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					                                        A U T U M N               2 0 0 8

                                 to retire?
                                                 TIPS TO GET
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                                                          HOW TO BOOST

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                                                            YOUR SUPER

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                                                 SUPER’S A STRONG
                                                        GET ADVICE FROM
                                                            THE EXPERTS
    OVER 55         Consider a Transition to Retirement Pension?
                    For many, the word pension, conjures up images of retirees lining up

    & STILL
                    outside the bank before opening time, every second Thursday to cash
                    their Government pension cheque.

                    Whilst that may be the perception of pensions of old, there is a new
                    breed of retirement pensions that have emerged via super funds that
                    offer members aged over 55 and still working, great opportunities to
                    minimise their tax and boost their super nest egg as they count down

    How to boost    to retirement.
                    They are known as Transition to Retirement Pensions and allow members
    your super      to access their super while they are still working either part time of full time.

    as you           BUSS(Q) offers a Transition to Retirement Pension which is ranked
                     amongst Australia’s top performing funds, and offers members great

    count down       returns with no entry or ongoing administration fees.

    to retirement   There is no cost to roll your super over to a BUSS(Q) Pension and due to
                    the tax benefits of pension investments, you will receive a higher rate of
                    return compared to your super account. This means your money can work
                    harder for you, allowing you to plan for a more comfortable retirement.

                    What are the benefits?
                    Reduce the tax you pay
                    If you are aged 60 or over, the pension payments you receive will be
                    tax free. If you are aged between 55 and 60, your pension payments
                    will be taxed at your marginal tax rate. However, some of your pension
                    payments may be tax free and you’ll also receive a 15% tax offset on the
                    taxable portion of your payments.
                    These kinds of tax concessions can make a big difference to your
                    retirement nest egg.
                    Supplement your income
                    Taking up a BUSS(Q) Transition to Retirement Pension may allow you
                    to cut back on your working hours as you ease into retirement, because
                    you can access regular payments from your super fund, without having
                    to retire.
                    Increase your retirement savings
                    You may also find it a tax effective strategy to make additional
                    contributions to your super account via a salary sacrifice arrangement
                    with your employer, which will reduce the tax you pay and boost your
                    super nest egg. Then you could supplement your income with Transition
                    to Retirement Pension payments, so you have the same overall income.

                           “With a Transition to Retirement
                               Pension you can minimise your
                          tax and boost your super balance.”

How a Transition to
Retirement Pension
worked for Peter
Name: Peter
Age:    60
Status: Working but
        ready to retire
                                                                                a strong long term
CURRENT SITUATION                                                               investment
Current taxable income   $50,000 pa                                             We understand there
                                                                                have been a lot of media              and’s number
Less tax payable       - $10,350 pa                                                                             ee
                                                                                                                  n sl             on


Net income               $39,650 pa                                             reports over the past

                                                                                                                                                       un d
                                                                                                                    S(Q) ranked

                                                                                                                                                         by SuperRa
                                                                                few months regarding
Peter salary sacrificed $25,000 of his wage into his Transition to              the volatility of the share


                                                                                                                                                                   ti n
Retirement Pension, which reduced his taxable income to $25,000,

                                                                                market and its impact
                                                                                                                                            8     u nd
                                                                                                                                  Survey 200

in turn reducing the tax he had to pay. To ensure he still had enough           on super, and this may
to live on day to day, he then drew $25,000 out of his pension.                 have you feeling a little nervous.
                                                                                However it is vital to understand that the
AFTER MOVING TO A TRANSITION TO RETIREMENT PENSION                              turbulence being experienced in both the
                                                                                International and Australian share markets is
Gross salary               $50,000 pa
                                                  As a result P                 something that happens in the share market
Less salary sacrifice    - $25,000 pa                          eter
                                                saved $7,12                     from time to time.
New taxable income         $25,000 pa
                                                n tax which h                   Super has experienced 5 strong years of
Less tax payable         - $3,225 pa                          e was
                                               then able to                     growth and this market correction is part
Plus non tax pension     + $25,000 pa                       invest
                                              back into his                     of the normal economic cycle. Overall the
New net income             $46,775 pa                       super.
                                                                                share market provides a source of high long
                                                                                term growth. Market expectations are that
To explore the benefits of how a BUSS(Q) Pension can work
                                                                                Balanced investment options will have one
for you, call us on FREECALL 1800 657 216 and ask to speak
                                                                                negative year with low to negative returns
to a Money Solutions Personal Money Coach.
                                                                                every six years, with medium to strong
                                                                                returns during the years in between.
                                                                                The last major market correction was in 2002,

