Super and Pension Manager Supplementary Product Disclosure

Transcription

1 Super and Pension Manager Supplementary Product Disclosure Statement Macquarie Wrap Smart administration solutions made simple Super and Pension Manager Supplementary Product Disclosure Statement (SPDS) issued by Macquarie Investment Management Limited ABN AFSL RSEL L Issued 15 December 2008 This Super and Pension Manager SPDS is to be read together with the Macquarie Super and Pension Manager (RSE R ) Product Disclosure Statement (PDS) dated 15 December 2008 and any other SPDS. This supplementary PDS is for a Term Allocated Pension, offered through Super and Pension Manager. References in the Super and Pension Manager PDS generally also apply to the Term Allocated Pension unless otherwise stated in this Supplementary PDS. The application form referred to in this Supplementary PDS refers to the Term Allocated Pension application form on page 5 of this Supplementary PDS. The Term Allocated Pension was offered until 19 September From 20 September 2007, the Term Allocated Pension is available for rollovers from existing complying pensions, in conjunction with the Super and Pension Manager PDS dated 15 December Supplementary PDS: refers to this document. PDS: refers to the Super and Pension Manager PDS dated 15 December MIML is not an authorised deposit-taking institution for the purposes of the Banking Act (Cth) 1959, and MIML s obligations do not represent deposits or other liabilities of Macquarie Bank Limited. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of MIML. Investments in Term Allocated Pension are not deposits with or other liabilities of Macquarie Bank Limited or of any Macquarie Bank Group company, and are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Neither Macquarie Bank Limited, Macquarie Investment Management Limited, Macquarie Life Limited ABN AFSL , Macquarie Equities Limited ABN AFSL nor any other investment managers referred to in this PDS, nor any other member company of the Macquarie Bank Group guarantees the performance of Term Allocated Pension or the repayment of capital from Term Allocated Pension.

2 The following information replaces that found on page 1 of Part A of the PDS. Super and Pension Manager covers your retirement planning requirements and is comprised of: Super Manager: an accumulation superannuation solution; Pension Manager: offering both transition to retirement pensions and a standard account based pension; and Term Allocated Pension Manager: offering both transition to retirement pensions and a term allocated pension. The following information is in addition to that found on page 2 of Part A of the PDS. Flexibility with the Term Allocated Pension With the Term Allocated Pension, you can work with your adviser to: determine and change the frequency of your pension (monthly, quarterly, half yearly or yearly); amend the amount of your pension within the limits set by the Government; and nominate the investments from which your pension payments will be drawn. The following information replaces that found on page 2 of Part A of the PDS. Investing in Pension Manager You can generally only commence a Term Allocated Pension by rolling over unrestricted non-preserved amounts and only with amounts that are rolled over from existing complying pensions. The following information is in addition to that found on page 3 of Part A of the PDS. Features of a Term Allocated Pension An investment in the Term Allocated Pension provides you with a regular stream of pension payments over a fixed term. Except in very limited circumstances, you will not be able to access your investment by withdrawing lump sum amounts. Term Allocated Pensions that are purchased prior to 20 September 2007, receive favourable assets test treatment for some social security purposes. 50% of the value of a Term Allocated Pension that is purchased before this date is exempt from your assessable assets under the assets test for the age pension and certain Veterans Affairs benefit entitlements. Also, 100% of the value of a Term Allocated Pension purchased before that date is exempt under the assets test for Federal Government assistance relating to certain aged care accommodation costs. The assets test treatment of the Term Allocated Pension is a key difference between this type of pension and Pension Manager when purchased before 20 September The favourable assets test treatment continues to apply to these Term Allocated Pensions beyond 20 September 2007 and consequently may assist your current or future ability to qualify for certain social security entitlements. A Term Allocated Pension may only be purchased on or after 20 September 2007 in limited circumstances. Broadly, a Term Allocated Pension may be purchased only with the proceeds arising from the commutation of another term allocated pension or similar type of pension. If a Term Allocated Pension is purchased on or after 20 September 2007 favourable assets test treatment will only apply in very limited circumstances. Otherwise, 100% of the value of a Term Allocated Pension purchased on or after that date will count as an assessable asset for social security purposes. A Term Allocated Pension generally provides less flexibility than Pension Manager with respect to the level of payments you may choose to receive each year. Also, the latter generally provides ongoing access to your investment if you choose to withdraw lump sum amounts. You should consult your adviser about whether investing in a Term Allocated Pension is suitable for you and about the tax and social security treatment of a Term Allocated Pension. Key differences between Pension Manager and the Term Allocated Pension are summarised in the table below. Term Pension payments Term Allocated Pension Manager Pension payments are made over a fixed term which is set at commencement. The portfolio balance will be depleted at the end of the term. Amount of pension calculated at 1 July each year. You are generally able to vary your pension by a maximum of 10% above and 10% below the standard pension. Pension Manager Pension payments are made until the account is depleted (no set term). Minimum payment amount calculated at 1 July each year. Maximum payment amounts calculated at 1 July each year also apply for transition to retirement pensions. Access to benefits No access other than pension payments. Generally unrestricted access to benefits, excluding transition to retirement pensions. Assets test treatment for Age Pension and certain Veterans Affairs benefits Assets test for assistance with accomodation costs 50% assets test exemption for pensions purchased prior to 20 September No assets test exemption applies for pensions purchased on or after 20 September 2007 except in limited circumstances. 100% assets test exemption for pensions purchased prior to 20 September No assets test exemption applies for pensions purchased on or after 20 September No assets test exemption. No assets test exemption. 2

