Allocated Pension Product Disclosure Statement

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					                                                     Master Trust




                                      Allocated Pension
                                   Product Disclosure Statement




Please read this document before
making a decision to invest.                         Xavax Pty Ltd
Trust                                                 AFSL 281568
Aon Master Trust
ABN 68 964 712 340                                   PO Box A2202
RSE R1000566
Phone: 1300 880 588                             Sydney South NSW 1235
Fax: 1800 010 435
Email: contactcentre@aon.com.au                   Phone: 1300721038
Web: www.aonmastertrust.com.au
                                                Email: contact@xavax.biz
Trustee
Aon Superannuation Pty Limited
                                                Web: www.xavax.com.au
ABN 83 057 982 822
AFSL 237465
RSE L0000437

Date issued: 1 October 2006
    Contents

    Introduction                                                        3
    Main features                                                       4
    Fee and other costs                                                 7
    Taxation                                                            11
    How the Allocated Pension works                                     12
    Investments                                                         13
    Other important information                                         20
    Member application form                                             23
    Tax file number declaration                                         27
    Withholding declaration                                             29
    Transfer super benefits form                                        33
    New member checklist                                                35


    Allocated Pension member forms are available from
    www.aonmastertrust.com.au

    Fees and conditions in this Product Disclosure Statement
    (PDS) apply to members who join the Aon Master Trust
    after 1 July 2006. Terms and conditions will change
    over time and we will notify you of material changes.
    Existing members’ fees and conditions are as notified.
    The trustee reserves the right to correct any omissions
    in this PDS. If there is a discrepancy between this PDS
    and the trust deed, the trust deed will be the final
    authority.

     The information in this document is general in nature. Your
     personal objectives, needs or general situations were not taken
     into account when preparing this information.

     You should consider the appropriateness of any general advice
     before acting on it, having regard to your own objectives,
     financial situation and needs. If the information relates to a
     financial product, you should obtain and consider the relevant
     Product Disclosure Statement before making any decision to
     purchase that financial product.

     This document has been prepared by Aon Consulting Pty Limited
     (AFSL 236667) a related body corporate of the trustee of the
     Aon Master Trust (RSE R1000566), Aon Superannuation Pty
     Limited (AFSL 237465, RSE L0000437). This is a relationship that
     might reasonably be expected to be capable of influencing Aon
     Consulting Pty Limited when the company provides financial
     product advice to clients in respect of the Aon Master Trust.




2
Introduction

The Aon Master Trust (the Trust) is a registered         When a person asks for further information
public offer superannuation fund offering three key      about the Trust, the trustee will provide it, where
superannuation products:                                 it is reasonably practical to do so, providing the
                                                         information has been previously made generally
Corporate Super – suitable for employers and their
                                                         available to the general public. The provision of
employees (whose employer makes superannuation
                                                         further information may be subject to a charge. For
contributions on their behalf).
                                                         example, the trust deed, which is the legal document
Personal Super – suitable for self-employed              that provides the general rules for the Trust, may be
individuals and/or other individuals who wish to         posted to you for a fee of $50. Contact us for further
make voluntary contributions to superannuation.          information – see back cover.
Allocated Pension – suitable for individuals who         To protect consumers, a cooling-off period exists
wish to purchase an income stream with their eligible    for this product – see page 20 for more information.
termination payment (ETP).                               We also have a formal complaints resolution procedure
                                                         should you have a complaint about this product –
This document describes the features and benefits
                                                         see page 20 for more information.
of the Aon Master Trust Allocated Pension.
The amount of income you may receive each year
from an allocated pension is subject to minimum            No company or party associated with the Aon
and maximum limits set by the government.                  Master Trust guarantees any obligations of the
                                                           Trust, including investment returns. Payments
If you would like further advice about whether this
                                                           received from an allocated pension are not
product is suitable for you, we suggest you discuss
                                                           guaranteed – the member bears all the investment
your requirements with a licensed financial adviser.
                                                           risk associated with an allocated pension.
Past earning rates shown in this document are not          Payments will only be made while there is
an indicator of future earning rates.                      sufficient money in the account, which means
The Aon Master Trust is managed by Aon                     an allocated pension may not provide an income
Superannuation Pty Limited (ABN 83 057 982 822,            stream for the rest of a member’s life. If a member
AFS Licence 237465, RSE Licence L0000437) an               leaves, they may get back less than the initial
approved trustee regulated by the Australian               investment, because of the level of investment
Prudential Regulation Authority (APRA). Aon                returns earned, and the impact of payments,
Superannuation Pty Limited (‘the trustee’) is a wholly     fees and charges.
owned subsidiary of Aon Consulting Pty Limited,
part of the Aon group of companies.




                                                                                         Master Trust             3
    Main features

    About the Aon Master Trust                               The minimum initial investment is $50,000 and a
    Allocated Pension                                        minimum of $5,000 is required for each investment
                                                             option you choose. Following your initial investment,
    The Aon Master Trust Allocated Pension is designed
                                                             you are under no obligation to make any further
    for people who have an eligible termination payment
                                                             investments. However, if your allocated pension
    (ETP) to invest, including people who are retired or
                                                             account balance falls below $5,000 the remainder
    no longer earn an income. Generally, an ETP is a
                                                             of your allocated pension account will be paid out
    payment made when an individual retires, is retrenched
                                                             to you as a lump sum.
    or changes jobs (excluding annual leave and long
    service leave), or is a payment from a superannuation    If you wish to make additional investments after your
    fund. If the ETP is a payment from a superannuation      first allocated pension payment is made, you will have
    fund, it must be ‘unrestricted non-preserved’, ie able   to purchase a new allocated pension.
    to be withdrawn from the superannuation or rollover
                                                             To join, you should read and carefully consider this
    system, except in the case of a non-commutable
                                                             PDS, then complete the Membership application form at
    pension – see below.
                                                             the back of this PDS including ETP details – see the
    You may choose how your benefit is invested and the      New Member Checklist on page 35. You will also need
    frequency and amount of income you wish to receive       to complete this form in future if you wish to make
    from the Allocated Pension, within limits set by law.    additional investments.
    The Allocated Pension forms part of the Aon              Non-commutable pensions (transition
    Master Trust. Aon Superannuation Pty Limited
    ABN 83 057 982 822, RSE L0000437 (the trustee)
                                                             to retirement)
    manages the Aon Master Trust.                            You can apply to begin a non-commutable
                                                             allocated pension under transition to retirement
    Investing in the Allocated Pension                       rules, regardless of your employment status, once
    You can invest your superannuation and rollover          you have reached your preservation age (see page 5).
    money in the Allocated Pension if you:                   ‘Non-commutable’ means that in general this pension
                                                             cannot be converted into a lump sum and must be
    • are permanently retired and have reached your          taken as a series of periodic payments.
      preservation age (between age 55 and 60,
      depending on your date of birth),                      Non-commutable pensions allow the Aon Master
                                                             Trust to accept preserved and restricted non-preserved
    • leave employment after reaching age 60,                super into your account, in addition to unrestricted
    • are over 65,                                           non-preserved super. See your financial adviser or
                                                             contact us for more information about restricted and
    • have immediate access to ETP monies, or                preserved super. Restrictions on non-commutable
    • are taking out a non-commutable pension.               pension withdrawals are shown on page 5.



4
Preservation ages                                        The minimum and maximum payment limits set by
Preservation age is set by the Government and affects    the Government depend on your age and the size of
when you can access your super. The table below sets     your account balance at 1 July each year – see page 12.
out current preservation ages.                           Your minimum and maximum limits will change each
                                                         year. You may choose to receive your regular payment
 Preservation age is based on date of birth              monthly, quarterly, half-yearly or yearly.
                                                         For each income payment, units will be withdrawn
 Before 1 July 1960                                 55
                                                         and sold at the prevailing unit price.
 Between 1 July 1960 and 30 June 1961               56
                                                         You may elect to have your income drawn from a
 Between 1 July 1961 and 30 June 1962               57   particular investment option, or mix of options. If you
                                                         do not make a choice your units will be withdrawn in
 Between 1 July 1962 and 30 June 1963               58
                                                         the same proportion as your current investment
 Between 1 July 1963 and 30 June 1964               59   selection.
 1 July 1964 or after                               60
                                                         Withdrawals
                                                         You may also make lump sum withdrawals
Benefits                                                 (commutations) of all or part of your allocated pension
                                                         account at any time, provided you have received the
Your net investment (after the deduction of fees,
                                                         minimum income payment for the period. Under
charges and any applicable tax) is credited to your
                                                         current laws, either the whole or a part of the allocated
allocated pension account. Your allocated pension
                                                         pension can be withdrawn as a lump sum. There is
account is used to purchase units in the investment
                                                         a minimum withdrawal amount of $5,000 (or your
options you have chosen.
                                                         entire allocated pension account balance if before
Assets from each investment option are pooled and        or after your proposed lump sum withdrawal your
managed in accordance with the objectives of the         account balance is less than $5,000).
particular investment option – see pages 14 to 19.
                                                         Any cash withdrawals will be treated as an eligible
Investment earnings are then added to or deducted        termination payment and may be subject to lump
from your allocated pension account balance. Regular     sum tax.
income payments you nominate and fees are deducted
                                                         Requests for withdrawals can be made by using a
from your allocated pension account balance. The
                                                         Commutation request form available from our website.
value of your investment will vary over time,
depending on the investment returns earned               Withdrawal monies are usually available within five
and the level of income you receive.                     working days, although a longer period is allowed
                                                         under the trust deed.
Regular income payments
                                                         If you invest in a non-commutable pension, there are
An allocated pension allows you to choose the amount     restrictions on accessing any preserved and restricted
of income you would like to receive each year, subject   non-preserved amounts. Generally, you can only make
to the amount of your investment and the minimum         lump sum withdrawals from these amounts once you
and maximum limits set by law.                           meet a ‘condition of release’, including:
Regular income payments are made from your               • permanently retiring from the workforce
allocated pension account until your death (see
Payment on death on page 6) or until your account        • leaving employment after age 60
balance falls below $5,000, when a lump sum is           • reaching age 65.
paid to you.




