20,000.                                               GPO Melbourne VIC 3001

                                                                                                      If you wish to make your initial contributions using direct
                                                                                       Direct Debit   debit from your bank account, please complete and sign
                                                                                                      the direct debit request form and return it to the address
                                                                                                      provided above.
                                                                                                      (Note: Only applicable to FirstWrap Plus Personal Super)

     Make                   You may make lump sum or regular contributions                            You can make a deposit at any time by sending a personal
     additional             to your FirstWrap Plus Personal Super account.                            or bank cheque to us. If you make a deposit by cheque,
     contributions          Lump sum contributions                                      Cheque        funds will not be invested until the cheque has cleared.
     to my                                                                                            Your cheques should be made payable to: AIL FirstWrap
                            To make additional lump sum contributions to your          (lump sum
     account?                                                                                         Plus Super and Pension – your name.
                            account, contact your adviser.                            contributions
     (Note: Only                                                                          only)       Unless your adviser suggests otherwise, signed forms
                            Regular contributions
     available in                                                                                     and cheques should be sent to:
     FirstWrap Plus         You can also contribute via the regular contribution
                            facility using a direct debit request. You can                            FirstWrap
     Personal Super)
                            contribute monthly, quarterly, half-yearly or annually.                   Locked Bag 3460
                                                                                                      GPO Melbourne VIC 3001
                            Contributions are automatically transferred from
                            your nominated bank account on or around the                              We can deduct lump sum contributions from your
                            seventh of the month at the nominated interval.            Direct Debit   nominated bank account. To establish a direct debit,
                            The minimum regular contribution is $100.                                 please complete the direct debit request and forward
                            If we are unable to complete the deduction                                it to the address above.
                            from your bank account the contribution will
                            not proceed and any costs incurred by us will                             We can also accept direct credit deposits. Please use
                            be deducted from your cash account.                                       the following account details:
                                                                                                      BSB                   067-788
                                                                                                      Account name          Your Name
                                                                                                      Account number        Your account Customer Reference
                                                                                                                            Number (CRN)
                                                                                                      Contributions made by direct credit must be for one
                                                                                                      contribution type and one member account only as
                                                                                                      direct credit contributions cannot be split.
                                                                                                      Please allow three business days after receipt of your
                                                                                                      signed instructions for us to establish the regular
                                                                                                      contribution facility.
                                                                                                      Once you establish a regular contribution facility,
                                                                                                      it will continue until you instruct us in writing to
                                                                                                      terminate it. Please allow three business days after
                                                                                                      receipt of your instructions for the regular contribution
                                                                                                      facility to be cancelled.

                                                                                                      Refer to your Australian financial institution for payment
                                                                                                      of funds. You will need to quote:
                                                                                                      Biller code           827683
                                                                                                      Reference number      Your account CRN
                                                                                                                              Part 2 – Other Information   5




                                                                        Transaction
How do I …   Information I need to know                                 options         Things to be aware of

Make an      You and your adviser can select your investments                           Your adviser can enact your investment selection at any
investment   from the Investments List available at                                     time using the adviser website. This is the most efficient
choice?      colonialfirststate.com.au/firstwrap/investors.                             way of setting up a regular investment selection for
             The Investments List sets out the full range of             Online by      your account.
             choices available to you and how they relate to            your adviser    Further information about investment selections is
             the investment strategy classifications available.                         available in the investment options section on pages 8–18.
             Your initial investment instructions can be lodged
             with your application form. They will generally
             be actioned within three business days; however,                Mail
             instructions relating to some investments – such            (as part of
             as hedge funds that issue new units on a periodic           your initial
             basis (eg quarterly) – may take longer.                    application)
             If you do not lodge your investment instructions with
             your application, your initial contribution is placed
             into your cash account until we receive instructions.

Switch       The minimum switch amounts are as follows                                  Your adviser may action an investment switch at any
between      (for buys and sells):                                                      time by transacting through our adviser website.
options?     W $100 any managed fund                                                    Further information about investments is available
             W $500 any listed security.                                 Online by      in the investment options section on pages 8–18.
                                                                        your adviser
             The minimums for other unlisted investments
             are determined by the investment manager and
             disclosed in the relevant disclosure document.

Arrange      The regular investment facility enables periodic                           Please allow three business days after receipt of your
a regular    investment into an investment model or model                               signed instructions for the regular investment facility
investment   portfolio. You can nominate to invest either a                             to be established.
facility?    fixed amount or any excess above a fixed percent            Online by      Once you establish a regular investment facility, it will
             in your cash account. The minimum amount                   your adviser    continue until you instruct us in writing to terminate
             invested into any one managed fund is $10 per                              it. Please allow three business days after receipt of
             transaction. No investment will be made if there                           your instructions for the facility to be cancelled.
             are insufficient funds in your cash account to                             Further information about investments is available in
             completely implement your investment instruction                           the investment options section on pages 8–18.
             and maintain the required minimum cash
             account balance.
             This facility can be linked to your regular contribution
             facility within FirstWrap Plus Personal Super so your
             regular contributions are automatically transferred
             from your cash account to the relevant investment.
             You can also choose to make use of the regular
             investment facility without linking it to the regular
             contribution facility.
             You can set up the regular investment facility
             so your chosen investments are made monthly,
             quarterly, half-yearly or annually, on or around
             the eighteenth day of the month.
6   Part 2 – Other Information




                                                                                     Transaction
     How do I …             Information I need to know                               options        Things to be aware of

     Make a cash            You can make cash withdrawals at any time provided                      Your adviser can help you make a withdrawal.
     withdrawal?            you meet the superannuation rules which require                         When completed and signed, the withdrawal form
                            you to satisfy a ‘condition of release’. You may also                   should be sent to:
                                                                                         Mail
                            be required to provide additional material that                         FirstWrap
                            proves your identity.                                                   Locked Bag 3460
                            One-off withdrawals                                                     GPO Melbourne VIC 3001
                            The minimum amount per withdrawal is $500.                              You must have sufficient funds in your cash account so
                            You can ask your adviser to arrange for cash to                         the payment can be made without reducing your cash
                            be directed to your nominated bank account.                             account below the required minimum. Where there are
                            Your withdrawal request is normally processed                           insufficient funds in your cash account, you will need
                            within three business days of the request being                         to instruct your adviser or us to sell investments or the
                            received. Bank processing may take an additional                        request will not be processed.
                            two business days, or three business days if you
                            nominate an account with a credit union or
                            building society.
                            Please refer to page 24 to ensure you meet
                            a condition of release.
                            You can also rollover your benefits to another
                            complying superannuation fund. (Where you
                            have selected other unlisted investments that
                            are illiquid, there may be delays in giving effect
                            to a withdrawal or rollover.)

     Change my              To change your account details, please notify                           Some changes – such as changes to your adviser
     personal               your adviser.                                                           remuneration arrangements or your bank account details,
     details?                                                                                       will require a signed authority from you. Your adviser can
                                                                                      Online by     forward the signed authority to us.
                                                                                     your adviser



                                                                                         Mail

     Establish              You may direct income from your managed fund                            It is important to note different investments pay income
     an income              investments to buy additional units or have it                          at different times and in different frequencies. Details
     reinvestment           retained in your cash account. You can elect to                         regarding income distributions should be disclosed in the
     facility?              invest the managed fund income into the same              Online by     relevant disclosure documents for each investment. If
     (Note: Only            managed fund or according to an investment               your adviser   you do not choose this facility, any income earned from
     available in           strategy pre-determined with your adviser.                              investments will remain in your cash account.
     FirstWrap Plus         Income distributions are received from each
     Personal Super)        investment manager and credited as cash into
                            your cash account. If you elect to reinvest income
                            distributions, we will use this cash to buy additional
                            units. Income for a calendar month is reinvested
                            in the fund on or around the eighteenth of the
                            following month.
                            Please note that we do not offer a dividend
                            reinvestment plan for listed securities.
                                                                                                                        Part 2 – Other Information   7




If you submit contributions along with incomplete or insufficient        The eligible rollover fund selected by the Trustee is:
instructions, we cannot be liable for subsequent administrative or           Australian Eligible Rollover Fund (AERF)
investment purchasing delays. We will hold your contribution for             Locked Bag 5429
up to 28 days after the date of receipt while we seek clarifying             Parramatta NSW 2124
documentation. If, after 28 days, we are still unable to accept your
contribution, it will be refunded. No interest is paid on refunded           Telephone 1800 677 424
contributions. If you cannot be identified, the contribution will be     We will take reasonable steps to contact you before transferring
sent to ASIC.                                                            your balance to the AERF. If your benefit is transferred to the
                                                                         AERF you will no longer be a member of FirstWrap Plus Super and
Account closure                                                          Pension, any related insurance cover will cease and you will no
Should you wish to withdraw your account balance, or roll over           longer receive reports from FirstWrap Plus Super and Pension.
or transfer it to another superannuation fund, investments in            There could be significant implications if the balance in your
your account may need to be converted to cash. At this time,             account is transferred to the AERF.
any regular transaction facilities will be cancelled. If your account    W You will become a member of the AERF and be subject to its
includes investments that are illiquid, you may elect to receive an        rules. You can contact the AERF to ask for a copy of its PDS.
initial payment from one or more of your liquid investments while
                                                                         W The AERF may apply a different fee structure. You should refer
we wait for your illiquid investments to be sold by the relevant
                                                                           to its PDS for details on the fees that may apply.
manager. When all investment proceeds have been received, we
will close your account. The proceeds, less any accrued fees, taxes      W The AERF may not offer insurance benefits in the event
and/or expenses, will be paid to the fund you nominate or, where           of death or disablement.
you have satisfied a relevant superannuation condition of release,       W The AERF may apply a different investment strategy. You should
paid to your nominated financial institution.                              evaluate whether the strategy used by the AERF is appropriate
Where additional income relating to your investments is payable            to your specific circumstances.
to you after your account has been closed the tax applicable             Once the balance of your account is transferred, you should
to your account is calculated based on the information available         contact the AERF for further details.
at the time.
While investments in managed funds and listed securities are
usually readily redeemable there may be a delay in receiving
money from investments in managed funds (eg hedge funds)
or other illiquid unlisted investments. Your adviser can provide
more details.

