Get documents about "Choice of Superannuation Fund choice form -
Document Sample
Choice of Superannuation Fund choice form –
information for employees
You can choose the superannuation fund or retirement savings account (referred to below as superannuation funds)
to which your employer will make future superannuation guarantee contributions (9%). If EDAG already contributes
to a fund of your choice, you need not complete this form.
Option 1: Option 2:
You do not have to nominate your own fund. Choose a fund
If you do not nominate any particular fund, your employer’s You can choose the superannuation fund where you want
contributions will be paid into the EDAG default fund (see your future employer contributions to be paid. EDAG is only
Part A on the reverse side of this form). This may not be the required to accept one choice every 12 months.
same as your current fund. You can choose a different fund
later if you like. Step 1
EDAG Australia is not liable for the performance of the Gather information – work out what’s best for you
superannuation funds that you choose or they choose on You will need to find out what superannuation options are
your behalf and are not licensed to provide financial available to you. Find out about the features and benefits of
advice. your current fund, the fund chosen by your employer and any
other funds you are considering. Your current fund may be
MORE INFORMATION different to the fund chosen by EDAG.
You can get more information about choice of
superannuation fund or superannuation in general from: The tips section highlights key issues you should
■ www.superchoice.gov.au, or consider when comparing funds.
■ by phoning 13 28 64
If you do not speak English well and want to talk to an
Australian government officer, phone the Translating and
Interpreting Service on 13 14 50 for help with your call. If Step 2
you have a hearing or speech impairment and have What do I need to tell my employer?
access to appropriate TTY or modem equipment, phone Give EDAG details of your chosen fund by completing Part
13 36 77. If you do not have access to TTY or modem B of this form or by a written statement including the
equipment, phone the Speech to Speech Relay Service necessary information. This information may be provided by
on 1300 555 727. your chosen fund. Part A shows details of EDAG’s default
superannuation fund. This is the fund that EDAG has chosen
to make all future superannuation guarantee contributions to
TIPS FOR COMPARING FUNDS unless a different fund is nominated.
Fees
Most funds charge fees. Differences in the fees funds Step 3
charge can have a big effect on what you may have to
What happens to any superannuation I have in
retire on. This effect may be more than you think and for
this reason you need to consider what fees are being existing funds?
charged. Any money you have in existing funds will remain there
Death and disability insurance unless you make arrangements to transfer it (roll over) to
another fund. Check the impact of any exit fees or benefits
Your current fund may insure you against death or an
you may lose before leaving the fund. EDAG cannot do this
illness or accident that makes you unable to return to
for you.
work. Other funds may not offer insurance, or you may
have to pass a medical examination before they cover
you. Check if you’ll be covered in any new fund, and the
costs and amount of cover, before leaving your current PRIVACY POLICY
fund.
Investment choice EDAG Australia Pty Ltd is bound by and committed to
Some funds let you choose where the fund will invest supporting the National Privacy Principles. We are
your super. Some choices offer higher returns, but with a committed to protecting the privacy of your personal
higher risk that investments may go down as well as up. information. EDAG only collects personal information if that
Other choices offer greater security but with lower information is necessary for our functions and activities.
expected returns. Choose the level of risk and return that EDAG only collects personal information in a fair and lawful
you are comfortable with. manner. EDAG will not use or disclose personal information
in manners not directly related to the primary purpose for
Investment performance
which the information was collected, without your consent.
Superannuation is a long term investment for your
EDAG will take reasonable steps to protect the personal
retirement, so its investment performance needs to be
information we hold from misuse, loss, unauthorised
judged over the long term. Short term performance,
access, modification or disclosure. We will take reasonable
whether good or bad, may not be repeated. There is no
steps to destroy or permanently de identify personal
guarantee that a fund that has performed well in the past
information which we no longer need. If you wish to gain
will do so in the future. The information you’ll need to
access to personal information held about you, please
make these checks is in each fund’s product disclosure
Superchoice.doc contact the Human Resources Coordinator. EDAG will
statement which you can get from the fund. For further
Revised 3/10/2005 endeavour to provide access to the relevant personal
information on choosing a fund go to the website
information in a timely manner.
www.superchoice.gov.au or phone 132864.
Choice of superannuation fund choice form
Part A: Employer to complete
1 Employer Name: EDAG Australia Pty. Ltd
2 Employer superannuation guarantee contributions will be made to the following fund:
Fund name: EDAG Australia Superannuation Fund
Superannuation product identification number: MLC 0430 AU
For the product disclosure statement for this fund (if applicable) phone: (02) 9466 7244
Fund website: www.mlc.com.au
Part B: Employee to complete
I Employer only Date
Part C:request that all future superannuation guarantee contributions be made to:
1
EDAG’s default superannuation fund named in part A question 2
accepted Go to question 4 below.
Day Month Year
my own choice of fund Complete questions 2, 3, 4 & 5 below
Processed
2
Day Month Year Your chosen fund details:
Fund name
Fund Address
Fund Telephone
Number
Membership No.
(if applicable)
Account name
Fund Australian business number (ABN) (if applicable)
Superannuation product identification
number (if applicable)
3 I have attached:
■a letter from the trustee stating that this is a complying fund and (for a self managed
superannuation fund) a copy of documentation from the Tax Office confirming the fund is regulated
■ written evidence from the fund they will accept contributions from my employer, and
■ details about how my employer can make contributions to this fund.
4 Tax File Number: I agree to provide my Tax File Number to my superannuation fund:
TFN
5 Employee Name
Employee Address:
Employee Date of Birth: Employee MIP No.:
Day Month Year
Dated: Signature:
Return this form to EDAG. Do not send this form to the Tax Office or to your superannuation fund.
Superchoice.doc
Revised 3/10/2005
Related docs