3 Selecting the term (Term Allocated Pension) On the application form, you need to indicate the number of years over which you would like your Term Allocated Pension to be paid (the term ). The Government has set restrictions on the range of terms from which you can select, which are based on either your own or your spouse s life expectancy at the date you commence your pension. If you invest in a Term Allocated Pension on or after 20 September 2007 we require that you choose from the range of terms based on your own age or life expectancy even if you have nominated your spouse as the reversionary pensioner. You can choose a term ranging from a minimum term based on your life expectancy 1 at the date of commencement, through to a maximum term which will be the greater of a term based on the number of years between your last birthday and when you reach age 100 or a term based on your life expectancy if you were five years younger at the date of commencement. 1 Life expectancies are rounded up to the next whole number of years. The term may be varied by up to 12 months in the last year of income, if agreed with Macquarie and subject to relevant legislation. Available terms 2 Age Male Female This refers to the age at commencement of your pension. For available ranges that apply for other ages please speak to your financial adviser. The following information is in addition to that found in the How do I withdraw? section in Part B of the PDS (available at (password: super)). Withdrawals from your Term Allocated Pension Lump sum amounts may only be withdrawn from your Term Allocated Pension in limited circumstances including: to purchase another complying income stream; to pay superannuation tax at the instruction of the ATO; to give effect to a payment split under family law; or upon your death, or, where you have selected a term based on your spouse s life expectancy (applicable only for Term Allocated Pensions that commenced before 20 September 2007), upon the death of both yourself and your reversionary pension beneficiary. These circumstances are even more limited if you have purchased a transition to retirement Term Allocated Pension with preserved or restricted non-preserved amounts. The following information is in addition to that found in the How do I withdraw? section in Part B of the PDS (available at (password: super)). Taking a pension The Term Allocated Pension allows you to receive regular payments within prescribed limits from your portfolio for a specified term and choice of the underlying investment options. The Term Allocated Pension may be commenced once you meet the relevant rules to access your superannuation benefit, or by rolling over an unrestricted non-preserved amount. If you have reached your preservation age, you may choose to commence a Term Allocated Pension with either restricted non-preserved or preserved amounts. This is known as a transition to retirement Term Allocated Pension. You may receive your pension payments monthly, quarterly, half-yearly or annually. Your adviser can amend your pension frequency online. Pension payments will be transferred electronically to your nominated Australian financial institution account, on or around the 15th day of the month. If you invest before the first day in any calendar month, your first pension payment can generally be made on the 15th day of that month. In the first year the payments you are required to take annually will generally be pro-rated based on the number of days between your pension commencement and the end of the financial year. The following information is in addition to that found in the How do I withdraw? section in Part B of the PDS (available at (password: super)). Pension payments Term Allocated Pension The standard annual pension payment paid from your Term Allocated Pension is based on the balance in your account and the remaining term of your Term Allocated Pension. This amount will vary each year. It is calculated when you commence your Term Allocated Pension and thereafter at 1 July each year. Confirmation of the annual pension payment applicable to your Term Allocated Pension will be sent to you upon commencement and updated online each year. You may vary your annual pension payment by selecting a payment from 90% (minimum) to 110% (maximum) of the standard annual pension payment. If your Term Allocated Pension is purchased on or after 20 September 2007 the annual pension payment must also comply with the minimum account based pension payment as determined by the minimum payment factors outlined on page 30 of the Super and Pension Manager PDS. In some cases, this might mean at some stage during the term of your Term Allocated Pension that the range of pension payments is more restrictive than the 90% 110% range referred to above. 3