What happens if we are unable to contact you?
We have the discretion to transfer your funds to an eligible rollover
fund after deducting any accrued or outstanding fees, taxes and
liabilities. We may exercise our discretion to transfer your member
account balance in this way if:
W you are a lost member (ie uncontactable); that is, we have
  written to you at least once and had this correspondence
  returned unclaimed
W your account balance falls below $1,000.*




* For balances under $200, the funds will be sent directly to the ATO.
8   Part 2 – Other Information




    2 Investment options


    How to invest in managed funds                                         Changing your other unlisted investments
    Prior to making any investment decision about a managed fund,          Instructions to buy and sell unlisted investments are provided to us
    you should obtain a copy of the relevant investment’s disclosure       by your adviser. A minimum transaction amount may apply. You
    document. The disclosure document describes the investment,            should be aware that:
    the investment strategy and objectives, provides financial             W charges and penalties may apply, including early redemption
    information, the historical performance of the managed fund and          penalties and fees and charges payable to the specific
    details fees and charges relating to the fund. You can obtain a free     investment manager
    copy of the disclosure documents by asking your adviser.               W the unit price you receive for unlisted investments is
    There are a number of ways money held in your cash account               determined by the investment manager
    can be invested in managed funds. Your adviser can facilitate          W investment managers have different rules as to when
    these investments after you have agreed on the investment                applications and withdrawals will be accepted and processed,
    strategies and specific investments appropriate for you.                 these may be found in the disclosure document for each
    Your adviser can make investment decisions on your behalf as             investment
    long as there are sufficient funds in your cash account. These         W due to the illiquid nature of many unlisted investments, it may
    investments can be made at any time, such as when you make               take some time for the proceeds to become available. Some
    contributions into FirstWrap Plus Super and Pension. You can also        types of investments do not allow redemption until maturity.
    choose to invest via automated investment facilities including:
    W regular investment facility                                          Illiquid investments
    W income reinvestment facility.                                        Illiquid investments are defined as those investments which:
                                                                           W have redemption periods 30 days or greater
    Investing in other unlisted investments                                W could be sold in less than 30 days but subject to a significant
    Other unlisted investments may be illiquid, may have a fixed term        adverse impact on the sale proceeds.
    and may be undiversified.
                                                                           An Investments List is available online at:
    Prior to making a decision to invest in unlisted investments,          colonialfirststate.com.au/firstwrap/investors.
    you should obtain a copy of the relevant investment’s product
                                                                           This list sets out in detail the full range of choices available to
    disclosure document. The disclosure document describes the
                                                                           you and how they relate to the investment strategies available.
    investment, the investment strategy and objectives, provides
                                                                           Your adviser can also provide you with a free copy of this list.
    financial information, the historical performance of the investment
    and details fees and charges relating to the investment. You can
    obtain a free copy of the disclosure documents by asking               Investing in fixed interest investments
    your adviser.                                                          FirstWrap Plus Super and Pension offers a number of fixed interest
    FirstWrap Plus Super and Pension may from time to time offer you       investments including term deposits. Fixed interest investments
    opportunities to invest in unlisted investments.                       have been classified in the Australian fixed interest strategy
                                                                           classification. Further details about fixed interest investments
    Your adviser will make these investments after you have agreed on
                                                                           are available from your adviser, and you should carefully read
    the investment strategy(ies) and specific investments that suit your
                                                                           the relevant disclosure document.
    needs and circumstances. For information on the diversification
    limits on unlisted investments, please refer to the Investments List   If you choose to include fixed interest investments within your
    at colonialfirststate.com.au/firstwrap/investors.                      portfolio, please note that a minimum dollar value for each
                                                                           investment may apply. Refer to the disclosure document for
                                                                           further information.
                                                                                                                      Part 2 – Other Information   9




Changing your fixed interest investments                               How to transfer investments
When your fixed interest investment matures the proceeds are           You can transfer approved investments into FirstWrap Plus
credited to your cash account. If you wish to rollover the proceeds,   Super and Pension. Transfers will only be accepted for certain
please speak to your adviser. For terms over 12 months, interest       contribution types at our discretion and within limits set by
can be paid monthly, annually or other frequencies depending           superannuation law. Your adviser can provide more details.
on the provider.
                                                                       For fees associated with transferring investments, refer to the
Under exceptional circumstances fixed interest investments             additional service fees and incidental fees section in Part 1 –
may be sold prior to maturity. You may lose some interest              Key Information.
and charges may apply. Refer to the disclosure document
for further information.
                                                                       How to change your investment strategy
                                                                       You can make changes to your investment strategies at any
How to invest in listed securities                                     time and your adviser can help you complete the required
FirstWrap Plus Super and Pension offers investment in companies        documentation. A change to your investment strategy includes
and securities listed on the Australian Securities Exchange (ASX)      instructing us to amend any of the automated investment options
that are held and settled via CHESS. Your adviser can provide          you have decided to put in place. You also have the ability to
you with details on the listed securities available. To make the       ‘switch’ between strategies.
investment your adviser places orders for listed securities with
                                                                       A switch transaction normally involves switching out of (selling)
a stockbroker. These orders are collated and processed in our
                                                                       an existing investment and purchasing a new investment.
name and settlement proceeds are deducted from or credited
                                                                       Alternatively, you can switch out of an investment without
to your cash account.
                                                                       purchasing a new investment, in which case any proceeds will
                                                                       be credited to your cash account. Certain transaction charges –
Available listed securities
                                                                       such as transaction fees, investment manager fees or brokerage
Through FirstWrap Plus Super and Pension, you have access to a         – may apply when switching investments. These charges will
wide range of securities listed on the ASX. We review the range of     be deducted from your cash account. You should read the
available investments, and investments may be added or removed         disclosure documents and talk to your adviser before exiting
at any time. We may restrict holdings in certain investments.          a particular investment.
Your adviser can provide you with an up-to-date list of the            You cannot make a switch if you have an outstanding obligation
available investments. We reserve the right to sell existing           (eg a regular payment), or if there are insufficient funds in your
holdings if assets do not meet the required diversification limits     cash account to carry out the switch while maintaining your
within your account.                                                   minimum cash account balance. If you do not have sufficient cash
                                                                       and wish to restructure your portfolio by switching investments,
Restrictions on exposure to ASX listed securities                      you can sell existing holdings. You may use your existing cash
To help minimise the risks from inadequate diversification, we have    balance to undertake any new investment.
introduced limits on exposures to ASX listed securities.               There may be delays associated with exiting certain managed
Please refer to the Investments List at                                funds or other unlisted investments. These delays are detailed
colonialfirststate.com.au/firstwrap/investors for current              in the disclosure document for the particular investment.
diversification limits.
                                                                       Adviser operation of FirstWrap Plus
Changing your listed securities                                        If you join FirstWrap Plus Super and Pension, you authorise your
You can sell investments at any time (orders placed outside            adviser to transact on your account. We will rely on information
ASX market hours will not be accepted unless they are placed           and instructions from your adviser as if they come directly from
as limit orders) and you may use the sale proceeds to buy new          you. Generally, you will not be able to give investment instructions
investments or add to existing investments within your portfolio.      directly to us.
This is referred to as a ‘switch’. Proceeds from a sale cannot be
                                                                       This authority does not extend to making withdrawals from
used to fund a buy transaction until we receive confirmation
                                                                       FirstWrap Plus Super and Pension on your behalf. Important
of the sale.
                                                                       declarations relating to your adviser’s authority are set out in Part
                                                                       1 – Key Information and you should read these carefully. We may
                                                                       at our discretion allow information to be provided to a third party.
10   Part 2 – Other Information




     You are responsible for monitoring your adviser and ensuring             or remove investments from the list at any time. This may include
     the investment instructions given to us by your adviser reflect          the placement of restrictions on holdings on certain investments.
     your circumstances and your investment strategy and are
     consistent with the arrangements between you and your adviser.           Investment strategy classifications
     Investment decisions implemented by your adviser may give                The following pages 11–17 contain summary descriptions of each
     rise to remuneration to your adviser as described in Part 1 –            of the investment strategy classifications available to investors
     Key Information.                                                         in FirstWrap Plus Super and Pension. You should speak with your
                                                                              adviser for further information on any of these classifications.
     General information about investing
     Your adviser will work with you to implement an investment               Investment allocation
     strategy that suits your individual goals and objectives.                You and your adviser can provide investment instructions to apply
     The strategy should take into consideration your individual              to your initial and/or future contributions. Where investment
     outlook, investment time frame and risk profile and provide for          instructions have not been received the funds will be placed into
     an appropriate level of diversification. Once you and your adviser       your cash account.
     agree on your strategy, you can implement that strategy by
     choosing investments in FirstWrap Plus Super and Pension.
                                                                              Investment model
     FirstWrap Plus Super and Pension offers a choice of a wide range of      You and your adviser can establish an investment model
     investment strategies. You should review the investments you are         consisting of available managed funds as part of your application.
     considering and the relevant disclosure documents to ensure they         Your investment model can be linked to your regular facilities
     meet your needs and are in line with your investment strategy.           such as your regular contribution, regular investment or income
     We review the investment strategies available through FirstWrap          reinvestment as required.
     Plus Super and Pension. You can obtain a copy of the disclosure
     documents for the relevant investments from your adviser.                Standard transaction fees for buying and selling managed fund
                                                                              investments will apply. For more information on transaction fees
     We do not guarantee your investment in FirstWrap Plus Super              please refer to Part 1 – Key Information.
     and Pension, nor any income or the rate of return. The value of
     your account rises or falls depending on the performance of the
                                                                              Model portfolio
     investments selected.
                                                                              FirstWrap Plus Super and Pension has a model portfolio
     Investment News                                                          solution that allows you and your adviser to invest in a model
                                                                              consisting of a pre-determined allocation of managed funds,
     If a significant event occurs we are required by law to tell you about   listed securities and cash. Your investments can also be re-aligned
     the effects on your investments. You will receive this information       to the model portfolio allocations through ad-hoc or regular
     electronically via the Investment News link on our website at            (automatic) rebalancing.
     colonialfirststate.com.au/firstwrap/investors. For these purposes,
     you will be taken to have received the relevant information              If you and your adviser select a model portfolio with
     whether or not you access the Investment News update.                    automatic rebalancing, your account will be rebalanced quarterly,
                                                                              half-yearly or yearly, on or around the 24th day of the month.
     Investment News will contain an overview of information about            Quarterly rebalancing occurs in February, May, August and
     the material changes or significant events that have occurred.           November, half-yearly rebalancing occurs in February and August
     It may also contain other information that may be of interest.           and yearly rebalancing occurs in August. In some circumstances
     If you have any queries in regard to a change to an investment           the date or the frequency of the automatic rebalance may change
     you hold, please contact your adviser.                                   without notice to you and transactions may be cancelled if there
                                                                              are extensive delays.
     Selecting investment strategies                                          Your adviser will also have the ability to initiate a rebalance on
     Once you and your adviser have selected an investment strategy           your account on an ad-hoc basis to re-align your account to the
     that meets your needs, you and your adviser need to instruct us to       pre-determined model portfolio.
     make the specific investments you wish to hold in your account.          Standard transaction fees and brokerage costs for buying and
     If you do not select an investment strategy, we will leave your          selling investments will apply. For more information on transaction
     funds in your cash account and you will earn the corresponding           fees and brokerage costs please refer to Part 1 – Key Information.
     rate of return. Your funds will remain in your cash account until        These transactions may also have tax consequences that affect
     you choose other investments. We review the list of available            your circumstances.
     investments within FirstWrap Plus Super and Pension and may add
                                                                                                                                                        Part 2 – Other Information   11