                                                                                          Master Trust               5
           You may be able to withdraw preserved and restricted      You may switch your investment options without
           non-preserved benefits before this if the ETP that        charge at any time.
           results is used to commence a second non-commutable
                                                                     Labour standards and environmental, social or
           pension or invested back into your super. See your
                                                                     ethical considerations are not taken into account
           financial adviser or contact us for more information.
                                                                     by the trustee and are not, to the knowledge of the
           Payment on death                                          trustee, taken into account by investment managers.
           If you die while a member, your benefit will be the       Investment option risk profiles
           remainder of your allocated pension account balance
                                                                     There is a relationship between the amount of
           less any fees and taxes.
                                                                     risk that you are willing to take and the potential
           Following your death, your benefit will be paid           investment return you may receive.
           as a lump sum to your dependants or your estate
                                                                     In general, investments with the potential to
           (at the discretion of the trustee).
                                                                     earn higher returns (eg shares) carry a higher risk.
           You may make a non-binding nomination requesting          Conversely, investments with lower risk (eg cash)
           that the trustee pays your benefit to your preferred      typically offer lower returns – see pages 13 to 19 for
           dependants in the event of your death. To do so, please   more information about investments.
           complete the Nominate your dependants section of the
                                                                     The trustee regularly reviews the performance of the
           Membership application form at the back of this PDS.
                                                                     investment managers and changes the managers from
           Investment options                                        time to time. The investment managers used are set
                                                                     out in the latest annual report to members and any
           The Allocated Pension offers you a choice of over         changes to these managers will be advised in the
           20 investment options. This allows you to select          next annual report issued.
           an investment mix that best suits your needs.
           The investment options fall into three categories:        The latest annual report is available on our website
           pre-mixed, sector and specialist options.                 at www.aonmastertrust.com.au or by contacting us
                                                                     on 1300 880 588.

Pre-mixed             Sector                 Specialist              Investment returns
(see page 14)         (see page 15)          (see pages 16 to 19)
                                                                     Your account consists of a number of ‘units’ in
• High Growth         • Australian shares    Members have            each investment option(s) you select. The investment
                                             a choice of             return for each option represents the percentage
• Balanced Growth     • International                                change in that investment option’s unit price
                                             13 individual
                        shares                                       over the period, after tax and management fees.
                                             investment
• Balanced            • Property             products offered        Investment returns are updated monthly on the Aon
                                             by specialist           Master Trust website www.aonmastertrust.com.au
• Capital Stable      • Diversified
                                             investment
                        fixed interest                               Note: Past performance should not be taken as an
                                             managers.
• Secure              • Cash                                         indication of future performance. Your investment is
                                                                     not guaranteed and the value of your investment can
                                                                     rise or fall.
           Each investment option is managed by professional
           investment managers selected by the trustee for their
           expertise in specific investment sectors.
           You can mix and match investment options any way
           you like, subject to investing a minimum of 5% of
           your account balance or $5,000, whichever is greater,
           in each investment option you choose.



    6
Fees and other costs

The warning below is required under Australian law.       This document shows fees and other costs that
Specific information about fees and costs is considered   you may be charged. These fees and costs may
on pages 8 to 10 of this document.                        be deducted from:
                                                          • your money (account balance)
                 DID YOU KNOW?                            • the returns on your investment, or
         Small differences in both investment             • the Trust assets as a whole.
        performance and fees and costs can have
                                                          Some basic information about taxation is included on
                 a substantial impact
                                                          page 11. For more information about taxation, you
              on your long-term returns.
                                                          should talk to a professional taxation adviser.
     For example, total annual fees and costs of 2%
                                                          You should read all of the information about fees
   of your fund balance rather than 1% could reduce
                                                          and costs because it is important to understand
     your final benefit by up to 20% over a 30-year
                                                          their impact on your investment. Fees and costs for
     period (for example, reduce it from $100,000
                                                          particular investment options are shown on pages
                       to $80,000).
                                                          14 to 19.
      You should consider whether features such
                                                          Member fees and asset administration fees are debited
      as superior investment performance or the
                                                          directly from your account. Other management fees
      provision of better member services justify
                                                          are deducted from investment returns and are shown
                 higher fees and costs.
                                                          on your benefit statement each year. Exit fees charged
         You may be able to negotiate to pay              to your benefit payment will be shown on the exit
       lower contribution fees and management             statement.
     costs where applicable. Ask the fund or your
                   financial adviser.
               TO FIND OUT MORE
       If you would like to find out more, or see
       the impact of the fees based on your own
    circumstances, the Australian Securities and
     Investments Commission (ASIC) website
     (www.fido.asic.gov.au) has a superannuation
       calculator to help you check out different
                       fee options.




                                                                                           Master Trust            7
     Type of fee or cost                                            Amount                             How and when paid

     Fees when your money
     moves in or out of the fund
     Establishment fee                                              Nil                                Not applicable
     The fee to open your investment

     Transfer fee                                                   Up to 5% pa                        Deducted from transfers as they are made
     The fee on each amount transferred to your
     investment

     Withdrawal fee                                                 A fee of $1 per direct credit      Deducted from the benefit payment when
     The fee on each amount you take out of your                    and $5 per cheque is charged       it is made
     investment, including any spouse split payments                for regular pension payments.
                                                                    A fee of $80 is charged for
                                                                    each lump sum benefit
                                                                    payment

     Termination fee                                                Nil                                Not applicable
     The fee to close your investment

     Management costs
     Member fee                                                     $48 pa                             Deducted from your account monthly
     The fee for administering your member account

     Asset administration fee                                       Up to 1.3% pa of your              Deducted from your account monthly. The fee
     The fee for administering your account, including              account balance                    is calculated using your account balance at the
     adviser fees, if applicable                                                                       end of each month

     Management fee                                                 The fee varies according to        Deducted from the Trust’s investment earnings
     Calculated using an Indirect Cost Ratio (ICR)*. This fee       your chosen investment             before the unit price is calculated and applied
     covers the cost of managing your investments and               option(s) and ranges from          to your account. These fees vary for each
     includes investment management fees, custodial fees            0.44% pa to 1.87% pa               investment option and can change each year
     and cost recoveries. The amount you pay for specific           (default option fee is
     investment options is shown on pages 14 to 19                  0.58% pa)

     Service fees
     Adviser service fee                                            Up to 2% pa                        Deducted from your account monthly. The fee
     A fee for planning and financial advice, as negotiated                                            is calculated using your account balance at the
     with your financial adviser, if applicable                                                        end of each month

     Investment switching fee                                       Nil                                Not applicable
     A fee for changing your investment options

     Buy/sell spread                                                Tier 1: Nil                        Not applicable
     The fee or transaction costs involved with buying and          Tier 2: Nil                        Not applicable
     selling specific investments                                   Tier 3: From 0.1% to 0.7%          Paid from asset on transfer
                                                                    of asset being transferred


    * ICR is the ratio of the Trust’s total management costs not deducted directly from member accounts and is
      expressed as a percentage of the Trust’s total average net assets in each investment option. The ICR for each
      investment option (shown as Management Fees on pages 14 to 19) varies according to the associated cost.




8
Example of annual fees and costs

The table gives an example of how the fees and costs in the default Pre-mixed Secure option can affect your
investment over a one-year period. You can use this table to compare our product with other superannuation
products. This example ignores the effect of contributions, earnings, tax and other deductions on the account
balance, and their impact on management costs. It also ignores the effect of any rebate you may have negotiated.


 Example – Pre-mixed                                                               Balance of $50,000 with total
 Secure investment option                                                          contributions of $5,000 during year

 Transfer fee                   0-5%                                               For every $5,000 you transfer, you will be
                                                                                   charged between $0 and $250.

 PLUS
 Management costs               • 1.3% asset administration fee, plus              For every $50,000 you have in the Trust you
                                • 0.58% management fee (for default                will be charged $940 each year, plus $48 in
                                  Pre-mixed Secure option), plus                   member fees regardless of your balance.
                                • $48 annual member fee

 EQUALS                                                                            If you put in $5,000 during a year and your
 Cost of fund                                                                      balance was $50,000, then for that year you
                                                                                   will be charged fees of:
                                                                                   $988 to $1,238*.
                                                                                   What it costs you will depend on the
                                                                                   investment option you choose and the fees
                                                                                   you negotiate with your fund or financial
                                                                                   adviser.

* Additional fees may apply:
  Establishment fee – $0 and if you wish to leave the fund, you may also be charged a withdrawal fee of $80.




                                                                                                               Master Trust      9
     Additional explanation of fees and costs

     Tax deductions                                         Payments to your adviser are made monthly in arrears.
     Most of the fees paid directly by members are tax      The adviser’s remuneration and how it is calculated is
     deductible. The Trust passes on the benefits of tax    set out below:
     deductions to members.                                 • Asset administration fee Aon Master Trust pays
                                                              an asset-based commission to the financial adviser
     Investment returns                                       (if any) of up to 0.8% pa of your assets. These costs
     The tables on pages 14 to 19 show net investment         are included in the asset administration fee.
     returns credited to each option. The returns reflect
                                                            • Adviser service fee If your adviser provides
     the performance of each investment, net of tax
                                                              personal advice, for example developing a financial
     and management fees. Updated performance
                                                              plan for you and implementing that plan, the
     figures are available on our website at
                                                              adviser may, with your agreement, charge an
     www.aonmastertrust.com.au
                                                              annual fee of up to 2.0% of your account.
     Past performance should not be taken as an
     indication of future performance.                      Increases or alteration in charges
                                                            The member fee and withdrawal fee may be indexed
     Units and buy/sell spreads                             annually to changes in the Average Weekly Ordinary
     Your account balance at any time reflects underlying   Time Earnings (AWOTE) index. We can also change
     ‘units’ held in your selected investment options.      your fees at any time if we give you 30 days written
     Unit prices move up and down each day in line          notice.
     with the value of the assets held in each option.
     Unit prices are calculated daily.                      Manager performance fee
     Additions to your account are made by buying units     Investment managers may charge a fee for
     at the applicable unit buy price. Most deductions to   overperformance of investment returns, for
     your account, including tax or fees, are made by       example 10% of any excess return over benchmark.
     selling units at the applicable unit sell price.       This fee is deducted from investment earnings before
                                                            unit prices are calculated and is only paid if the
     Any difference between the buy price and the           success criteria are achieved. Performance fees are
     sell price (known as buy/sell spreads) is due to       shown on pages 14 to 19.
     transaction costs incurred when units are bought
     or sold. There is no buy/sell spread for the Tier 1:   Family law valuation fee
     Pre-mixed and Tier 2: Sector options. Buy/sell         Under family law legislation, an ‘eligible person’
     spreads applies only to Tier 3: Specialist options.    (see definition on page 22) may obtain certain
                                                            information about a member’s superannuation
     Adviser remuneration
                                                            account. We charge a fee of $100 (GST inclusive)
     An adviser may have recommended you join the Aon       per family law valuation to the person who requests
     Master Trust. The adviser selling you this product     it at the time the request is made. The fee is not
     may receive remuneration for their services.           deducted from the member’s account.
     If your adviser tells us in writing that you have
     negotiated a lower fee, and that all or part of the    Special request fees
     charge is not payable, we will not charge it to your   A fee of $160 is payable for any family law split
     account and will reduce the amount we pay to the       required. $80 is charged to each party at the time
     adviser accordingly.                                   of the split. A fee of $160 is also payable for any
                                                            temporary residency payments required.