GET ADVICE FROM THE EXPERTS                                                     with subsequent years delivering strong
                                                                                results. BUSS(Q)’s Balanced Growth
                                                                                investment option returned a massive
Speak to a Financial Planner to develop your strategy
                                                                                18.9% at 30 June 2007, and taking into
To get the best out of your super, you need to set a long                       consideration the large market corrections
term strategy. As a member of BUSS(Q) we offer you                              that have occurred so far this financial year,
      access to a Money Solutions Personal Money Coach,                         BUSS(Q)’s average return for the 5 year period
           who can help you create a sound long term strategy to                to 29 February 2008 is still strong at 11.9%.
              meet your own personal needs.
                                                                                BUSS(Q)’s super products have continually
                  To better understand how you can get the best out             outperformed both industry and retail super
                   of your super:                                               fund’s median returns. Good results like
                                                                                these assist BUSS(Q) members plan for a
                              CALL US FREECALL                                  comfortable future.
                              1800 657 216                                      To develop your super strategy, it may
                    Financial advice in relation to your super is               assist you to speak to a Financial
                    included in your BUSS(Q) membership, so there
                    is no extra cost for this advice.                                     CALL US FREECALL
                                        Money Solutions Pty Ltd (AFSL 258145)             1800 657 216

Keep up to date with your super
MemberAccess is the quickest and
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                                                                 “You don’t have
easiest way to see your up to date                                                                                     Why not receive BUSS(Q)
super account details whenever you                              to wait for your
                                                                                                                       News electronically, and
want. Whether you want to see how                         statement to see how                                         help do your bit.
your investments are performing or
                                                             your money’s doing.”
advise BUSS(Q) of a change to your                                                                                     To register, send an e-mail
personal details, MemberAccess                                                                                         to
is the perfect way to do it.                                       SIMPLY LOG ONTO                                     and include ‘SubscribeRTR’
Check-out MemberAccess today.                                                                in the subject line.

                                                                                                                                                   BUSS(Q) News
                                                                                                                                                   is printed on
                                                                                                                                                   friendly paper.

   Contact us
   MAIL           GPO Box 2775                                                             CALL US FREECALL
                  Brisbane Qld 4001
                  Level 8, IBM Building                                                    1800 657 216
                  348 Edward Street
                  Brisbane Qld 4001
                                                                                           SIMPLY LOG ONTO
                  (07) 3013 8855

   Important Information
   The advice supplied in this publication is general advice only and does not take into account or consider your personal objectives, financial situation or needs.
   Before acting on this information, you should consider the appropriateness of the information to your individual needs or seek independent advice from a properly
   qualified professional. Before acquisition of a BUSS(Q) product, a Product Disclosure Statement should be obtained. Representatives of BUSS(Queensland) Pty
   Ltd are remunerated by way of salary. Neither the representatives nor directors of BUSS(Q) receive any commission or bonus for providing information or advice
   contained in this publication.

   A copy of BUSS(Q)’s Financial Services Guide may be downloaded from the BUSS(Q) website or you can request a copy by contacting
   BUSS(Q) on FREECALL 1800 657 216.
   Licence and registration numbers for: BUSS(Queensland) Pty Ltd ABN 15 065 081 281; ASF Licence 237860; RSE L0002158.
   BUSS(Q) ABN 85 571 332 201; SFN 268338948; Registration number R1055870.

                                                                                                                                                     RTR_AUTUMN 08

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