  Investment
  strategy
  classification                                              Cash                                                           Australian fixed interest
  Investment                To earn returns that match headline CPI increases over rolling                    To earn returns that exceed headline CPI increases by at least
  objective                 one-year periods.                                                                 1% pa over rolling three-year periods.

  Strategy                  Funds offered will typically benchmark with reference to                          Funds offered will typically benchmark with reference to an
  benchmark                 the UBSWA Bank Bill Index.                                                        Australian index such as the UBSWA Composite Bond Index
                                                                                                              (All Maturities).

  Risk profile              Very low                                                                          Low

  Timeframe                 1+ years                                                                          3+ years

  Representative            Asset class               Allocation                 Allocation                   Asset class           Allocation             Allocation
  asset allocation                                    benchmark (%)              ranges (%)                                         benchmark (%)          ranges (%)
  range
                            Cash                      100                        0–100                        Australian fixed      100                    80–100
                                                                                                              interest

                                                                                                              Cash                  0                      0–20

  Allocation to             0%                                                                                0%
  growth assets

  Diversification           Please refer to the Investments List available via                                Please refer to the Investments List available via
  limit                     colonialfirststate.com.au/firstwrap/investors for our                             colonialfirststate.com.au/firstwrap/investors for our current
                            current diversification limits.                                                   diversification limits.



Note: The risk profile provided above is relative to the other investment strategy classifications offered.
12   Part 2 – Other Information




       Investment
       strategy
       classification                                  International fixed interest                                              Short duration high yield
       Investment                     To earn returns that exceed headline CPI increases by at least               To earn returns that exceed headline CPI increases by at least
       objective                      1% pa over rolling three-year periods.                                       1.5% pa over rolling three-year periods.

       Strategy                       Funds offered will typically benchmark with reference to a                   Funds offered will typically benchmark with reference to the
       benchmark                      global bond index such as the Citigroup World Government                     UBS Cash Index plus a margin of between 2–6% and maintain
                                      Bond Index (hedged to $A) or the Barclays Global Aggregate                   a high tracking error through investment in lower quality
                                      (hedged to $A).                                                              credit. Examples of the funds included in these are:
                                                                                                                   W mortgage
                                                                                                                   W high yield
                                                                                                                   W hybrids
                                                                                                                   W global hybrids
                                                                                                                   W syndicated loans
                                                                                                                   W global credit.

       Risk profile                   Low                                                                          Moderate

       Timeframe                      3+ years                                                                     3+ years

       Representative                 Asset class                    Allocation                     Allocation     Asset class            Allocation             Allocation
       asset allocation                                              benchmark (%)                  ranges (%)                            benchmark (%)          ranges (%)
       range
                                      International fixed            100                            80–100         Cash and fixed         100                    0–100
                                      interest                                                                     interest

                                      Cash                           0                              0–20

       Allocation to                  0%                                                                           0%
       growth assets

       Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
       limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                      diversification limits.                                                      diversification limits.



     Note: The risk profile provided above is relative to the other investment strategy classifications offered.
                                                                                                                                                         Part 2 – Other Information   13




  Investment
  strategy
  classification                                        Diversified defensive                                                     Diversified balanced
  Investment                     To earn returns that exceed headline CPI increases by at least               To earn returns that exceed headline CPI increases by at least
  objective                      2% pa over rolling three-year periods.                                       2.5% pa over rolling five-year periods.

  Strategy                       Funds offered will typically represent traditional multi-sector              Funds offered will typically represent traditional multi-sector
  benchmark                      defensive funds with less than 40% in growth assets.                         balanced funds with at least 40% or more but less than 80%
                                                                                                              in growth assets.

  Risk profile                   Moderate                                                                     High

  Timeframe                      3+ years                                                                     5+ years

  Representative                 Asset class                    Allocation                     Allocation     Asset class            Allocation             Allocation
  asset allocation                                              benchmark (%)                  ranges (%)                            benchmark (%)          ranges (%)
  range
                                 Australian shares              15                             5–25           Australian shares      40                     25–55

                                 International                  8                              5–15           International          25                     10–40
                                 shares                                                                       shares

                                 Listed property                7                              5–15           Listed property        10                     0–20

                                 Australian fixed               40                             25–55          Australian fixed       15                     5–25
                                 interest                                                                     interest

                                 International fixed            5                              0–10           International fixed    5                      0–10
                                 interest                                                                     interest

                                 Cash                           25                             10–40          Cash                   5                      0–20

  Allocation to                  10–39%                                                                       40–79%
  growth assets

  Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
  limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                 diversification limits.                                                      diversification limits.



Note: The risk profile provided above is relative to the other investment strategy classifications offered.
14   Part 2 – Other Information




       Investment
       strategy
       classification                                          Diversified growth                                                      Australian equities
       Investment                     To earn returns that exceed headline CPI increases by at least               To earn returns that exceed headline CPI increases by at least
       objective                      3% pa over rolling five-year periods.                                        3% pa over rolling five-year periods.

       Strategy                       Funds offered will typically represent traditional multi-sector              Funds offered will typically benchmark with reference to
       benchmark                      growth funds with 80% or more in growth assets.                              the S&P/ASX 300 Accumulation Index.

       Risk profile                   High                                                                         High

       Timeframe                      5+ years                                                                     5+ years

       Representative                 Asset class                    Allocation                     Allocation     Asset class            Allocation             Allocation
       asset allocation                                              benchmark (%)                  ranges (%)                            benchmark (%)          ranges (%)
       range
                                      Australian shares              45                             30–60          Australian shares      100                    80–100

                                      International                  35                             20–50          Cash                   0                      0–20
                                      shares

                                      Listed property                10                             0–20

                                      Australian fixed               3                              0–10
                                      interest

                                      International fixed            2                              0–10
                                      interest

                                      Cash                           5                              0–20

       Allocation to                  80–100%                                                                      100%
       growth assets

       Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
       limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                      diversification limits.                                                      diversification limits.



     Note: The risk profile provided above is relative to the other investment strategy classifications offered.
                                                                                                                                                         Part 2 – Other Information   15




  Investment
  strategy
  classification                              Australian equities – small cap                                                 International equities
  Investment                     To earn returns that exceed headline CPI increases by at least               To earn returns that exceed headline CPI increases by at least
  objective                      3.5% pa over rolling five-year periods.                                      2.5% pa over rolling five-year periods.

  Strategy                       Funds offered will typically benchmark with reference to                     Funds offered will typically benchmark with reference to
  benchmark                      the S&P/ASX Small Ordinaries Accumulation Index.                             the broad market global index such as the MSCI World
                                                                                                              ex-Australia Index (in $A).

  Risk profile                   Very high                                                                    High

  Timeframe                      5+ years                                                                     5+ years

  Representative                 Asset class                    Allocation                     Allocation     Asset class            Allocation             Allocation
  asset allocation                                              benchmark (%)                  ranges (%)                            benchmark (%)          ranges (%)
  range
                                 Australian small               100                            80–100         International          100                    80–100
                                 cap shares                                                                   shares

                                 Cash                           0                              0–20           Cash                   0                      0–20

  Allocation to                  100%                                                                         100%
  growth assets

  Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
  limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                 diversification limits.                                                      diversification limits.



  Investment
  strategy
  classification                                   Emerging market equities                                           International equities – small cap
  Investment                     To earn returns that exceed headline CPI increases by at least               To earn returns that exceed headline CPI increases by at least
  objective                      3% pa over rolling five-year periods.                                        2.5% pa over rolling five-year periods.

  Strategy                       Funds offered will typically benchmark with reference to                     Funds offered will typically benchmark with reference to
  benchmark                      a broad market or country grouping emerging markets index                    the MSCI Small Cap Index.
                                 such as the MSCI Emerging Markets Index or the MSCI Asia
                                 ex-Japan index.

  Risk profile                   Very high                                                                    Very high

  Timeframe                      5+ years                                                                     5+ years

  Representative                 Asset class                    Allocation                     Allocation     Asset class            Allocation             Allocation
  asset allocation                                              benchmark (%)                  ranges (%)                            benchmark (%)          ranges (%)
  range
                                 Emerging market                100                            80–100         International small    100                    80–100
                                 equities                                                                     cap shares

                                 Cash                           0                              0–20           Cash                   0                      0–20

  Allocation to                  100%                                                                         100%
  growth assets

  Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
  limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                 diversification limits.                                                      diversification limits.



Note: The risk profile provided above is relative to the other investment strategy classifications offered.
16   Part 2 – Other Information




       Investment
       strategy                                           Australian/international                                                Geared listed securities
       classification                                       single sector fund                                                   (Australian/international)
       Investment                     To earn returns that exceed headline CPI increases by at least               To earn returns that exceed headline CPI increases by at least
       objective                      2.5% pa over rolling five-year periods.                                      4% pa over rolling five-year periods.