10
Taxation

Tax on allocated pensions can be complex.                Lump sum withdrawals
Call the ATO on 13 10 20, visit                          If you withdraw a lump sum from your allocated
www.ato.gov.au/super or talk to a                        pension account, it will be taxed as an ETP. Some
                                                         of the withdrawal may be taxed at the top marginal
financial adviser for more information.
                                                         income tax rate if any of the original amount invested
                                                         is above the Reasonable Benefit Limit receiving
Tax on unfunded eligible termination                     concessional tax treatment.
payments
Tax at the rate of 15% applies to certain portions of
                                                         Goods and Services Tax (GST)
an eligible termination payment (ETP) which have         The Trust is input-taxed for GST purposes. This
not been subject to tax and are used to purchase an      means that no GST is payable by the Trust on
allocated pension. Contact us or your financial          the contribution amount received from you.
adviser for more information.
                                                         Superannuation rollovers and ETPs
Earnings                                                 By investing your ETP in the Aon Master Trust
No tax is paid on the investment earnings in the Trust   Allocated Pension, you can defer or eliminate the
while the earnings remain in your allocated pension      payment of lump sum tax that would be payable
account.                                                 if you cashed it. If your superannuation contains
                                                         an untaxed post-30 June 1983 component, 15%
Income payments                                          contributions tax will be deducted from that
A portion of each income payment may be deemed           amount when you roll over.
a return of capital, which is tax-free to the investor   The above tax information is based on the
(the ‘deductible amount’).                               tax laws and rulings that were current on
The balance of each income payment is assessable         30 June 2006. These laws are subject to change
for income tax purposes in the hands of the income       – contact the Australian Taxation Office or your
recipient. Tax will be deducted from each payment        financial adviser for the latest information.
in accordance with the income tax scales and rules.      This information is of a general nature and
                                                         takes no account of your personal circumstances.
Tax offset
                                                         This information is not financial advice. Tax
You may be entitled to a tax offset of up to 15% on      on superannuation and pension benefits is
the amount of each pension payment that is assessed      complicated so we recommend you consult
for income tax purposes. This offset is generally only   a licensed investment adviser or tax agent
available for pension payments made after you reach      if you have any questions.
55 years of age, and where the pension commences
within your Reasonable Benefit Limit (RBL).
RBLs restrict the amount of concessionally taxed super
a member can receive. Contact the Australian Taxation
Office on 13 10 20, or visit www.ato.gov.au/super to
find out the current RBLs.




                                                                                         Master Trust             11
     How the Allocated Pension works

     You can decide how much income you would like             Pension valuation factors
     to receive within the amount of your investment and       Age at   Maximum   Minimum
     the limits set by the Government. You can choose to       1 July     PVF       PVF
     receive your income payments monthly, quarterly,
                                                               55        11.5       21.1
     half-yearly or yearly.                                    56        11.4       20.8
                                                               57        11.3       20.4
     Upon your acceptance into the Allocated Pension,          58        11.2       20.1
     payments are made on the 21st of the month (or the        59        11.0       19.7
     following month if your application is received after     60        10.9       19.3
                                                               61        10.7       18.9
     the 15th of each month). Payments are made monthly,       62        10.5       18.5
     quarterly, half-yearly or yearly thereafter, and can be   63        10.3       18.1
                                                               64        10.1       17.7
     made via direct credit electronically into your bank      65         9.9       17.3
     account or posted to you via cheque.                      66         9.6       16.8
                                                               67         9.3       16.4
     You can vary the amount of your pension income            68         9.1       16.0
                                                               69         8.7       15.5
     as often as you like, providing it falls within the       70         8.4       15.1
     minimum and maximum limits.                               71         8.0       14.6
                                                               72         7.6       14.2
     You can choose which investment option(s) your            73         7.2       13.7
                                                               74         6.7       13.3
     income is to be paid from. This can be changed            75         6.2       12.8
     at any time at no cost.                                   76         5.7       12.3
                                                               77         5.1       11.9
                                                               78         4.5       11.4
     Can I change my income payments?                          79         3.8       10.9
                                                               80         3.1       10.5
     The amount and frequency of your income payments          81         2.3       10.0
     (within the minimum and maximum limits) can be            82         1.4        9.6
     changed by completing a Change of pension details         83         1.0        9.1
                                                               84         1.0        8.7
     form available from our website or by calling us          85         1.0        8.3
     on 1300 880 588.                                          86         1.0        7.9
                                                               87         1.0        7.5
                                                               88         1.0        7.2
     Minimum and maximum income levels                         89         1.0        6.9
                                                               90         1.0        6.6
     Superannuation laws set minimum and maximum               91         1.0        6.3
     levels of income that can be drawn from an allocated      92         1.0        6.0
                                                               93         1.0        5.8
     pension. These will depend on your age and account        94         1.0        5.5
     balance. Minimum and maximum pension valuation            95         1.0        5.3
     factors (PVFs) have been published, some of which are     96         1.0        5.1
                                                               97         1.0        4.9
     listed in the following table for commencement dates      98         1.0        4.7
     on or after 1 July 2006.                                  99         1.0        4.5
                                                               100 +      1.0        4.4

     Example A
     A 62 year-old member with an allocated pension
     account balance in the Trust of $200,000 would have
     the following income limits:
     Maximum: $200,000 ÷ by 10.5 = $19,048
     Minimum: $200,000 ÷ by 18.5 = $10,811
     Minimum and maximum income levels will be reset
     at 1 July each year only, using your age and allocated
     pension account balance at that date.




12
Investments

Selecting an investment option                           Units and unit prices
Before you decide how to invest you should consider      When the Trust receives your contributions or
the length of time you have to invest. Once you have     rollovers, your account is credited with units in your
made your selection, complete Your investment options    selected investment option. The number of units you
in the Membership application form at the back of this   receive is calculated as the dollar amount of your
PDS.                                                     investment divided by the buy unit price applicable
                                                         at the time of investing.
What is the default option?
                                                         When pension payments or any other deductions such
If you do not select an investment option, the amount    as tax or fees are made, your account is debited with
you transferred into your allocated pension account      units at the applicable sell unit price – see Units and
will be invested in the Pre-mixed Secure option.         buy/sell spreads on page 10.
Can I switch or split investment options                 Note that the buy unit price and the sell unit
at a later date?                                         price for Tier 1: Pre-mixed and Tier 2: Sector
                                                         options are the same. Buy/sell spreads apply
You may switch or split your investment options,
                                                         only to Tier 3: Specialist options.
without charge, at any time.
                                                         All investment earnings, less management fees and
You may choose to split your account balance into
                                                         tax, are worked out as a unit price. Unit prices are
a combination of the investment options. However,
                                                         calculated daily.
you must have at least 5% of your account balance
invested in each chosen investment option.               Changes in the unit price over time reflect the
                                                         investment earnings for each investment option.
You can make the switches by using a Change of
                                                         The investment earnings (positive or negative) on
pension details form.
                                                         your account balances are based on the performance
                                                         of the investment option(s) you have selected.
                                                         Performance figures are updated monthly on our
                                                         website at www.aonmastertrust.com.au




                                                                                         Master Trust              13
     Tier 1:
     Pre-mixed options
                             High Growth               Balanced Growth           Balanced                   Capital Stable          Secure

     Objective               To provide a return       To provide a return       To provide a return        To provide a return     To exceed Cash over
                             at least 4% pa above      at least 3% pa above      at least 2% pa above       at least 1% pa above    rolling three-year
                             Cash over rolling         Cash over rolling         Cash over rolling          Cash over rolling       periods.
                             five-year periods.        five-year periods.        five-year periods.         three-year periods.

     Investment strategy     Invests in shares.        Invests 75% of the        Invests 65% of the         Invests 25% of the      Invests in cash and
                                                       portfolio in growth       portfolio in growth        portfolio in growth     fixed interest
                                                       assets and 25% in         assets and 35% in          assets and 75% in       investments.
                                                       defensive assets.         defensive assets.          defensive assets.

     Risk/return profile     Share market              Returns are generally     There is likely to be      Relatively low but      The most stable
                             investments can be        less volatile than the    volatility in returns in   stable returns. There   returns. Generally
                             very volatile over the    High Growth               the short term but         may be some short-      lower returns than
                             short to medium           portfolio but can still   they tend to stabilise     term volatility.        the other options.
                             term but, historically,   be very volatile over     over longer periods.
                             these investments         the short to medium
                             have offered the          term.
                             highest long-term
                             returns.

     Strategic
     asset allocation1
     Australian shares                    45%                    35%                      30%                  10%                  0%
     International shares                 45%                    35%                      30%                  10%                  0%
     Property                  5%                        5%                        5%                         5%                    0%
     Fixed interest           0%                               20%                        30%                                60%                      60%
     Cash                      5%                        5%                        5%                             15%                           40%

     Annual return for
     the year ended2
     31 Dec 2004             N/A                       15.0%                     14.4%                      10.4%                   10.2%
     31 Dec 2005             N/A                       16.9%                     15.3%                      10.3%                   6.3%

     Management fee3         1.12% pa                  1.01% pa                  0.96% pa                   0.72% pa                0.58% pa

     Estimated               Nil                       0% to 0.05% pa            0% to 0.10% pa             0% to 0.15% pa          0% to 0.15% pa
     performance fee4

     Total buy/sell spread   Nil                       Nil                       Nil                        Nil                     Nil




     1 Asset allocations shown are a strategic benchmark. Actual allocations may vary.
     2 The Aon Master Trust Allocated Pension was launched on 1 September 2003. Some investment options were launched after this date.
       Only currently available full financial year returns are shown. Returns are calculated using Aon Master Trust unit prices, after management
       fees and tax on investment income, but before direct fees.
     3 See Management fees on page 8 for details. Fees shown include GST.
     4 Provided as a range of possible outcomes. Performance fees are paid only when an investment manager or product outperforms an
       agreed benchmark. The fee is a small proportion of the overall outperformance and if returns fall short of benchmarks, no performance
       fees are paid.