       Strategy                       Funds offered will typically benchmark with reference to                     Funds offered are typically Australian/International long only
       benchmark                      the relevant sector component of the MSCI or S&P/ASX Index.                  equity funds which benchmark with reference to the S&P/
                                                                                                                   ASX 300 Accumulation Index or the MSCI World ex Australia
                                                                                                                   Index (in $A).

       Risk profile                   Very high                                                                    Very high

       Timeframe                      5+ years                                                                     5+ years

       Representative                 Asset class                    Allocation                     Allocation     Asset class             Allocation              Allocation
       asset allocation                                              benchmark (%)                  ranges (%)                             benchmark (%)           ranges (%)
       range
                                      Specific equities              100                            80–100         Geared shares           100                     80–100
                                      sector

                                      Cash                           0                              0–20           Cash                    0                       0–20

       Allocation to                  100%                                                                         100%
       growth assets

       Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
       limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                      diversification limits.                                                      diversification limits.



       Investment
       strategy
       classification                                                    Property                                                  Alternatives/specialised
       Investment                     To earn returns that exceed headline CPI increases by at least               To deliver consistent medium term returns with low correlation
       objective                      2% pa over rolling five-year periods.                                        to broad equity and fixed income markets by investing in both
                                                                                                                   traditional and non-traditional asset classes.

       Strategy                       Funds offered will typically benchmark with reference to                     Funds offered will target either a specific level of return in excess
       benchmark                      the listed or direct property index.                                         of a hurdle rate return or a specific alternative asset index.

       Risk profile                   High                                                                         Medium to High

       Timeframe                      5+ years                                                                     5+ years

       Representative                 Asset class                    Allocation                     Allocation     Due to the wide variation in the types of funds, there is no
       asset allocation                                              benchmark (%)                  ranges (%)     structured asset allocation with a range of strategies used to
       range                                                                                                       achieve their strategy benchmark.
                                                                                                                   Funds offered may include, but are not limited to, long short
                                      Property                       100                            80–100
                                                                                                                   equities, absolute return funds, diversified hedge funds, global
                                      Cash                           0                              0–20           macro funds, commodity trading accounts, currency funds,
                                                                                                                   commodity funds and agribusiness funds.

       Allocation to                  100%                                                                         N/A
       growth assets

       Diversification                Please refer to the Investments List available via the link at               Please refer to the Investments List available via the link at
       limit                          colonialfirststate.com.au/firstwrap/investors for our current                colonialfirststate.com.au/firstwrap/investors for our current
                                      diversification limits.                                                      diversification limits.



     Note: The risk profile provided above is relative to the other investment strategy classifications offered.
                                                                                                                                                                  Part 2 – Other Information   17




  Investment
  strategy
  classification                                  Listed Australian securities                                                     Listed interest rate securities
  Investment                     To provide investors with a growth investment return from                             To provide investors with a regular income stream above
  objective                      exposure to companies listed on the ASX.                                              the cash rate over the short to medium term.
                                 This strategy may provide additional returns by investing
                                 in Australian companies who declare partially or fully
                                 franked dividends.

  Strategy                       Investors using this strategy classification can expect to                            Suitable for investors seeking a regular income yield above
  benchmark                      experience short to medium-term fluctuation in the value                              the cash rate.
                                 of their investment.                                                                  Suitable for investors seeking short to medium-term volatility
                                 There is a high likelihood of a negative return in a given short-                     in their capital value.
                                 term investment period.

  Risk profile                   Very high                                                                             Very high

  Timeframe                      5+ years                                                                              5+ years

  Representative                 Listed Australian securities 100%                                                     Australian fixed interest 100%
  asset allocation
  range

  Available                      Australian listed securities, listed property trusts, listed                          Listed income securities, corporate bonds, floating rate notes
  investments                    investment companies and other listed securities as deemed                            and hybrid securities.
                                 appropriate by the Trustee.

  Diversification                Please refer to the Investments List available via the link at                        Please refer to the Investments List available via the link at
  limit                          colonialfirststate.com.au/firstwrap/investors for our current                         colonialfirststate.com.au/firstwrap/investors for our current
                                 diversification limits.                                                               diversification limits.



Note: The risk profile provided above is relative to the other investment strategy classifications offered.



Alternatives/specialised investment strategy                                                                  As a member of FirstWrap Plus Super and Pension, you are
                                                                                                              taken to have authorised and instructed us to take such action.
Many of the investment options used by fund managers within
                                                                                                              The proceeds from the sale of your investment will be credited
this classification are high risk when used in isolation; however,
                                                                                                              to your cash account. It is important to note that such a sale may
when several investment options are combined, the level of risk
                                                                                                              not be consistent with your investment strategy and there may
may decrease.
                                                                                                              be costs associated with particular investments (these will be
Given the wide range of investment options used by these fund                                                 disclosed in the disclosure document for the relevant investment).
managers, you should ensure that you fully understand the                                                     We will not take into account any tax or other consequences for
impacts of investments into funds using these strategies.                                                     you in selling investments in such circumstances. We will notify
                                                                                                              you as required by law.
Trustee discretions
Under the Trust Deed we may at our discretion sell an investment                                              Certain factors not considered
held in your account without consulting you or your adviser in the                                            We do not take into account labour standards, environmental,
following limited circumstances:                                                                              social or ethical considerations when making the investment
W if we cease to offer the relevant investment                                                                available. However, where those factors may negatively affect
  strategy classification                                                                                     investment performance or company stability we may – on a
W if we remove the investment from the list of                                                                case-by-case basis – discuss these matters with company
  available investments under the relevant investment                                                         management and/or review our decision.
  strategy classification
W if the investment is terminated by the investment manager.
18   Part 2 – Other Information




     Investments held in the name of the Trustee
     Investments will be held in individual accounts in our name.
     You will generally not directly receive all shareholder or member
     communication regarding your holdings. You may at any time
     request us to provide you with any such communications.
     When a corporate action is announced, we will, where possible,
     provide your adviser with the information about the offer and
     the options available to you. Your adviser will provide you with
     this information.
     Together with your adviser, you can instruct us on whether
     you want to accept the corporate action. Your acceptance
     of any offers depends on there being sufficient available cash
     in your account.
     If you or your adviser fail to instruct us in regard to any such offer,
     we generally will not respond on your behalf. You may not be
     able to participate in certain corporate actions (such as discount
     cards and bonus share plans) unless we decide to pass on
     these benefits.
     In all cases, we hold ultimate discretion on decisions relating
     to corporate actions and may act on behalf of all members of
     FirstWrap Plus Super and Pension. We may not necessarily be able
     to treat members differently in respect of corporate actions.
     You will not directly receive notice of any takeover offers, rights
     issues, company meetings or other such offers and we retain
     ultimate discretion on the corporate actions. For any takeover,
     (de)merger and scheme of arrangement events we will in general
     accept the default option unless it is determined to be in the best
     interests of all members to select an alternative option.
                                                                                                                               Part 2 – Other Information   19




3 Superannuation, taxation and insurance


This is a summary of the significant superannuation rules applying to you in FirstWrap Plus Personal Super.

What is super?                                                        W you may receive a refund of your TFN tax deducted from
                                                                        your account balance if you provide your TFN to us within
Superannuation is a way for you to save for your retirement, either
                                                                        the following three years.
through regular contributions made by you or your employer or by
consolidating your savings when you change jobs. Because super
is designed for retirement, there are restrictions on when you can    Who can make contributions to
withdraw your savings and a variety of incentives to encourage        FirstWrap Plus Personal Super?
you to save using super.
                                                                      The table below summarises the contributions that can
FirstWrap Plus Personal Super is an accumulation super fund. This     be accepted by FirstWrap Plus Personal Super.
means, as an investor, you have an account balance that:
W increases by the amount of your super contributions                  Your age              Contributions accepted
  and rollovers
                                                                       Under 65              W   Personal contributions
W reduces by the amount of taxes, fees, costs                          (must be over         W   All employer contributions
  and insurance premiums                                               age 18)               W   Eligible spouse contributions
W reduces by the amount of super benefits paid                                               W   Personal injury settlements
W reduces or increases according to the market movements                                     W   CGT contributions1
  reflected in the value of your investments.                          65–69                 W Mandated employer contributions2
Your account balance will generally be paid to you as a retirement                           W Where you have been gainfully employed
benefit when you retire. However, there are other types of super                               during the financial year for at least 40 hours
                                                                                               over a consecutive 30 day period:
benefits outlined below.
                                                                                               W Personal contributions
You cannot use your account balance as security for borrowing.                                 W Voluntary employer contributions3
You may also be entitled to additional taxation incentives,                                    W Eligible spouse contributions
if you meet the applicable eligibility criteria, to:                                           W Personal injury settlements
                                                                                               W CGT contributions1
W claim a tax deduction for your personal
  concessional contributions                                           70–74                 W Mandated employer contributions2
W receive the spouse contributions offset for spouse                                         W Where you have been gainfully employed
                                                                                               during the financial year for at least 40 hours
  contributions you made
                                                                                               over a consecutive 30 day period:
W receive the government co-contribution for your                                              W Personal contributions
  personal contributions                                                                       W Personal injury settlements
W claim capital gains tax (CGT) relief on the disposal of small                                W CGT contributions1
  business assets by making a CGT contribution                                                 W Voluntary employer contributions3
W contribute an employer directed termination payment (DTP)            75+                   W Mandated employer contributions2
  or a personal injury payment.
You should talk with your adviser about how super may be              1 CGT contributions are a reference to amounts from the disposal of assets that
appropriate for your individual objectives, financial situation         qualify for the small business CGT exemption.

and needs.                                                            2 Mandated employer contributions are contributions your employer is required
                                                                        by law to make on your behalf. These include superannuation guarantee
                                                                        contributions (until age 70) and contributions required under an industrial award
                                                                        or a certified agreement.
Have you quoted your tax                                              3 Voluntary employer contributions include salary sacrifice arrangements and
file number (TFN)?                                                      discretionary superannuation contributions.

If you or your employer does not quote your TFN to the Fund:
W some super contributions will incur TFN tax of an
  additional 31.5%
W other types of super contributions will be refunded within
  30 days to the source of the contribution less taxes, fees,
  costs and insurance premiums and reduced or increased
  for market movements
20   Part 2 – Other Information




     Transfers from UK pension schemes                                       Taxation of investment earnings
     The Avanteos Superannuation Trust (the Fund) is a qualifying            Income allocated to your cash account will incur tax at
     recognised overseas pension scheme (QROPS), approved and                a maximum rate of 15% in FirstWrap Plus Personal Super. Franking
     registered with the UK-based Her Majesty’s Revenue and Customs          credits and tax deductible expenses may result in a refund of tax.
     service, at the date of the PDS. The Fund’s registration number         We will deposit any tax refund to your cash account.
     is QROPS/500106.                                                        Income allocated to your cash account in FirstWrap Plus Pension
     If you have money invested in a UK pension scheme, you can              does not incur tax. The tax effect of any franking credits earned
     transfer it into FirstWrap Plus Personal Super at any time subject to   from your investments will be rebated to your cash account when
     meeting any UK requirements and Australian contribution rules.          the tax return for the Fund is completed.
     Your adviser can assist you with this process. Your transferred         Please note that the tax information set out above is general
     UK money will generally be treated as a non-concessional                information only. You should consult your tax adviser for detailed
     contribution and counts towards your non-concessional                   tax advice specific to your circumstances.
     contributions cap.
     If you transfer UK pension scheme money into FirstWrap Plus
     Personal Super, any subsequent payments made from FirstWrap
     Plus Personal Super, within certain time limits, may cause you to
     have an additional tax liability under UK law. We are required
     to report to the UK authorities details of payments made from
     your account. You should consult with your adviser and obtain
     professional advice on the special tax rules and restrictions that
     may apply to a transfer from a UK pension scheme.
                                                                                                                                                 Part 2 – Other Information   21




How much can be contributed to superannuation?
The following table provides a summary of the amount of money you can contribute to FirstWrap Plus Personal Super. In all cases
you should consult with your adviser on your individual circumstances.


 Contribution categories
 Category              Contribution type                Maximum contribution and taxation impact

 Concessional          W Super guarantee (SG)           Concessional contributions:
 contributions         W Award contributions            W are taxed by the Fund at 15%
                       W Voluntary employer             W you are taxed, as part of your annual taxation return, on amounts above the concessional cap
                         contributions                     at 31.5%.
                       W Salary sacrifice               The concessional cap:
                         contributions                  W is $25,000 per annum
                       W Personal deductible            W is indexed annually to Average Weekly Ordinary Time Earnings (AWOTE) but only adjusted
                         contributions                     in $5,000 increments
                       W Employer directed              W is $50,000 per annum (not indexed) until 30 June 2012 if you are 50 or over.
                         termination payments
                                                        Any concessional contributions made in excess of your concessional cap will be counted against
                                                        your non-concessional contribution cap (below), and may result in additional taxes applying to
                                                        the amount of excess contribution.
                                                        If less than 10% of your assessable income plus reportable fringe benefits and reportable
                                                        superannuation contributions* is attributable to work as an employee, you can generally claim a tax
                                                        deduction for 100% of all contributions up to age 75. This will be relevant to many self-employed
                                                        people. Other conditions apply.
                                                        Transitional employer directed termination payments (DTP) are subject to a DTP cap. The taxable
                                                        components of a DTP are taxed as a concessional contribution. The taxable components of any excess
                                                        DTP, being the amount over the DTP cap, are assessed against your concessional contributions cap.

 Non-                  W Personal contributions         Non-concessional contributions:
 concessional            (for which no tax              W are not taxed by the Fund
 contributions           deduction has                  W you are taxed, as part of your annual taxation return, on amounts above the non-concessional
                         been claimed)                     cap at 46.5%.
                       W Spouse contributions
                                                        Non-concessional cap:
                                                        W the non-concessional cap is $150,000 per annum (ie six times the concessional contributions cap)
                                                        W if you are under 65 you can ‘bring forward’ two years worth of contributions, allowing $450,000
                                                           over three years
                                                        W all non-concessional, excessive CGT and excessive contributions will count towards your
                                                           non-concessional cap.
                                                        Where we receive a single non-concessional contribution which is in excess of $450,000, we will
                                                        contact your adviser to arrange for the excess funds to be refunded. However, we cannot refund
                                                        contributions which cumulatively exceed the contributions cap. We can only accept a s290-170
                                                        notice annually or on account closure.
                                                        If you are aged 65 (at 1 July of the financial year) or over you can only make non-concessional
                                                        contributions provided you satisfy a work test as set out in the Superannuation Industry
                                                        (Supervision) regulations.

 Exemptions            W CGT                            Certain contributions made from the sale of small business assets will count towards a separate
 from the non-         W Personal injury                CGT cap currently of $1,155,000, indexed to AWOTE from 1 July each year, but only adjusted in
 concessional                                           $5,000 increments. CGT contributions in excess of the CGT cap are assessed against the non-
 contributions                                          concessional contributions cap. We recommend you speak with your adviser if you intend to make
 limit                                                  a CGT contribution.
                                                        Contributions made from a personal injury structured settlement, an order for a personal injury
                                                        payment or lump sum worker’s compensation payment are exempt from all caps if made within
                                                        90 days after the receipt of the payment or date of agreement or court order.

* Reportable superannuation contributions includes, as an example, salary sacrifice contributions made by an employer above the level required under the Superannuation
  Guarantee legislation.
22   Part 2 – Other Information




     Types of contributions in FirstWrap Plus Personal Super and the tax implications
     You can make the following types of contributions to your account in FirstWrap Plus Personal Super. Any tax payable will be deducted
     from your account. We recommend you speak to your adviser about your contribution options.


       Contribution type             Explanation                                                                     How your contribution is taxed

       Personal                      Any payments made from your own after-tax money.                                Personal contributions for which you are not claiming
       contributions                 These contributions are referred to as ‘non-concessional                        a tax deduction do not attract contributions tax.
       (non-concessional)            contributions’ if you do not claim a tax deduction for them.

       Personal                      These are payments made from after-tax money and for which                      Contributions tax of 15% will apply if you receive a tax
       contributions                 a tax deduction is claimed.                                                     deduction for these contributions.
       (concessional)                If less than 10% of your assessable income plus reportable
                                     fringe benefits and reportable superannuation contributions1
                                     is attributable to work as an employee (eg you are substantially
                                     self-employed) then you may be eligible to claim a tax deduction.
                                     Other conditions also apply.

       Employer                      Your employer can make contributions into your account.                         Any employer contributions made on your behalf are
       contributions                 These may include mandated Superannuation Guarantee and/or                      included in the assessable income of FirstWrap Plus
                                     Award contributions or one-off contributions. Your employer can                 Personal Super and are taxed at the rate of 15%.
                                     also deduct salary sacrifice contributions from your salary and
                                     pay them into your account.

       Spouse                        Superannuation contributions can be made on your behalf                         Spouse contributions are treated as non-concessional
       contributions                 by a spouse.                                                                    contributions and count towards your non-concessional
                                                                                                                     contributions cap. No contributions tax is deducted
                                                                                                                     from spouse contributions received into your account.
                                                                                                                     Your spouse may be able to claim a tax rebate of up
                                                                                                                     to $540 pa on spouse contributions if both you and
                                                                                                                     the spouse are Australian residents. For this purpose a
                                                                                                                     spouse includes persons living together on a bona fide
                                                                                                                     domestic basis as a couple although not legally married
                                                                                                                     to each other, but does not include persons separated
                                                                                                                     or living apart from one another on a regular basis.

       Rollovers and/                This contribution type may include:                                             Tax of 15% will apply to any untaxed component of
       or directed                   W a rollover from another complying superannuation fund                         a rollover when received into your member account.
       termination                   W lump sum payments from employers such as directed
       payments                          termination payments
                                     W a lump sum payment from a Retirement Savings Account (RSA)
                                     W lump sum withdrawals (commutations) from pensions and/or
                                         annuities purchased with superannuation benefits.

       Co-contributions              The Federal Government matches every $1 of personal                             Government co-contributions are treated as
                                     contributions an eligible person makes to their super account                   non-concessional contributions but do not count
                                     with a co-contribution of up to $1. The maximum co-contribution                 towards your non-concessional contributions cap.
                                     is $1,000 for a $1,000 personal contribution.                                   No contributions tax is deducted from co-contributions
                                     To be eligible to receive the full co-contribution of $1,000 you                received into your account.
                                     must have total assessable income plus reportable fringe benefits
                                     and reportable superannuation contributions1 of $31,920pa (from
                                     1 July 2009 until 30 June 2012) or less and have made a personal
                                     contribution of $1,000pa You must not have claimed a tax
                                     deduction for that contribution. You must also be under age 71 at
                                     the end of the year of income. Self-employed persons who meet
                                     the eligibility requirements may qualify for the co-contribution.
                                     The co-contribution phases out at a rate of 3.33 cents for every
                                     dollar earned above $31,920pa, cutting out at $61,920pa.