14
Tier 2:
Sector options
                        Australian shares         International shares       Property                  Diversified               Cash
                                                                                                       fixed interest
Objective               To provide a return       To provide a return        To provide a return       To provide a return       To provide a return
                        that exceeds the          that exceeds the           that matches the          that exceeds the          that at least matches
                        benchmark index by        benchmark index by         benchmark index           benchmark index by        the benchmark index
                        2% pa over rolling        1.5% pa over rolling       over rolling five-year    1% pa over rolling        over any 12-month
                        five-year periods.        five-year periods.         periods.                  five-year periods.        period.

Benchmark index         S&P/ASX 200               MSCI World ex Aust         S&P/ASX 200 –             75% UBS Australian        UBS Warburg
                        Accumulation Index        Net (AUD) unhedged         Property Trusts           Composite Bond            Australia Bank Bill
                                                                             (GICS) Accumulation       Index 0+Yr 25%            Index
                                                                             Index                     Citigroup WGBI
                                                                                                       Hedged (AUD)

Investment strategy     Invests in shares         Invests in shares listed   Invests in index funds    Invests in fixed          Invests in short-term
                        listed on the             on stockmarkets            that in turn invest in    interest assets           securities.
                        Australian Stock          around the world.          property securities       across the credit
                        Exchange.                 Low or no Australian       listed, or due to be      spectrum.
                                                  dollar hedging.            listed, on the
                                                                             Australian Stock
                                                                             Exchange.


Risk/return profile     Returns can be very       Returns can be very        Returns can be            Relatively low but        Returns are low but
                        volatile over the short   volatile over the short    volatile over the short   stable returns with       stable with minimal
                        to medium term.           to medium term.            to medium term.           some volatility.          volatility.
                        Historically, shares      Historically, shares       Historically, property
                        have offered the          have offered the           has produced higher
                        highest long-term         highest long-term          returns than fixed
                        returns.                  returns.                   interest and cash
                                                                             investments.

Benchmark asset         100% Australian           100% international         100% property             100% fixed interest       100% cash and
allocation              shares                    shares                     securities                securities                short-term fixed
                                                                                                                                 interest securities

Annual return for
the year ended1
31 Dec 2004             22.7%                     10.3%                      11.4%                     8.6%                      6.8%
31 Dec 2005             22.6%                     20.3%                      9.8%                      6.6%                      5.8%

Management fee2         0.98% pa                  1.396% pa                  0.44% pa                  0.66% pa                  0.46% pa

Estimated               Nil                       Nil                        Nil                       0% to 0.3%                Nil
Performance fee3

Total buy/sell spread   Nil                       Nil                        Nil                       Nil                       Nil



1 The Aon Master Trust Allocated Pension was launched on 1 September 2003, some investment options were launched after this date. Only
  currently available full financial year returns are shown. Returns are calculated using Aon Master Trust unit prices, after management fees and
  tax on investment income, but before direct fees.
2 See Management fees on page 8 for details. Fees shown include GST.
3 Provided as a range of possible outcomes. Performance fees are paid only when an investment manager or product outperforms an agreed
  benchmark. The fee is a small proportion of the overall outperformance and if returns fall short of benchmarks, no performance fees are paid.




                                                                                                                           Master Trust                  15
      Tier 3:
      Specialist options Australian shares
                                         Alpha Investment Management Barclays Investment Funds –                    Colonial First State
                                         Australian Equity Trust     Aust. Alpha Equity Fund                        Wholesale Imputation Fund
     Objective                           To outperform the S&P/              To provide returns that exceed         To provide long-term capital
                                         ASX200 Accumulation Index           the S&P/ASX300                         growth with some tax-effective
                                         by 3% pa over a rolling three-      Accumulation Index over                income by investing in a broad
                                         year period.                        rolling three-year periods.            selection of companies listed
                                                                                                                    on the ASX.


     Benchmark index                     S&P/ASX 200                         S&P/ASX 300                            S&P/ASX 300
                                         Accumulation Index                  Accumulation Index                     Accumulation Index

     Investment strategy                 Holds 25 to 40 ordinary or          This fund is designed to be            Holds a diversified portfolio of
                                         preference shares of a              a highly diversified equity            Australian shares listed on the
                                         diversified portfolio of            strategy providing broad               Australian Stock Exchange
                                         companies and property trusts       exposure to the Australian             with some exposure to cash
                                         which are listed or soon to be      equity market.                         (up to 10%).
                                         listed on the ASX.



     Risk/return profile                 Returns can be very volatile        Returns can be very volatile           Returns can be very volatile
                                         over the short to medium            over the short to medium               over the short to medium
                                         term. Historically, shares have     term. Historically, shares have        term. Historically, shares have
                                         offered the highest long-term       offered the highest long-term          offered the highest long-term
                                         returns.                            returns. The fund aims to              returns.
                                                                             maintain a similar level of
                                                                             benchmark investment risk to
                                                                             the Index.

     Benchmark                           100% Australian shares              100% Australian shares                 90-100% Australian shares
     asset allocation1                                                                                              0-10% Cash

     Annual return for
     the year ended2
     31 Dec 2004                         N/A                                 N/A                                    24.7%
     31 Dec 2005                         N/A                                 N/A                                    21.9%

     Management fee3                     1.10% pa                            0.866% pa                              1.29% pa

     Total buy/sell spread               0.5%                                0.6%                                   0.4%



     1 Asset allocations shown are a strategic benchmark, actual allocations may vary.
     2 The Aon Master Trust Allocated Pension was launched on 1 September 2003, some investment options were launched after this date. Only
       currently available full financial year returns are shown. Returns are calculated using Aon Master Trust unit prices, after management fees
       and tax on investment income, but before direct fees.
     3 See Management fees on page 8 for details. Fees shown include GST.




16
                                                                   International shares
Perpetual Wholesale                SSgA Australian Equities        Barclays Investment Funds –        MFS Global Equity Trust
Industrial Fund                    Index Trust                     International Share Fund
Aims to provide investors with     To provide a return             To provide returns that exceed     Aims to provide capital
long term capital growth and       that closely matches the        those of the MSCI World ex         appreciation primarily through
income through investment in       benchmark return before tax     Australia Index over rolling       investment in all types of
quality Australian industrial      and fees.                       three-year periods.                common stocks and
shares.                                                                                               equivalents of US and
                                                                                                      non-US issues.

S&P/ASX 300 Industrials            S&P/ASX 200                     MSCI World ex Australia Index      MSCI World ex Australia Index
Accumulation Index                 Accumulation Index              (unhedged AUD, net dividend        (unhedged AUD, net dividend
                                                                   reinvested)                        reinvested)

Holds a diversified portfolio of   The fund strategy is to fully   This fund is designed to be a      Investments are spread across
Australian shares listed on the    replicate the benchmark         highly diversified international   markets and companies which
Australian Stock Exchange and      holdings in order to closely    equity strategy providing          MFS believes have favourable
some exposure to cash              match the benchmark return      broad exposure to the world        growth prospects and
(maximum of 10% at any             and risk characteristics.       (ex Australia) equity markets.     attractive valuations based on
time).                                                                                                current and expected earnings
                                                                                                      or cash flows.

Returns can be very volatile       High                            Returns can be very volatile       Returns can be very volatile
over the short to medium                                           over the short to medium           over the short to medium
term. Historically, shares have                                    term. Historically, shares have    term. Historically, shares have
offered the highest long-term                                      offered the highest long-term      offered the highest
returns.                                                           returns.                           long-term returns.




90-100% Australian shares          100% Australian shares          100% international shares          100% international shares
0-10% Cash



28.7%                              N/A                             N/A                                N/A
12.2%                              N/A                             N/A                                N/A

1.24% pa                           0.45% pa                        1.22% pa                           1.099% pa

0.4%                               0.2%                            0.6%                               0.7%




                                                                                                             Master Trust               17
      Tier 3: (continued)
      Specialist options International shares                                                                       Property
                                         Platinum                            SSgA International Equities            SSgA Australian Listed
                                         International Fund                  Index Trust                            Property Index Trust
     Objective                           Aims to provide capital growth      To provide a return that closely       To provide a return that closely
                                         over the long term through          matches the benchmark return           matches the benchmark return
                                         searching out undervalued           before tax and fees.                   before tax and fees.
                                         listed and unlisted investments
                                         around the world.

     Benchmark index                     N/A                                 MSCI World ex Australia Index          S&P/ASX 200 – Listed Property
                                                                             (unhedged AUD, net dividend            Accumulation Index
                                                                             reinvested)

     Investment strategy                 The fund invests primarily in       The fund strategy is to fully          The fund strategy is to fully
                                         securities listed on share          replicate the benchmark                replicate the benchmark
                                         markets around the world. The       holdings in order to closely           holdings in order to closely
                                         portfolio ideally will consist of   match the benchmark return             match the benchmark return
                                         around 75 to 150 stocks that        and risk characteristics.              and risk characteristics.
                                         the manager believes to be
                                         undervalued by the market.
                                         Where undervalued stocks
                                         cannot be found funds may be
                                         invested in cash. The manager
                                         may short sell shares that it
                                         considers to be overvalued.
                                         Typically the portfolio will have
                                         50% or more net exposure to
                                         stocks. Currency is actively
                                         managed.

     Risk/return profile                 Returns can be very volatile        High                                   High
                                         over the short to medium
                                         term. Historically, shares have
                                         offered the highest long-term
                                         returns.

     Benchmark                           0-100% international shares         100% international shares              100% property securities
     asset allocation1                   0-100% cash

     Annual return for
     the year ended2
     31 Dec 2004                         7.3%                                N/A                                    N/A
     31 Dec 2005                         19.9%                               N/A                                    N/A

     Management fee3                     1.87% pa                            0.47% pa                               0.45% pa

     Performance fees                    Nil                                 Nil                                    Nil




     Total buy/sell spread               0.5%                                0.55%                                  0.2%



     1 Asset allocations shown are a strategic benchmark, actual allocations may vary.
     2 The Aon Master Trust Allocated Pension was launched on 1 September 2003, some investment options were launched after this date. Only
       currently available full financial year returns are shown. Returns are calculated using Aon Master Trust unit prices, after management fees
       and tax on investment income, but before direct fees.
     3 See Management fees on page 8 for details. Fees shown include GST.




18
Fixed Interest
Macquarie Global                   SSgA Australian Fixed              SSgA Global Fixed Income
Bond Solution                      Income Index Trust                 Index Trust
Aims to outperform the UBS         To provide a return that closely   To provide a return that closely
Australia Composite Bond           matches the benchmark return       matches the benchmark return
Index over the medium term         before tax and fees.               before tax and fees.
(before fees) by using an active
investment strategy.