     1 Reportable superannuation contributions includes, for example, salary sacrifice contributions made by an employer above the level required under the Superannuation
       Guarantee legislation.
     The tax information set out above is general information only and is provided by way of summary. You should consult your tax adviser for detailed tax advice specific to
     your circumstances.
                                                                                                                       Part 2 – Other Information   23




Release authorities                                                      Withdrawals from FirstWrap
If you make excess concessional or non-concessional contributions        Plus Personal Super
in a year, you may be subject to excess contributions tax as
                                                                         The Fund (of which FirstWrap Plus Personal Super forms a part)
outlined in the above table. In these circumstances, you will receive
                                                                         is maintained as a complying superannuation fund and, as such,
a release authority (RA) from the Australian Tax Office (ATO) with
                                                                         withdrawals from FirstWrap Plus Personal Super are restricted
your excess contributions tax assessment. RAs are used to withdraw
                                                                         according to relevant superannuation law. This section provides
your excess contributions tax liability from your cash account.
                                                                         details of the circumstances in which withdrawals can be made
                                                                         from your investment in FirstWrap Plus Personal Super.
Non-concessional release authorities
                                                                         Generally, you cannot access your superannuation until you
If you have an excess non-concessional contributions tax liability it
                                                                         have reached age 65 or you have retired after reaching your
must be withdrawn from your cash account. You may be liable for
                                                                         preservation age (see table below) – although you can still roll
an administrative penalty if you do not provide a non-concessional
                                                                         over or transfer to another complying fund at any time (subject to
RA to FirstWrap Plus Personal Super within 21 days of the date of
                                                                         any relevant limitations if you hold illiquid investments). Once you
the RA. Where you provide an RA to FirstWrap Plus Personal Super,
                                                                         have reached age 65 or retired after reaching your preservation
we have 30 days in which to action the RA by either paying the
                                                                         age, you can withdraw your superannuation or you can roll over
amount directly to you or to the ATO (based on your request).
                                                                         your benefits into an allocated pension. Alternatively, if you have
                                                                         reached your preservation age and are still working, you can take
Concessional release authorities                                         your benefit in the form of a non-commutable income stream.
If you have an excess concessional contributions tax liability,
                                                                         Your preservation age is determined by your date of birth.
part or all of any excess concessional contributions tax can be
                                                                         Please refer to the table below for details.
withdrawn from your cash account. You are not compelled to
withdraw these amounts if you would prefer to pay the liability
from non-superannuation funds. If you choose to withdraw                  Date of birth                                   Preservation age
this amount from your cash account, you must provide your                 Before July 1960                                                  55
RA to FirstWrap Plus Personal Super within 90 days of the date
                                                                          From 1 July 1960 to 30 June 1961                                  56
on the RA.
If you do not pay an excess contributions tax liability within 21 days    From 1 July 1961 to 30 June 1962                                  57
of the date of the notice of assessment, you may be liable for an         From 1 July 1962 to 30 June 1963                                  58
interest charge calculated under the Taxation Administration Act
                                                                          From 1 July 1963 to 30 June 1964                                  59
1953. Please contact the ATO for further information.
                                                                          On 1 July 1964 or after                                           60
How old are you?
Generally, your super contributions must be made before you              We and/or your adviser may be required to carry out a procedure
turn age 75 (or 28 days after the end of the month in which              to identify you, or in the event of death, your beneficiary,
you turn age 75).                                                        and to verify the identification information, for the purposes of
If you are age 65 or over, the work test may require you to work         anti-money laundering and counter-terrorism financing laws.
at least 40 hours in a period of no more than 30 consecutive days        We will not process the withdrawal request until all information
during the financial year for you, your employer or your spouse          required is received.
to make certain types of super contributions.                            Superannuation benefits are classified in the following
                                                                         three components:
                                                                         W preserved benefits
                                                                         W restricted non-preserved benefits
                                                                         W unrestricted non-preserved benefits.
                                                                         The value of your account is also classified in these above
                                                                         three components.
24   Part 2 – Other Information




     Preserved benefits                                                           How to make withdrawals from
     You can gain access to your preserved benefits in FirstWrap Plus             FirstWrap Plus Personal Super
     Personal Super if you satisfy one of the following conditions of             You have a number of options in deciding what to do with your
     release as summarised below.                                                 superannuation benefit. These include converting your benefit
                                                                                  to a pension and/or taking the benefit in cash. The taxation
      Conditions of release                                                       applicable to your benefit will differ according to your age and
                                                                                  the manner in which you receive your benefits.
      W If you reach age 65.
      W If you reach your preservation age and take your benefit in the form      Subject to meeting a condition of release, you can request either
        of a non-commutable income stream.                                        a full or partial withdrawal from FirstWrap Plus Personal Super
      W If you terminate employment on or after age 60.                           at any time by forwarding a completed and signed withdrawal
      W If you reach preservation age and retire.                                 request form. Your adviser can provide you with this form.
      W If you die.                                                               If you are making a partial withdrawal, you must ensure you
      W Permanent incapacity or temporary incapacity subject to                   maintain the minimum required balances for your member
        restrictions in superannuation legislation.
                                                                                  account and cash account. If your cash account balance is
      W If you qualify for an early release of benefits on the basis of ‘severe
                                                                                  insufficient to pay the withdrawal and at the same time maintain
        financial hardship’ as defined in superannuation legislation.
                                                                                  the minimum required cash account balance, investments held
      W If you satisfy the regulator that your benefits should be released on
        ‘compassionate grounds’ as defined in superannuation legislation.         in respect of your account need to be sold and converted to cash
      W If you have been a temporary resident of Australia and have               before any payment to you is made. In such circumstances, we
        permanently left Australia and satisfy the associated superannuation      will not pay the withdrawal until it receives instructions from your
        law requirements within six months (DASP payment).                        adviser as to the investments to be sold. There may be some
      W If you have been a temporary resident of Australia and not                delays experienced when withdrawing and/or transferring funds
        requested a DASP payment of your account balance we may be                due to processing or restrictions imposed by the investment
        required to transfer it to the ATO.
                                                                                  managers of some investments.
      W If you receive a release authority (RA) which is presented to a
        super fund to release benefits to satisfy an excess contributions         Subject to the above, payment will be processed within three
        tax assessment.                                                           days of us receiving your signed and completed withdrawal
      W If you have been a lost member and subsequently found,                    request form, provided there are sufficient funds in your cash
        and the value of your benefit when released is less than $200.            account. Payment can be made by cheque or deposited into
      W If you have a ‘terminal medical condition’ as defined within              your nominated bank account.
        superannuation legislation.
                                                                                  You can also choose to transfer your superannuation account to
                                                                                  FirstWrap Plus Pension. If you transfer to FirstWrap Plus Pension
     You can also roll over your preserved benefits to another                    you will not realise any capital gain or loss. Your adviser can assist
     complying superannuation fund, retirement savings account,                   you with this transfer.
     deferred annuity or approved deposit fund.
     Since 1 July 1999, all new contributions and investment earnings
     credited to a superannuation account and non-commutable
     income stream are preserved.

     Restricted non-preserved benefits
     Access to your restricted non-preserved benefits is also subject to
     the conditions of release. However, you can access these benefits
     if you cease gainful employment with an employer who had made
     contributions in respect of the restricted non-preserved monies.

     Unrestricted non-preserved benefits
     Your unrestricted non-preserved benefits can be withdrawn
     at any time.
                                                                                                                                                      Part 2 – Other Information   25




Tax payable on withdrawals
Lump sum withdrawals from FirstWrap Plus Personal Super (and commutations from FirstWrap Plus Pension) are known as superannuation
lump sum payments. The amount of tax payable depends on the individual components making up the benefit and your age at the date
of withdrawal. Please note there is no tax payable on rollovers to other superannuation funds.


  Component                     Source of benefits                                                                               Taxation of benefits

                                                                                                                                 At your preservation
                                                                                                                                 age (between 55
                                                                                                           Under age 55          and 59)                           Age 60+

  Taxable component             W concessional contributions made from 1 July 2007                         20% +                 0% on the first $160,000          Tax free
                                W superannuation benefits accrued from 1 July 1983                         Medicare Levy         15% + Medicare Levy on
                                  (previously referred to as the post-June 1983 component)                                       amounts over $160,000
                                W non-qualifying components

  Tax-free component            W non-concessional contributions made from 1 July 2007                     Tax free              Tax free                          Tax free
                                W superannuation benefits accrued prior to 1 July 1983
                                  (previously referred to as the pre-July 1983 component)
                                W your personal contributions made post 30 June 1983,
                                  for which no tax deduction has been claimed (previously
                                  referred to as undeducted contributions)
                                W proceeds from an amount elected to be exempt from
                                  CGT of up to $500,000, resulting from the sale of a
                                  small business since 1 July 1997 (previously referred to as
                                  CGT-exempt component)
                                W invalidity payments made since 1 July 1994
                                W payments made prior to 1 July 1994 that resulted
                                  from bona fide redundancy, invalidity or approved
                                  early retirement schemes (previously referred to as
                                  concessional components)

Notes:
The components of your withdrawal will be required to be in the same proportion as the components in your account at the time of the withdrawal.
The tax information noted above is based on tax law current at the date of this document. The current Medicare Levy is 1.5%. Tax rates and thresholds are applicable
for the 2010–11 financial year. Tax thresholds are indexed to AWOTE.
The tax information set out above is general information only and is provided by way of summary. You should consult your tax adviser for detailed tax advice specific
to your circumstances.



Temporary residents                                                                         W you leave Australia

If you are a temporary Australian resident, you can only receive                            W your temporary visa has ceased to have effect.
a super benefit in limited circumstances. Additionally, if you leave                        If you are a temporary resident, you may only otherwise be paid
Australia and your visa expires, we may be required to pay your                             the following super benefits from FirstWrap Plus Personal Super:
account balance to the ATO.                                                                 W a death benefit
From 1 April 2009, changes to legislation have restricted                                   W a total and permanent disablement, temporary incapacity
the circumstances in which a temporary resident may be paid                                   or temporary disablement benefit
a super benefit.                                                                            W a terminal illness benefit
You are entitled to a temporary resident permanently departing                              W payment of excess contributions tax.
Australia (DASP) benefit equal to your account balance (less tax
                                                                                            Tax is withheld by the Fund from the taxable component
and any applicable charges), if:
                                                                                            of a DASP benefit. You should refer and talk with your adviser
W you entered Australia on a temporary visa                                                 about the tax that may apply to your super benefits.
W you are not an Australian or New Zealand citizen, permanent
  resident in Australia or the holder of a 405 (investor retirement)
  or 410 (retirement) visa
26   Part 2 – Other Information




     If you have not requested a DASP benefit within six months of the    Where a death benefit is to be paid as an income stream to
     later of your temporary visa expiring and you leaving the country,   a dependant, the definition of a ‘child’ dependant is limited
     we may be required to pay your account balance to the ATO.           to children who are:
     In these circumstances you will no longer be a member of             W less than 18 years of age
     FirstWrap Plus Personal Super and you will lose any insurance        W financially dependent on the member and less than
     cover. You will also no longer be invested in your chosen              25 years of age
     investment option. You can claim the balance from the ATO            W disabled, as defined.
     but generally no interest accrues on your account balance
     from the time it is paid to the ATO. Please speak to your adviser    When the child reaches age 25, assuming he or she is not
     for further information.                                             permanently disabled, the pension must be commuted into
                                                                          a tax-free lump sum payment.