UBS Australian Composite           UBS Australian Composite           Citigroup WGBI ex Aust,
Bond Index                         Bond Index                         100% hedged to AUD

Uses various managers to           The fund strategy is to use        The fund strategy is to use
manage those assets where          index sampling techniques to       index sampling techniques to
they have demonstrated             approximate the benchmark in       approximate the benchmark in
expertise.                         a range of key risk areas.         a range of key risk areas.
                                                                      Foreign exchange contracts
                                                                      are used to hedge current
                                                                      exposures to Australian dollars.




Relatively low but stable          Low                                Low
returns with some volatility.




100% local and international       100% Australian fixed interest     100% international fixed
fixed interest securities                                             interest



7.9%                               N/A                                N/A
8.2%                               N/A                                N/A

0.66% pa                           0.45% pa                           0.47% pa

10.25% of the return over          Nil                                Nil
the structured benchmark
after taking into account
management fees and
performance fees of
underlying managers

0.18%                              0.1%                               0.12%




                                                                                                         Master Trust   19
     Other important information

     Communicating with you                                  Cooling-off period
     When you join, you will receive a welcome letter        You have a 14-day cooling-off period to ensure that
     confirming your membership, investment and income       the Trust satisfies your needs. The 14-day period
     details, as well as a schedule for Family & Community   commences on the earlier of the day you receive
     Services or Veterans’ Affairs purposes.                 confirmation of membership or five days after your
                                                             allocated pension interest in the Trust is issued.
     In September, an annual benefit statement will
                                                             Within this time you may cancel your membership
     be issued showing the balance of your account and
                                                             and receive a refund of your contribution, adjusted
     any transactions (including interest, taxes, fees and
                                                             for any change in the unit price of the investment
     charges) made during the year. An annual report to
                                                             option(s) selected and tax if applicable.
     members will also be sent to you – this covers the
     Trust’s investment performance and financial            If you choose to cancel your membership within the
     situation for the year.                                 cooling-off period you must notify the trustee in writing.
     At the end of each financial year, we will send         Complaints resolution
     you written confirmation of income amounts for
     the following year and a PAYG payment summary,          The Aon Master Trust has an established procedure for
     which you will need to include with your tax return.    dealing with member complaints about the operation
                                                             and management of the Trust. Complaints should be
     Relationship between the trustee and                    made in writing to the Superannuation Inquiries
     some service providers to the Trust                     Officer, Aon Master Trust, GPO Box 9819,
                                                             Sydney NSW 2001.
     The administrator of the Allocated Pension,
     Aon Consulting Pty Limited, owns all shares in          The trustee has a procedure in place which requires
     the trustee, Aon Superannuation Pty Limited.            it to consider and respond to your complaint within
     Aon Corporation Inc. is the ultimate owner of           90 days. Final resolution may take longer than 90 days
     Aon Consulting Pty Limited.                             depending on the complexity of your complaint. The
                                                             trustee is obliged to advise you of the decision within
     Aon Consulting Pty Limited is paid fees for its         30 days of the decision being made.
     services to the Allocated Pension. These services
     include administration, investment and general          If you have made a complaint and you are not
     consulting and form part of the management fees         satisfied with the decision of the trustee, you
     described on page 8.                                    may have the right to lodge a complaint with the
                                                             Superannuation Complaints Tribunal (SCT). The
     The trustee undertakes that it will not deal with       SCT is an independent body established by the
     service providers who are associates of the trustee     Commonwealth Government to review trustee
     more favourably than it would deal with any other       decisions relating to members (as opposed to trustee
     independent service providers.                          decisions relating to management of the Trust as
     The trustee advises that under the law, where the       a whole). You can phone the SCT from anywhere
     trustee invests, it must deal with the other party      in Australia on 1300 780 808.
     to the investment transaction at arm’s length or        If the SCT accepts your complaint it will try to
     on arm’s length terms.                                  deal with it by conciliation. If this is not successful,
                                                             the SCT may make a binding determination.




20
About Aon                                                  Trust deed
Aon is a worldwide organisation that specialises in        The Trust was established by a trust deed dated
providing solutions for the insurance, superannuation      25 June 1990. It has been amended from time to
and human resources needs of our clients.                  time. The trust deed may be amended by agreement
                                                           between the trustee and the settlor (Aon Consulting
Aon is listed on the Chicago, New York, Frankfurt
                                                           Pty Limited) at any time. The powers to amend are
and London stock exchanges. It has assets worldwide
                                                           limited by the current trust deed and by law. The
in excess of US$25 billion, more than 600 offices in
                                                           trust deed is available for inspection at the office of
125 countries, and over 55,000 employees. Aon
                                                           the administrator. Alternatively, a copy may be posted
Consulting Worldwide is the employee benefits
                                                           to you for a fee of $50 (including GST). In the event
arm of Aon Corporation Inc. Globally, Aon
                                                           of termination and wind-up of the Aon Master Trust
Consulting has over 7,500 employees.
                                                           Allocated Pension, specific rules regarding termination
Aon Consulting Pty Limited has offices in                  and distribution of assets upon termination are
Sydney, Melbourne and Brisbane, with additional            contained in the trust deed and rules.
representation via our sister company, Aon Risk
Services, in all other states. For more information        Other information on request
about Aon visit our global website www.aon.com             Information including product disclosure statements,
                                                           privacy policy and annual reports is available on our
Trustee                                                    website, www.aonmastertrust.com.au.
The trustee, Aon Superannuation Pty Limited
                                                           We may provide other information on request to a
(ABN 83 057 982 822, RSE L0000437), is
                                                           member, person who was a member within the previous
responsible for the overall operation of the Trust.
                                                           12 months, or any other beneficiary of the Trust. We
The Trustee has been granted a license from the            may charge fees for reasonable costs incurred.
Australian Prudential Regulation Authority (APRA)
                                                           The information must be generally available,
to be the trustee of the Trust.
                                                           reasonably practicable to give and reasonably
The trustee acts only as a trustee and does not earn any   required for understanding:
income. All expenditure incurred in administering the
                                                           • whether to acquire this product
Trust is made on behalf of, and paid from, the Trust.
                                                           • current, former or future benefit entitlements
Administrator
                                                           • main features, management and financial condition
The administrator is Aon Consulting Pty Limited              of the Allocated Pension
(ABN 48 002 288 646). See back cover for contact
details.                                                   • investments and investment performance of the
                                                             Allocated Pension.
Custodian                                                  The documents we must provide on request include:
The trustee has appointed Australia and New Zealand
Banking Group Limited (ANZ) as the custodian for           • the governing rules (trust deed) of the Trust
the Aon Master Trust. Its role is to:                      • the audited accounts and copy of the auditor’s report
• receive and hold all assets of the Trust                 • risk management plan
• carry out the sale and purchase and other handling       • most recent copy of the annual report.
  of assets as instructed by the trustee
                                                           There are important exceptions from the disclosure
• receive monies and make payments on behalf of the        requirements for internal working documents,
  trustee.                                                 confidential information, or information or documents
                                                           that would or may tend to disclose personal
                                                           information, trade secrets or commercially
                                                           valuable information devalued by disclosure.


                                                                                           Master Trust              21
     Family law, super benefits                                 Privacy
     and eligible persons                                       In order to provide you with allocated pension benefits
     Family law property orders made after                      and to properly manage the Trust, the Trust collects
     28 December 2002 mean that after the breakdown             and holds personal information about you that
     of a marriage, a superannuation interest may be split      identifies you as a member and typically includes your
     between the parties regardless of who is actually the      name, address, date of birth, gender, occupation, salary,
     member. Superannuation therefore will be treated           tax file number and any other required information.
     like any other ‘asset’ of the marriage.                    Information provided by you may be disclosed to the
     A superannuation interest can be divided by                Trust’s administrator, auditors, government agencies
     agreement or by order of the Family Court.                 or other parties as required, including your financial
                                                                adviser, for the orderly management of the Trust.
     To assist the parties in reaching an agreement,
     an ‘eligible person’ may obtain information and/or         The Privacy Act 1998 protects you by formalising
     a valuation of a member’s superannuation interest          the rules and regulations for the treatment of your
     in the Trust by applying to the Trustee. This is called    personal information.
     an ‘Application for Information’. An ‘eligible person’     The trustee confirms that it has adopted the National
     is defined as you (as a member of the Trust), your         Privacy Principles.
     spouse and anyone who is contemplating entering
     into a superannuation agreement with you (such as a        The Privacy Act also allows you to access your
     fiancé). An application must be made in the prescribed     personal information held by the Trust. Should any of
     form and the Trustee is entitled to charge a ‘reasonable   your personal information be incorrect, you may have
     fee’ for providing such information and/or valuation.      the opportunity to correct it. There are, however, some
     Please note that if someone makes the Application for      circumstances where you may be denied access to your
     Information other than you (as the member), we are         information. The Privacy Officer will advise if any of
     prevented by legislation from informing you that           these circumstances apply, and can assist regarding
     the application has been made.                             any questions or concerns regarding privacy issues.

     These changes do not apply to persons in de facto          You can obtain a copy of the Trust’s privacy
     relationships.                                             statement or the full privacy policy and management
                                                                plan from the Privacy Officer or our website
     The interaction of family law and superannuation is        www.aonmastertrust.com.au
     very complex – we strongly recommend that you and
     your spouse seek both financial and legal advice before    Updating this PDS
     considering splitting superannuation assets. If you
                                                                We may update information in this PDS,
     would like more information on any of these
                                                                which is not materially adverse to you,
     legislative changes, contact us for a written
                                                                by posting the new information on our
     guide or seek legal advice.
                                                                website, www.aonmastertrust.com.au
                                                                We will also provide you with a hard
                                                                copy on request.




22
                                                                                                                     Master Trust




Allocated Pension: Member application
Complete this form to join the Allocated Pension. If you have any questions, call us on 1300 880 588.



A minimum of $50,000 is required to apply for an Allocated                              Sector options
Pension in the Trust. Only unrestricted non-preserved eligible
                                                                                        Australian shares                                                     %
termination payments can be transferred, except in the case of a non-
commutable pension – see page 4.                                                                                                                              %
                                                                                        International shares
1: Your details                                                                                                                                               %
                                                                                        Property
Tick Pif applicable.                                                                                                                                          %
                                                                                        Diversified fixed interest
           I wish to transfer from an existing Aon Master Trust account to                                                                                    %
           the Allocated Pension. My current member number is:                          Cash

                                                                                        Specialist options

                                                                                        Australian shares
Title (Mr, Mrs, Miss, Ms, Dr)
                                                                                        Alpha Investment Management Australian Equity Trust                   %
First names
                                                                                        Barclays Investment Funds – Australian Alpha Equity Fund              %

                                                                                        Colonial First State Wholesale Imputation Fund                        %
Surname                                                                                 Perpetual Wholesale Industrial Fund                                   %

                                                                                        SSgA Australian Equities Index Trust                                  %

Postal address                                                                          International shares

                                                                                        Barclays Investment Funds – Int. Share Fund                           %

                                                                                        MFS Global Equity Trust                                               %
Suburb
                                                                                        Platinum International Fund                                           %
                       State                     Postcode
                                                                                        SSgA International Equities Index Trust                               %
Email
                                                                                        Property

                                                                                        SSgA Australian Listed Property Index Trust                           %

Date of birth    D     D   /	   M   M   	/   Y   Y   Y      Y   Sex M/F                 Fixed interest

                                                                                        Macquarie Global Bond Solution                                        %
2: Your investment options
                                                                                        SSgA Australian Fixed Income Index Trust                              %
Your decision is important and may significantly affect the amount of
benefit you receive. We recommend you obtain advice from a licensed
                                                                                        SSgA Global Fixed Income Index Trust                                  %
financial adviser before making your investment decision. Please note:
• the options you choose must total 100%
• you may not have less than 5% of your account balance in any one                                                                    TOTAL            1 0 0%
   option
• if you do not complete any of the boxes below, your allocated
   pension account will be invested in the Pre-mixed Secure option.                     3: Non-commutable pension (transition to retirement)
I wish my transfer balance to be invested in the following investment                          Tick this box if your termination payment includes preserved
options:                                                                                       benefits and you wish your pension to be a non-commutable
                                                    Transfer balance %                         pension.
Pre-mixed options
                                                                          %             Please ensure you have read the details on pages 4 and 5 carefully before
High Growth                                                                             selecting this option.
Balanced Growth                                                           %
                                                                                        According to current Government rules, payments and withdrawals
                                                                          %             from your account will be drawn in the following order:
Balanced
                                                                                        • unrestricted non-preserved
Capital Stable                                                            %             • restricted non-preserved
                                                                                        • preserved.
Secure                                                                    %
                                                                                        These rules may change in future.


                                                                                                                                                              23
                                                                              Page 1 of 4
4: Pension payment details                                                                     4. How much would you like to receive each payment date?
                                                                                                  (tick one box only)
You can choose to receive your income payments monthly, quarterly,
half-yearly or yearly.                                                                                    The minimum allowed under Government rules1

1. How would you like to receive your pension payments?                                                   The maximum allowed under Government rules2
   (tick one box only)
                                                                                                          The following amount that is between your minimum and
         Monthly                 Quarterly                Half-yearly       Yearly
                                                                                                          maximum limits         $                                per annum.
   If you do not make a selection the default is monthly.
   All payments are made in arrears on the 21st of each month,                                     1 Your payment will automatically be adjusted on 1 July each year in order to

   commencing in the month this form is received or the following                                   maintain this instruction.
   month if received on the 16th or later.                                                         2 This payment will remain the same until it falls outside the minimum/
                                                                                                    maximum range.
2. Payments can be made electronically via direct credit or by cheque.
   How would you like to receive payment? (tick one box only)                                  5. From which option(s) do you wish to be paid (complete dollar

 	
		      I wish to have my allocated pension benefit banked into
        the following account.
                                                                                                  amounts OR percentage amounts).
                                                                                                                                             Dollar
                                                                                                                                            amount
                                                                                                                                                       Percentage
                                                                                                                                                         amount
                                                                                                  Pre-mixed options
         Name of financial institution
                                                                                                   High Growth                                      $                        %

                                                                                                   Balanced Growth                                  $                        %

                                                                                                   Balanced                                         $                        %

         Address of financial institution                                                          Capital Stable                                   $                        %

                                                                                                   Secure                                           $                        %

                                                                                                   Sector options

                                                                                                   Australian shares                                $                        %
         Suburb

                                                                                                   International shares                             $                        %
                     State                            Postcode
                                                                                                   Property                                         $                        %
         Name of account holder
                                                                                                   Diversified fixed interest                       $                        %

                                                                                                   Cash                                             $                        %

                                                                                                   Specialist options
         BSB number
                                                 –
                                                                                                   Australian shares
         Account number
                                                                                                   Alpha Investment Management
                                                                                                                                                    $                        %
                                                                                                   Australian Equity Trust


 	
		
                                                                                                   Barclays Investment Funds – Australian
                                                                                                                                                    $                        %
         Please post my cheque to my preferred address. If different                               Alpha Equity Fund
         from the address listed in section 1, please complete below:                              Colonial First State Wholesale                   $                        %
                                                                                                   Imputation Fund
                                                                                                   Perpetual Wholesale Industrial Fund              $                        %

                                                                                                   SSgA Australian Equities Index Trust             $                        %


         Suburb                                                                                    International shares

                     State                            Postcode                                     Barclays Investment Funds –
                                                                                                                                                    $                        %
                                                                                                   International Share Fund
3. When would you like your payments to commence? Specify date                                     MFS Global Equity Trust                          $                        %

  of first payment   D
                         2   1
                             D      /	   M   M   	/   Y      Y    Y     Y                          Platinum International Fund                      $                        %

   Note: All payments are made on the 21st of each month as                                        SSgA International Equities Index Trust          $                        %
   explained above. If you do not make a selection the default is the
   21st day of the month after we receive this form.



    24
                                                                                     Page 2 of 4
  Property                                                                         Dependant 4
  SSgA Australian Listed Property
                                                      $              %             Name in full
  Index Trust



                                                                                                                /	           	/
  Fixed interest
                                                                                   Date of birth   D    D            M   M        Y       Y   Y   Y
  Macquarie Global Bond Solution                      $              %
                                                                                   Relationship
  SSgA Australian Fixed Income Index Trust            $              %
                                                                                   Dependant(s) share
  SSgA Global Fixed Income Index Trust                $              %
                                                                                   Dependant 1                               %

                                              $               1 0 0%               Dependant 2                               %
  TOTAL
                                                                                   Dependant 3                               %
  Note: If you do not make a selection, your pension payment will be
  drawn in proportion to your current investment holding within the
  Allocated Pension.                                                               Dependant 4                               %

5: Nominate your dependants                                                        TOTAL                    1       0    0   %

In the event of your death while you are a member of the Trust,                    6: Transferred benefits/rollovers into the
the benefit provided under the rules of the Trust is usually payable                  Aon Master Trust
by the trustee to one or more of your dependants or to your estate.
                                                                                   Please indicate below the amount of your ETP benefit rollovers. You
Dependants are limited by law to your spouse, your children and
any other persons who are financially dependent on you or in an                    may use Transfer super benefits form(s) to instruct your previous fund
interdependency relationship with you.                                             to rollover your benefit(s) into the Aon Master Trust – see New member
                                                                                   checklist on page 35.
If you do not have any dependants please tick this box                             Please attach a letter with details if you have more than three ETP rollovers.

If you do have dependants, we recommend that you list your preferred               ETP provider (1):
beneficiaries for payment of your death benefit below, however you
are not required by law to do so. You may change this nomination
at any time. Your nomination is not binding on the trustee.

Please attach a letter if you wish to nominate more than 4 dependants.
                                                                                   Policy number
Dependant 1
                                                                                   Approximate amount           $
Name in full
                                                                                   ETP provider (2):


Date of birth   D   D   /	   M   M   	/   Y       Y   Y   Y


Relationship
                                                                                   Policy number
Dependant 2
                                                                                   Approximate amount           $
Name in full
                                                                                   ETP provider (3):


Date of birth   D   D   /	   M   M   	/   Y       Y   Y   Y


Relationship
                                                                                   Policy number
Dependant 3
                                                                                   Approximate amount           $
Name in full


                                                                                                                                      $
Date of birth   D   D   /	   M   M   	/   Y       Y   Y   Y
                                                                                   ETP rollover total (approximate)


Relationship



                                                                                                                                                            25
                                                                         Page 3 of 4
7: Privacy                                                                                  IMPORTANT
                                                                                            Before you sign this application form, the trustee or an adviser is
Personal information
                                                                                            obliged to give you a Product Disclosure Statement (which is a
The personal information that the Aon Master Trust collects is used to:                     summary of important information relating to the Trust). The Product
• process your application and requests                                                     Disclosure Statement will help you to understand the product and
• administer your account and provide you with bene ts and options                          decide if it is appropriate to your super needs.
• conduct research about how to improve Aon Master Trust services
                                                                                            Your signature
  and products.
Unless required or authorised by law, we will only provide your personal
information to authorised service providers and other Aon companies who
use the information to administer your account and provide services to you.
                                                                                            Date
Marketing material
From time to time, the Aon Master Trust may send                                            D   D     M /   M       /   Y   Y   Y   Y
marketing material to members about exclusive o ers
and promotions. If you do not want to receive this material
                                                                                            10: Adviser details – adviser to complete
please tick ( ) this box:
For more information about privacy, including a copy of the                                 Adviser code        XAV GM
Aon Master Trust privacy policy, call us on 1300 880 588 or visit
www.aonmastertrust.com.au

8: Adviser authority                                                                        Adviser name
You can request that all information on your superannuation,
investment accounts, or other nancial information held by Aon
Master Trust be released to your nominated adviser on his/her request.
You can cancel this authority at any time by giving written notice to
the trustee at its registered of ce.
                                                                                            Telephone
Before you can give your adviser authority to access information about
you, your adviser dealer’s group must be a licensed dealer in securities.
If you wish to give your adviser authority to access information about                      Adviser dealer group       Xavax Pty Ltd
you please tick the box below and ask your adviser to complete
Section 10.
                                                                                                                        AFSL 281568
      I elect my adviser, whose details appear in Section 10, as my                                                    PO Box A2202
 X    authorised and servicing adviser to any policies held with your
      institution. This includes servicing rights and responsibilities to                                         Sydney South NSW 1235
                                                                                            Postal address
      such policy/s. Please note this on your records.                                                              Phone: 1300721038
I authorise my adviser to access via the internet my bene t quote
information, contribution history and other online details, with the                                              Email: contact@xavax.biz
exception of tax le number data, and to make a member enquiry
on my behalf.
                                                                                            Suburb                Web: www.xavax.com.au
                                                                                                                   State                      Postcode
9: Declaration
The full terms and conditions of the Aon Master Trust are set out in the
                                                                                            Transfer fee                                (0%–5%)             0      %
trust deed. You can obtain a copy on request from the administrator
                                                                                            Asset administration fee                    (0.5%–1.3%)          %
on 1300 880 588.
1. I apply for membership of the Aon Master Trust. On being admitted
                                                                                            Adviser service fee                         (0%–2%)             0.4    %
    to membership of the Aon Master Trust I will be bound by the trust
    deed and the rules thereunder. I acknowledge that I have received a                     Adviser’s signature
    Product Disclosure Statement and a copy of the most recent annual
    report that sets out my bene ts and some important features of the
    Aon Master Trust.
2. I understand that my nomination of preferred dependant(s) is not
    legally binding on the trustee. I also understand that I can change                     Date
    this nomination at any time and any subsequent nomination cancels
    this nomination.                                                                        D   D     M /   M       /   Y   Y   Y   Y