     What happens if you die?                                             Binding nominations
     In the event of death while still a member of FirstWrap Plus
                                                                          Outlined below are the requirements to request a binding
     Personal Super, a benefit will become payable comprising the
                                                                          nomination. As there may be estate planning and tax
     balance of your member account (after the deduction of any
                                                                          consequences, we suggest you discuss this with your adviser.
     fees and taxes due) and any insured benefit which you may
     have purchased.                                                      A binding nomination allows you to nominate your dependants
                                                                          and/or legal representative to whom you wish your benefits to
     Superannuation benefits do not automatically form part of
                                                                          be paid and the proportion of your benefits to be paid. Your
     the assets covered by your will. The payment of superannuation
                                                                          nomination is binding on us; we will pay your benefits on your
     benefits is subject to superannuation law and the terms of the
                                                                          death in accordance with your instructions. We may, however,
     Trust Deed.
                                                                          consult with your beneficiaries on the most appropriate method
                                                                          of payment, that is, whether the benefits are paid out as a
     Compensation for detriment resulting                                 lump sum benefit or as an allocated pension. Please note the
     from tax on contributions                                            Government restricts the categories of persons who can receive
     Under the Income Tax Assessment Act, if a lump sum is paid           an income stream as part of a death benefit. As this may impact
     to a member’s dependant (either directly or indirectly via the       on your choice of beneficiary it is important for you to consult
     deceased estate), we may pay an amount calculated under              with your adviser.
     taxation laws in addition to the lump sum death benefit reflecting   A binding nomination is only valid if each of the following
     the tax on contributions. Contact your adviser or us if you need     requirements is met:
     more details about this.
                                                                          W it is in writing
     Who are dependants?                                                  W it is signed and dated by you in the presence of two witnesses
                                                                            (both must be over 18 years of age and not be beneficiaries
     We are required to pay the benefit, where it can, to a dependant
                                                                            under the nomination)
     or your legal personal representative. A ‘dependant’ is a spouse,
     child, financial dependant, any person with whom, in our opinion,    W it contains a declaration signed and dated by both witnesses
     you have an interdependency relationship, or is defined within         stating the nomination was signed by you in their presence
     superannuation legislation as a dependant.                           W it is not more than three years from the date of signing
     Two persons (whether or not related by family) have an               W a dependant or legal representative (executor or administrator
     interdependency relationship if:                                       of your estate) is nominated
     W they have a close personal relationship                            W the proportion of benefits paid is clearly nominated
                                                                            (and the proportions add up to 100%)
     W they live together
                                                                          W it has not been revoked
     W one or each of them provides the other with financial support
                                                                          W it has been received and approved by us.
     W one or each of them provides the other with domestic support
       and personal care.                                                 It is important to note that a binding nomination on your death
                                                                          will only be valid if all of the nominated beneficiaries are alive and
     If two persons have a close personal relationship but either
                                                                          qualify to receive the benefits. It is important you review your
     or both of them suffer from physical, intellectual or psychiatric
                                                                          nomination regularly, given these nominations are valid for three
     disability such that the disability is the reason they cannot
                                                                          years, and to ensure the beneficiaries nominated qualify to receive
     satisfy the other requirements above, they still have an
                                                                          the benefits and your wishes are met.
     interdependency relationship.
                                                                                                                                    Part 2 – Other Information   27




You can renew, change or revoke your nomination at any time.                          Insurance
You will be provided with details of your current nomination
in your annual member benefit statement.                                              Your insurance options
                                                                                      Investors in FirstWrap Plus Personal Super have the option to take
Non-binding nominations
                                                                                      out insurance cover in addition to their investments. The following
You may instead choose to make a non-binding nomination                               insurance benefits are available:
whereby you provide us with details of your beneficiaries and/
                                                                                      W life insurance cover
or legal representative, but which we are not bound to follow
in the event of your death. Instead, we will make a decision                          W life insurance cover with total and permanent disablement
after acquiring details of your dependants and other personal                           (TPD) cover
circumstances at the time of your death. We are required to pay                       W income protection cover.
the benefit, where we can, to a dependant.
                                                                                      The insurer
  Tax on death benefits paid to a dependant                                           Insurance benefits provided by the LifeProtect Insurance product
                                                                                      are currently underwritten by The Colonial Mutual Life Assurance
                  Age of
  Payment         deceased         Age of
                                                                                      Society Limited ABN 12 004 021 809, trading as CommInsure,
  method          member           beneficiary         Taxation                       and are issued under the terms and conditions of a policy
                                                                                      document issued to us. We, on request, will provide a copy of
  Lump sum        Any age          Any age*            Tax free
                                                                                      the policy document, free of charge. We may change the insurer
  Pension         60 years         Any age             Tax free                       from time to time, as we consider appropriate. We reserve
                  and over                                                            the right to vary insurance arrangements at any time, subject
  Pension         Under 60         60 years            Tax free                       to the Trust Deed and relevant law. You will be notified of any
                  years            and over                                           significant change to the insurance policy covering your terms
                                                                                      and conditions. If you choose an insurance cover option, you will
  Pension         Under 60         Under 60            Beneficiary’s marginal
                                                                                      receive an Insurance Benefits Schedule setting out details relevant
                  years            years               tax rate + Medicare
                                                       Levy on the taxable            to your chosen and accepted cover.
                                                       component until the            We will not be liable to pay the amount of any part of insured
                                                       reversionary beneficiary
                                                                                      benefits which have not been received from CommInsure.
                                                       turns 60, at which time
                                                       it will become tax free.
                                                       Beneficiary is entitled        Insurance information
                                                       to a 15% tax offset on
                                                                                      Important information regarding the insurance benefit available to
                                                       this amount.
                                                                                      you is outlined in the LifeProtect Insurance brochure available via
* Adult children (over 18) must prove financial dependence to be eligible for a tax   the LifeProtect Insurance brochure link at colonialfirststate.com.
  concession, otherwise they will be taxed as a non-dependant.
                                                                                      au/firstwrap/investors. Alternatively your adviser or we can provide
                                                                                      you this brochure free of charge.
  Tax on death benefits paid to a non-dependant                                       Details regarding insurance premiums are outlined in Part 1 –
                  Age of                                                              Key Information, and in the LifeProtect Insurance brochure.
  Payment         deceased         Age of
  method          member           beneficiary         Taxation
                                                                                      If you wish to apply for insurance cover, you must complete an
                                                                                      insurance application form and personal statement. CommInsure
  Lump sum        Any age          Any age             15% tax + Medicare             will individually assess your application and, if your application
                                                       Levy on the taxable
                                                                                      is accepted, you will be provided with an Insurance Benefits
                                                       component
                                                                                      Schedule outlining your insurance benefit details. CommInsure
  Pension         Any age          Any age             Not applicable. Pensions       may request further evidence, including medical information
                                                       cannot be paid to a            from you or one of your doctors, to complete your application.
                                                       non-dependant
                                                                                      If further information is required, your adviser will contact
                                                                                      you directly.
Please note that the tax information set out above is general
information only and is provided by way of summary. You should
consult your tax adviser for detailed tax advice specific to
your circumstances.
28   Part 2 – Other Information




     4 Pension


     Making contributions into                                                                     If you are rolling over other superannuation benefits into FirstWrap
                                                                                                   Plus Pension via cheque, then the rollover cheque should be made
     FirstWrap Plus pension                                                                        payable to:
     To establish an allocated pension, you must have received
                                                                                                   AIL: FirstWrap Plus Pension – Your Name
     a superannuation lump sum payment consisting entirely of
     an unrestricted non-preserved component. Generally, this will                                 and sent to:
     occur when you receive a payment from a superannuation                                        FirstWrap
     fund upon retirement. If you are a temporary resident, you                                    Locked Bag 3460
     may not be eligible to establish a pension. Refer to page 25                                  GPO Melbourne VIC 3001
     for further information.
                                                                                                   Once a pension account has been established you cannot make
     You can also establish a transition to retirement                                             any further contributions to that pension. However, you may be
     (non-commutable) pension, also referred to as a ‘transition                                   able to set up another pension. Therefore, it may be convenient
     to retirement income stream’, within FirstWrap Plus Pension once                              for you to consolidate your monies into FirstWrap Plus Personal
     you reach your preservation age, regardless of your employment                                Super prior to transferring to FirstWrap Plus Pension.
     status. A transition to retirement (non-commutable) pension is
                                                                                                   It is important to note that a pension may not provide an income
     a form of allocated pension. Preserved, restricted non-preserved
                                                                                                   stream for the remainder of your life. Pension payments will only
     and unrestricted non-preserved benefits can be transferred from
                                                                                                   be made while there is enough money in your member account.
     your current superannuation arrangements into a transition to
     retirement (non-commutable) pension and used to commence                                      How you are taxed on your pension payments will depend on your
     an income stream even if you are still employed. The money                                    age and the date you commenced your pension. See the table
     in a non-commutable pension generally cannot be commuted                                      below for details.
     (converted to a lump sum) except in some limited circumstances.
     If you are an existing member of FirstWrap Plus Personal Super
     you can easily convert part or all of your account balance into
     FirstWrap Plus Pension.



       Pension                    Payments
       commenced                  received                   Your age at the time your pension payment is made

                                                             55 to 59                                                        60+

       Prior to 1 July 2007       Post 30 June 2007          Amount of pension less a deductible amount is                   The whole amount of the pension is excluded from
                                                             included in your assessable income and taxed                    your assessable income and is generally tax free.
                                                             at your marginal rate. A 15% tax offset may be
                                                             available to reduce your tax payable.

       Post 30 June 2007          Post 30 June 2007          Amount of pension less an annual tax-free                       The whole amount of the pension is excluded from
                                                             amount1 is included in your assessable income and               your assessable income and is generally tax free.
                                                             taxed at your marginal rate. A 15% tax offset may
                                                             be available to reduce your tax payable.


     1 The calculation of the tax-free amount will be based on the proportion of the components used to purchase the pension. For example, if you purchase a pension with
       a rollover that is made up of 30% tax-free component and 70% taxable component, your tax-free amount will be 30% of the amount of pension you receive.
     Note: If you turn 60 during the financial year, the amount of tax deducted will vary to take this into consideration.