3. I understand that information contained in this form may be ‘sensitive’
    under the Privacy Amendment (Private Sector) Act 2000 and I consent
    to this information being made available to the Trust’s consultant,
    administrator, legal adviser(s) and any other relevant third party,
    including my nancial adviser, in order to e ect my application.
4. If I am an Aon Master Trust member transferring bene ts to an
    Allocated Pension, I authorise the transfer of my current bene ts
    and any contributions received after bene ts are transferred.                           Aon Master Trust RSE R1000566
    I understand the Aon Master Trust may be required by law to deduct                      Trustee: Aon Superannuation Pty Limited
    tax from the untaxed portion (if any) of the amount transferred.                        ABN 83 057 982 822, AFSL 237465, RSE L0000437.




     26
                                                                              Page 4 of 4
     Send your completed form to: Aon Master Trust
     GPO Box 9819, Sydney NSW 2001                                                                                                                         AMT23.1 PDS
                                                                                                                                                                    ORIGINAL – Tax Office copy
                                                                                                                                                                  ORIGINAL – Tax Office copy
                                                                      Tax file number declaration
                                                                     Tax file number declaration
                                                                        This declaration is NOT application for a a file number.
                                                                     This declaration is NOT an an application fortaxtax file number.
                                                                           Please print neatly in BLOCK LETTERS and a BLACK pen.
                                                                       Please print neatly in BLOCK LETTERS and useuse a BLACK pen.
                                                                           Print X in appropriate boxes.
                                                                       Print X in thethe appropriate boxes.
                                                                       Make sure youyou read thethe instructions before you complete this declaration.
                                                                           Make sure read all all instructions before you complete this declaration.                        30920706
                                                                                                                                                                          30920706
      www.ato.gov.au
    www.ato.gov.au
 Section To be completed by the PAYEE
Section A:A: To be completed by the PAYEE
   What is is your tax
1 1 What your tax                                                                                        On what basis are you paid? (Select only one.)
                                                                                                      7 7 On what basis are you paid? (Select only one.)
     file number (TFN)?
   file number (TFN)?
                                   OR I have made a separate application/enquiry to thethe
                                    OR I have made a separate application/enquiry to
                                                                                                            Full-time
                                                                                                         Full-time
                                                                                                         employment
                                                                                                       employment
                                                                                                                            Part-time
                                                                                                                               Part-time
                                                                                                                          employment
                                                                                                                            employment
                                                                                                                                                Labour
                                                                                                                                             Labour
                                                                                                                                                hire
                                                                                                                                                   hire
                                                                                                                                                                Superannuation
                                                                                                                                                             Superannuation
                                                                                                                                                             pension or annuity
                                                                                                                                                           pension or annuity   x x employment
                                                                                                                                                                                        Casual
                                                                                                                                                                                          Casual
                                                                                                                                                                                   employment
               See Privacy
           See Privacy                                 Office for a new or or existing TFN.
                                                   TaxTax Office for a new existing TFN.
     of information on on
         of information                                                                                  Are you an Australian resident
                                                                                                      8 8 Are you an Australian resident                                            must answer No
                                                                                                                                                                                YouYou must answer No
         page
     page 6. 6.                        OR I claiming an exemption because I am under
                                     OR I amam claiming an exemption because I am under                      tax purposes?
                                                                                                         forfor tax purposes?                             Yes
                                                                                                                                                            Yes        No No       at question
                                                                                                                                                                                at question 9. 9.
                                         years of of age and not earn enough to to tax.
                                      18 18 years age and do do not earn enough paypay tax.
                                                                                                         Do you want to claim the tax-free threshold
                                                                                                      9 9 Do you want to claim the tax-free threshold       ONLY CLAIM THE TAX-FREE
                                                                                                                                                         ONLY CLAIM THE TAX-FREE
                                                  OR I claiming an exemption because
                                                 OR I amam claiming an exemption because                    from this payer?
                                                                                                         from this payer?
                                                                      I amam a pensioner.
                                                                         I a pensioner.                                                                 THRESHOLD FROM ONE PAYER.
                                                                                                                                                      THRESHOLD FROM ONE PAYER.
                                                                                                              If have more than one source of of income and
                                                                                                          If youyou have more than one source income and
2 2 Do you authorise your payer to give your TFN to
   Do you authorise your payer to give your TFN to                                                            currently claim tax-free threshold from another payer, do not claim it it now.
                                                                                                          currently claim thethe tax-free threshold from another payer, do not claimnow.
     the trustee your superannuation fund or to
   the trustee of of your superannuation fund or to YesYes                          No No                                         Answer No No questions 10 10 and 11 unless you are a non-resident
                                                                                                                                     Answer at at questions and 11 unless you are a non-resident
                                                                                                           Yes Yes      No No
     your retirement savings account provider?
   your retirement savings account provider?                                                                                         claiming a senior Australians, zone or overseas forces offset.
                                                                                                                                  claiming a senior Australians, zone or overseas forces taxtax offset.

                                                                                                          Do you want to claim family tax benefit or the senior Australians tax offset
                                                                                                      10 10 Do you want to claim family tax benefit or the senior Australians tax offset
   What is is your name?
3 3 What your name?                    Title: Mr Mr
                                   Title:                  Mrs
                                                             Mrs             Miss
                                                                          Miss              MsMs          by by reducing the amount withheld from payments made to you?
                                                                                                             reducing the amount withheld from payments made to you?
      Surname or family name
   Surname or family name                                                                                               Complete a Withholding declaration, only if if are claiming
                                                                                                                     Complete a Withholding declaration, butbut onlyyouyou are claiming
                                                                                                            Yes
                                                                                                          Yes            tax-free threshold from this payer. If you have more than
                                                                                                                     thethe tax-free threshold from this payer. If you have more than         No No
                                                                                                                        one payer, page 3.
                                                                                                                     one payer, seesee page 3.
      First given name
   First given name
                                                                                                          Do you want to to claim a zone, overseas forces, dependent spouse or special
                                                                                                      11 11 Do you want claim a zone, overseas forces, dependent spouse or special taxtax
                                                                                                             offset reducing the amount
                                                                                                          offset by by reducing the amount                    Complete
                                                                                                                                                           Complete a a
   Other given names
      Other given names                                                                                   withheld from payments made to you? YesYes
                                                                                                             withheld from payments made to you?              Withholding declaration. No No
                                                                                                                                                           Withholding declaration.

                                                                                                          (a) Do you have an accumulated Higher Education Loan
                                                                                                      12 12 (a) Do you have an accumulated Higher Education Loan
                                                                                                             Programme (HELP) debt?
                                                                                                          Programme (HELP) debt?
   If If you have changed your name since you last dealt with the Tax Office,
4 4 you have changed your name since you last dealt with the Tax Office,                                                 Your payer withhold additional amounts
                                                                                                                     Your payer willwill withhold additional amounts
      show your previous family name
   show your previous family name                                                                         Yes
                                                                                                            Yes      to cover anyany compulsory repayments.
                                                                                                                        to cover compulsory repayments.                                       No No
                                                                                                              Do you have an accumulated Financial Supplement debt?
                                                                                                          (b)(b) Do you have an accumulated Financial Supplement debt?
                                                                                                                        Your payer withhold additional amounts
                                                                                                                     Your payer willwill withhold additional amounts
                                                        Day Day                         YearYear
                                                                                                            Yes
                                                                                                          Yes           to cover compulsory repayments.
                                                                                                                     to cover anyany compulsory repayments.                                   No No
                                                                        Month
                                                                     Month

   What is is your date birth?
5 5 What your date of of birth?                                                                           If If you have annuity or superannuation pension, do you want to claim
                                                                                                      13 13 you have anan annuity or superannuation pension, do you want to claim
                                                                                                             entitlements a a deductible amount tax offset?
                                                                                                          entitlements to todeductible amount or or tax offset?
   What is is your home address in Australia?
6 6 What your home address in Australia?                                                                                Your superannuation provider or organisation that sold
                                                                                                                     Your superannuation provider or thethe organisation that sold
                                                                                                            Yes
                                                                                                          Yes        youyou your annuity will work out your entitlement.
                                                                                                                         your annuity will work out your entitlement.                         No No

                                                                                                        DECLARATION payee: I declare that the information I have given is is true and correct.
                                                                                                      DECLARATION by by payee: I declare that the information I have giventrue and correct.
                                                                                                         Signature
                                                                                                      Signature
                                                                                                                                                            Date
                                                                                                                                                          Date
     Suburb or town
   Suburb or town                                                                                                                                            Day Day     Month
                                                                                                                                                                            Month          YearYear



      State
   State                        Postcode
                             Postcode
                                                                                                               There penalties for deliberately making a false or or misleading statement.
                                                                                                             There areare penalties for deliberately making a false misleading statement.


        Once this form is completed and signed, send the original the Tax Office and keep your copy in a a secure place.
      Once this form is completed and signed, send the original to to the Tax Office and keep your copy insecure place.

 Section To be completed by the PAYER
Section B:B: To be completed by the PAYER
   What is is your Australian business number (ABN) your
1 1 What your Australian business number (ABN) (or(or your                                               What is is your business address?
                                                                                        Branch number 4 4 What your business address?
                                                                                    Branch number
     withholding payer number if you are not in business)?
   withholding payer number if you are not in business)?                                (if applicable)
                                                                                    (if applicable)
                                                                                                           G G PO O B BO O X
                                                                                                              P           X                       9 98 81 19 9
      8
    66 8          9 96 64 4 7 71 12 2 3 34 40 0
   If If you don’t have ABN or withholding payer number, have you applied
2 2 you don’t have anan ABN or withholding payer number, have you applied
   forfor one?
       one?                                                                                                 Suburb or town
                                                                                                          Suburb or town

      Yes
    Yes          No No
                                See ‘More information payers’
                             See ‘More information for for payers’                                                  N
                                                                                                           S SY YD D NE EY Y
                                page 6.
                             on on page 6.
                                                                                                             State
                                                                                                          State                      Postcode
                                                                                                                                  Postcode
3 3 What your registered business name or or trading name (or your individual
   What is is your registered business name trading name (or your individual                                     W
                                                                                                           N NS S W                2 20 00 01 1
     name if not in business)
   name if not in business)
                                                                                                         Who is is your contact person?
                                                                                                      5 5 Who your contact person?
       O       A
    A A ON N MM AS ST TE ER R                                T TR RU US ST T
                                                                                                              O
                                                                                                           C C ON NT TA AC CT T                   C CE EN NT TR RE E
                                                                                                          Business phone number
                                                                                                            Business phone number       1 13 30 00 08 88 80 05 58 88 8
                                                                                                         If If you longer make payments to this payee, print X X in this box
                                                                                                      6 6 you nono longer make payments to this payee, printin this box
  DECLARATION payer: I declare that the information I have given is is true and correct.
DECLARATION by by payer: I declare that the information I have giventrue and correct.
Signature of payer
   Signature of payer                                                                                                                                                         Please estimate time
                                                                                                                                                                           Please estimate thethe time
                                                                                                                Return completed original Office copy to:
                                                                                                            Return completed original TaxTax Office copy to:
                                                      Date
                                                        Date                                                                                                                  taken to complete
                                                                                                                                                                           taken to complete
                                                                                                            WA, SA, NT, VIC or or TAS ForFor NSW, QLD ACT
                                                                                                        ForFor WA, SA, NT, VIC TAS           NSW, QLD or or ACT               section
                                                                                                                                                                           section B. B.
                                                        Day Day      Month
                                                                        Month           YearYear
                                                                                                           Australian Taxation Office
                                                                                                        Australian Taxation Office           Australian Taxation Office
                                                                                                                                         Australian Taxation Office
                                                                                                        PO PO Box 795
                                                                                                           Box 795                       PO PO Box 9004
                                                                                                                                            Box 9004                            5 5 mins
                                                                                                                                                                                  mins
                                                                                                           ALBURY NSW 2640
                                                                                                        ALBURY NSW 2640                     PENRITH NSW 2740
                                                                                                                                         PENRITH NSW 2740
          There penalties for deliberately making a false or or misleading statement or failing
       There areare penalties for deliberately making a false misleading statement or failing
     to forward original to to Tax Office.
 to forward thethe original thethe Tax Office.                                                                               TAXPAYER-IN-CONFIDENCE (when completed)
                                                                                                                          TAXPAYER-IN-CONFIDENCE (when completed)
  NAT 3092-07.2006
NAT 3092-07.2006
Privacy Act 1988 – storage and disposal of TFN information. Under the TFN guidelines in the Privacy
Act, you must use secure methods when storing and disposing of TFN information.
Retaining declarations – Under tax laws, if a payee submits a new Tax file number declaration or
leaves your employment, you must still keep this declaration for the current and next financial year.
This page has been left blank intentionally
                                                                                                                         Master Trust




Allocated Pension: Transfer super benefits
Use this form to transfer your superannuation benefits from another fund to the Aon Master Trust Allocated Pension.
If you have any questions, call us on 1300 880 588.


Complete a separate form for each fund you are transferring a benefit                  2: Old fund information
from. For additional forms, photocopy this page, visit our website or call
1300 880 588.                                                                          Fund name

 Important: Before completing this form, you should check with
 your old fund for information about your benefits in that previous
 fund including information on exit, transfer, withdrawal and other
 fees, any insurance cover you may have, and the availability of
 investment options. You should do this so that you fully understand                   Fund postal address
 the effects of transferring your benefits.
 For details about the fees charged by the Aon Master Trust, see the
 relevant Product Disclosure Statement, visit the website or call us
 on 1300 880 588.                                                                      Suburb

                                                                                                                 State                      Postcode
1: Aon Master Trust member information
                                                                                       Fund telephone

Member number                                                                          3: Your personal details in the old fund
Title (Mr, Mrs, Miss, Ms, Dr)                                                          Old fund membership number*

First names


                                                                                       Tick here           if name and address are same as section 1.
Surname                                                                                                    If not, provide changes below.


                                                                                       First names

Postal address

                                                                                       Surname

Suburb

                     State                     Postcode                                Street or postal address (as given to old fund)

Email




                                                                                       Suburb

Telephone                                                                                                        State                      Postcode

Date of birth    D   D   /	   M   M   	/   Y   Y   Y      Y                            * If known. If possible, contact old fund to confirm.

                                                                                           Note: Your old fund may require certified proof of identity in order to finalise
                                                                                           the transaction. Please attach a certified photocopy of your driver’s licence or
                                                                                           passport details page showing your signature and date of birth.




                                                                                                                                                                              33
                                                                             Page 1 of 2
4: Declaration                                                                          Note to old fund: Payment instructions
By signing this request form I am making the following statements:
                                                                                        Cheque payments
• I declare that I have fully read this form and the information I have
  provided on this form is true and correct.                                            Make cheque out to: Aon Master Trust – Account 2
• I am aware that I may ask the trustee of my old superannuation
  fund for all the information that I need to understand my                             Cheque number
  benefit entitlements in that fund (including information on
  exit, transfer, withdrawal and other fees, insurance, investment                      Amount    $
  options and the effect of transfer on those benefit entitlements)
  AND I do not require any further information.                                         Mail to: Aon Master Trust, GPO Box 9819, Sydney NSW 2001
• I understand and acknowledge the implications of transferring
                                                                                        Note: Please provide a copy of the transferring member’s Eligible
  my benefits from my old fund to the Aon Master Trust.
                                                                                        Termination Payment Rollover Statement with the cheque.
• I am aware of and authorise the deduction of transfer/withdrawal
  fees by my old fund (if any) and any tax payable from the benefits
  transferred (subject to legislative restrictions).
• I authorise Aon Superannuation Pty Limited as the Trustee of Aon
  Master Trust, to make arrangements to have any benefits transferred
  from my old fund to the Aon Master Trust.
• I request and consent to the transfer of all my benefits from my old
  superannuation fund to the Aon Master Trust by Aon Superannuation
  Pty Limited and acknowledge that this consent is irrevocable.
• I authorise Aon Consulting Pty Limited to obtain information relating
  to my benefits in the old fund.
• I discharge the Trustee of my old superannuation fund from all
  further liability in respect of the benefits transferred to the
  Aon Master Trust.

Your signature




Date

D      D   /	   M   M   	/   Y   Y   Y   Y




    Aon Master Trust details
    • Australian Business number (ABN): 68 964 712 340
    • Superannuation fund number (SFN): 134 984 943
    • Superannuation product identification number (SPIN): AON0206AU




Aon Master Trust RSE R1000566
Trustee: Aon Superannuation Pty Limited
ABN 83 057 982 822, AFSL 237465, RSE L0000437.


      34
                                                                          Page 2 of 2
      Send your completed form to:
      Aon Master Trust, GPO Box 9819, Sydney NSW 2001                                                                                             AMT24.1 PDS
New member checklist                                                         Making financial
    1. Read this Product Disclosure Statement
                                                                             decisions?
        Please read this PDS and discuss this product with your financial
                                                                             If you do not have a financial
        adviser. If you would like more information about finding a
        financial adviser, please contact us.                                adviser and would like advice on
    2. Send us a completed Allocated Pension: Membership                     choosing investment options or
       Application form                                                      comparing financial products,
        If you decide to join the Aon Master Trust Allocated Pension,
        complete the Application form (pages 23–26).                         call us on 1300 880 588 for more
        Please ensure the following details are complete:                    information about financial

		            Date pension payments are to commence.                         planning services.

		            Method of payment (and bank account details if applicable).


		            Annual gross payment amount (must be within minimum
              and maximum limits – see page 12).

		            The form is signed and dated.

    3. Send us a completed Tax file number declaration form
        In addition to the Application form, please send us a completed
        Tax file number declaration (page 27).
        Please ensure the following details are complete:

		            Questions 1–13 in Section A (all PAYEE questions) have
              been answered. Leave Section B blank.

		            If you answered Yes to Questions 11 or 12, also complete the
              Withholding Declaration on pages 29–31 and return it to us.

        Instructions for completing the Tax file number declaration and
        the Withholding declaration are available at www.aonmastertrust.      Directory
        com.au/allocat_form.htm or contact us for a copy.
        You do not have to provide us with your Tax File Number but if        Administrator
        you do not, tax will be withheld from your pension payments at
                                                                              Aon Consulting Pty Limited
        the highest marginal tax rate.
                                                                              GPO Box 9819
    4. Send us a completed Transfer super benefits form                       Sydney NSW 2001

 	
		     from your old super fund or funds
        Complete, sign and return a Transfer super benefits form
        (pages 33–34) for each of your old funds (you can use
                                                                              Phone: 1300 880 588
                                                                              Fax: 1800 010 435
                                                                              Email: contactcentre@aon.com.au
        photocopies or download additional copies from our website
                                                                              Web: www.aonmastertrust.com.au
        if required). We will then contact your old fund(s) and notify
        you once the transfer has taken place.

        OR send us completed ETP rollover details and                         Trustee
        cheques                                                               Aon Superannuation Pty Limited
        If you prefer, you can contact your old funds directly and have       ABN 83 057 982 822
        them provide you with Eligible Termination Payment rollover           AFSL 237465
        details and accompanying cheques. All cheques must be made            RSE L0000437
        payable to: Aon Master Trust – Account 2.

A minimum of $50,000 is required to open an Aon Master Trust                  Custodian Services
Allocated Pension. Your Allocated Pension will only be opened once            Australian and New Zealand
the above steps are complete and an ETP payment cheque for                    Banking Group Limited
a minimum $50,000 has been received.
                                                                              ABN 11005 357 522
All forms and documents are available from our website or by contacting       AFSL 234527
us (see back cover).




                                                                                            Master Trust        35
Administrator
Aon Consulting Pty Limited
Phone: 1300 880
Company Name 588
Address Line 010 435
Fax: 1800 1
Email: contactcentre@aon.com.au
Address Line 2
Mail: Aon Master Trust
Address Line 3
       GPO 4
Address Line Box 9819
       Sydney NSW 2001
www.aon.com.au
Web: www.aonmastertrust.com.au




                                  Master Trust