     The tax information set out above is general information only and is provided by way of summary. You should consult your adviser
     for detailed tax advice specific to your circumstances.
     No tax is paid on investment earnings generated within FirstWrap Plus Pension.
                                                                                                                     Part 2 – Other Information   29




Making withdrawals                                                    You can choose a term that is any number of years in between:
                                                                      a your life expectancy at the commencement of the pension
Withdrawals from FirstWrap Plus Pension                               b the period of years that is the difference between your age
Withdrawals from FirstWrap Plus Pension can be made either              and 100.
as regular pension payments or as commutations.                       Alternatively, if your spouse is your reversionary beneficiary and
There are government rules affecting the amount of pension            has a longer life expectancy than you, you can choose a term that
payments from an allocated pension. Different rules apply to          is any number of years in between:
pension payments depending on whether you take out an allocated       W your spouse’s life expectancy at the commencement
pension or a transition to retirement pension. The rules applicable     of the pension
to each type of pension are as follows:                               W the period of years that is the difference between your
                                                                        spouse’s age and 100.
Allocated pension payments
                                                                      You can access the latest life expectancy tables from
Allocated pension payments must satisfy the following rules:          aga.gov.au/publications/#life_tables to determine the life
W at least one payment must be received each financial year,          expectancy of you and your spouse. You should round up
  unless the initial investment into the pension was made             the number of years to the nearest whole year.
  between 1 June and 30 June. In this case, no pension payment
                                                                      As a general rule, no withdrawals are allowed from a term
  is required in that financial year
                                                                      allocated pension. There are, however, some limited exceptions
W your pre-tax annual payment must be at least equal to the           to this rule, namely:
  prescribed minimum amount set by the Government (based on
                                                                      W you wish to purchase another complying pension (a minimum
  your age, account balance and government mandated pension
                                                                        pension amount would still be required to be taken for the
  valuation factors at commencement or 1 July each year)
                                                                        relevant portion of the year)
W where you invest during the year your initial prescribed
                                                                      W you (and your reversionary beneficiary (if applicable))
  minimum amount will be reduced according to the number
                                                                        die before the end of the term
  of days left in the year.
                                                                      W you need to withdraw monies to meet any surcharge
You can choose to receive the minimum pension or any fixed              payments related to the amount used to commence your
amount above the minimum.                                               term allocated pension
Your account balance within FirstWrap Plus Pension is paid to you     W to give effect to a family law payment split.
via regular pension payments, which continue until there are no
                                                                      If you receive a release authority and present it to FirstWrap Plus
more funds remaining.
                                                                      Pension we will release benefits to satisfy an excess contributions
                                                                      tax assessment.
Term allocated pension payments
                                                                      If your commutation results in a full withdrawal from FirstWrap
Term allocated pension payments must satisfy the following rules:
                                                                      Plus Pension, we are required to pay your pension amount for
W you must receive at least one payment each financial year,          the relevant portion of that financial year. If you have already
  unless the initial investment into the pension was made             received more than this minimum amount there is no further
  between 1 June and 30 June. In these cases no pension               income payment.
  payment is required in that financial year
                                                                      Term allocated pension payments can be made fortnightly,
W your annual payment is set at the time you take out a term
                                                                      monthly, quarterly, half-yearly or annually. Changes to the
  allocated pension and annually on 1 July. Your pension amount
                                                                      frequency of payments can be made at any time.
  is calculated using a schedule of payment factors and your
  account balance. Your adviser can provide you with a copy
                                                                      Transition to retirement (non-commutable) pensions
  of these payment factors.
                                                                      Transition to retirement (non-commutable) pensions allow you
You are able to nominate an annual payment amount that is:
                                                                      to access your superannuation as a pension while you continue
a not less than the amount calculated, less 10% of that amount        to work. To access your super through a non-commutable pension
b not greater than the amount calculated, plus 10% of that amount.    you must have reached your preservation age. The money in
                                                                      a non-commutable pension generally cannot be commuted
                                                                      (converted to a lump sum) except in some limited circumstances.
30   Part 2 – Other Information




     Any benefits you receive as pension payments in the form of      You will not be able to commute (convert to a lump sum) your
     a non-commutable pension must be cashed in the following         transition to retirement term allocated pension unless it is under
     order: unrestricted non-preserved, restricted non-preserved,     the following circumstances:
     and preserved.                                                   W within the first six months from the commencement
     This pension has the same conditions and payment rules as          of the pension you are withdrawing an unrestricted
     the allocated pension, except that:                                non-preserved benefit
     W a maximum amount of 10% of the account balance can             W to pay a superannuation surcharge
       be taken as an annual pension payment. For example,            W to satisfy a Family Law payment split
       if a 55 year old commences a $100,000 transition to            W where you meet a condition of release such as retirement
       retirement allocated pension on 1 July 2010 the minimum          or reaching age 65
       and maximum amounts are as follows:
                                                                      W where you rollover or transfer to another complying income
        W minimum amount: $2,000 ($100,000 x 2%)                        stream product
        W maximum amount: $10,000 ($100,000 x 10%)                    W where you transfer your pension back into superannuation
     W you will not be able to commute (convert to a lump sum)          to accumulate further benefits (must be within the first six
       your transition to retirement allocated pension unless it is     months of commencing your pension)
       under the following circumstances:                             W if you receive a release authority and present it to FirstWrap
        W withdrawal of an unrestricted non-preserved benefit           Plus Super and Pension in order to release benefits to satisfy
        W to pay a superannuation surcharge                             an excess contributions tax assessment
        W to satisfy a Family Law payment split                       W where you are a temporary resident and have permanently
        W where you meet a condition of release such as retirement      departed Australia.
          or reaching age 65
                                                                      Payments and the tax you will pay
        W where you roll over or transfer to another complying
          income stream product                                       Pension payments are tax free when you reach age 60 and over.
                                                                      If you are under age 60, pension payments made from your
        W where you transfer your pension back into superannuation
                                                                      account are generally taxable at your marginal rate of tax plus
          to accumulate further benefits
                                                                      the Medicare Levy. Depending on the superannuation components
        W if you complete a release authority and present it to       rolled into your member account, some of your pension payment
          us to release benefits to satisfy an excess contribution    may be partially or fully tax free. If you are over age 55 you may be
          tax assessment                                              entitled to a tax offset/rebate on the taxable income you receive
        W where you are a temporary resident and have permanently     from your pension investment. Disabled members under age 55
          left Australia.                                             may also be entitled to this tax offset/rebate.

     Transition to retirement (non-commutable)                        Commutations and the tax you will pay
     term allocated pensions                                          A commutation is a lump sum withdrawal and is taxed as
     You can access your super while remaining in the workforce       a superannuation lump sum payment (refer to tax payable on
     by establishing a transition to retirement (non-commutable)      withdrawals on page 25). Your commutation must include both
     term allocated pension. This pension has the same conditions     taxable and tax-free components in the same proportions held
     and payment rules as the term allocated pension, except that     in your account. After a partial commutation is made it may be
     a maximum amount of 10% of the account balance applies           necessary to recalculate and reduce the tax-free amount of future
     to the annual pension payment calculated. For example, if a      pension payments.
     55 year old commences a $100,000 transition to retirement
                                                                      Should you wish to withdraw all or part of the balance of your
     term allocated pension on 1 July 2010 the maximum annual
                                                                      member account, investments held in respect of your account
     pension amount is $10,000.
                                                                      may need to be sold and converted to cash before any payment
                                                                      to you is made.
                                                                      Please note the tax information set out above is general
                                                                      information only and is provided by way of summary.
                                                                      You should consult your tax adviser for detailed tax advice
                                                                      specific to your circumstances.
                                                                     Part 2 – Other Information   31




For FirstWrap Plus Pension members –
nomination of a reversionary pensioner
If you are a member of FirstWrap Plus Pension, you can nominate
a person (a reversionary pensioner) to continue to receive
the pension payments in the event of your death.
The nomination will be binding on us, but the person you
nominate must be dependent on you at the time of your
death. Once elected, you cannot change a nominated
reversionary pensioner.
Alternatively, you can complete a binding nomination
which allows you to nominate your dependants and/or legal
representative to whom you wish your benefits to be paid
and the proportion of your benefits to be paid. Your nomination
is binding on us, so we will pay your benefits on your death in
accordance with your instructions. Benefits are paid out as a lump
sum benefit or as an allocated pension, as applicable. Please note
that the Government restricts the categories of persons who can
receive an income stream as part of a death benefit. As this may
impact on your choice of beneficiary it is important for you to
consult with your adviser.
Alternatively, you can complete a non-binding nomination.
We will have regard to any such nomination by you, but will
not be bound to follow it. If you do not nominate a reversionary
pensioner or make a binding nomination, we will determine
how the benefits will be allocated on your death in accordance
with the Trust Deed and relevant law.
Please note that a member of FirstWrap Plus Pension
cannot have both a reversionary beneficiary and a binding/
non-binding nomination.
32   Part 2 – Other Information




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About the Colonial First State Group
The Trustee of FirstWrap and FirstWrap Plus Super and Pension, AIL, is part of the Colonial First State Group
(Colonial First State). Colonial First State has been helping Australians with their investment needs since
1988. As Australia’s largest investment and superannuation manager, Colonial First State has many strong
hands working for our investors. So you can feel confident we can help you reach your investment goals.


Our products                                                           Our people
Colonial First State provides investment, superannuation and           We never lose sight of the fact that we are responsible for other
pension products to individual, corporate and superannuation fund      people’s money. We make it our priority to deliver the kind of
investors. Our investment management expertise spans Australian        investment experience we’d like ourselves. It’s a big part of the
and globally listed securities, property, fixed interest and credit,   reason many of the people who work for Colonial First State are
cash and infrastructure.                                               also investors.
In addition, our FirstWrap and FirstChoice platforms offer a wide
variety of investment options, including cash, listed securities       Our awards
and funds managed by Colonial First State and other well-              At Colonial First State, our consistent, disciplined approach
known investment managers and specialist boutique managers.            to investing has been recognised by many awards within the
Colonial First State currently manages or administers more than        investment management industry. But it isn’t our style to rest on
$180 billion globally.                                                 our laurels – every day across our business, our focus is on delivering
                                                                       quality performance, great service and industry-leading products.




                                                                                                                                             16012/FS4434/0111

				
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