4 How to complete the application forms Term Allocated Pension Manager General guidelines You can invest by cheque, rollover or by transferring approved ASX listed securities and/or managed investments. Your cheque must be made payable to: MIML Pension Manager (full portfolio name) Please use a black pen. Please print in capital letters. When we receive your application (and any other required documentation), we will send you confirmation of your portfolio details. Please note also that we may not be able to process your application until you have completed, and we have received, all relevant application requirements. In some cases, we may require additional information from you or the fund from which the rolled over amount applied to commence your Term Allocated Pension is paid before we can establish your pension. Term Allocated Pension Complete all sections Include a signed rollover authority form, available in Part A of the Super and Pension Manager PDS for each rollover fund from which you are transferring. Please photocopy the rollover authority form as required. Rollover authorities attached to this application will be forwarded to the relevant funds. If you wish to nominate one or more beneficiaries, including your legal personal representative (your estate) to receive your benefit in the event of your death you should complete the non-lapsing death benefit nomination form available in Part A of the the Super and Pension Manager PDS. If you are signing under power of attorney, please supply a certified copy of the power of attorney and if not done so already, supply identification of the attorney by either your adviser completing the IFSA/FPA Identification Form for Individuals & Sole Traders and verifying the identification documents specified there or the attorney completing Individual Identity Verification Form, available at (and supply the appropriate documentation as indicated on that form). Include a completed Tax file number declaration form (only required if you are under 60). Send your completed forms to: Macquarie Wrap PO Box N498 Grosvenor Place NSW 1220 Important numbers Macquarie Superannuation Plan ABN Macquarie Investment Management Limited RSEL L Macquarie Superannuation Plan RSE R Term Allocated Pension SPIN MAQ0355AU 4

5 Do not use this form unless it is attached to the Supplementary PDS dated 15 December Term Allocated Pension Application form Macquarie Investment Management Limited ABN AFSL RSEL L Do not use this form unless it is attached to the PDS dated 15 December Please use black ink and print in capital letters. Mark boxes with an (X) where applicable. 1. Existing account details Did you hold an existing Macquarie Wrap or Macquarie Cash Management Trust account on 12 December 2007 which is still open? n Yes. Continue to section 2. n No. You are required, under the AML/CTF Act 2006, to supply identification by either: n having your adviser complete the IFSA/FPA Identification Form for Individuals & Sole Traders (on page 11) and verify the identification documents specified there or n sending us a completed Individual Identity Verification Form, available at forms, and either n presenting supporting identification documentation as outlined on the form to an Australia Post office or Macquarie office, where the form can be completed and supporting identification documentation verified; or n including certified copies (Authorised certifiers are outlined on the relevant form) of the supporting identification documentation to us. n then continue to section 2. Accounts being established for a minor require the parent or guardian, rather than the child, to supply identification where required. 2. Personal details Title Gender Mr Mrs Miss Ms Other Male Female Given name(s)* Surname* Any other names known by (if applicable)* Occupation* Date of birth* / / * Required under the AML/CTF Act Address and contact details RESIDENTIAL ADDRESS (Required under the AML/CTF Act 2006). Failure to provide may delay account opening (cannot be a PO Box or care of a third party). Street number and name Suburb State Postcode country (if not Australia) POSTAL ADDRESS (if different from your residential address) Street number and name or PO Box Suburb State Postcode country (if not Australia) 5

6 3. Address and contact details (continued) CONTACT DETAILS Work phone number Home phone number Fax number Mobile phone number address 4. Tax file number if you do not provide your TFN, we are unable to accept contributions made by you or someone on your behalf (other than your employer). For superannuation accounts being established for a minor, the minor s TFN must be quoted in order for us to accept contributions for them. Tax file number (TFN) or TFN exemption reason (not sufficient, in place of a TFN, for us to accept member contributions) 5. Online access Do you want online access to view your account via ClientView? Yes, my Macquarie Access Code is Yes, please provide me with an access code (we will provide you with one if you do not make an election). No, I do not want access to ClientView. 6. Annual report Your annual report will be available at If you also require a paper copy of the annual report to be posted to you, please cross this box 7. Broker election To enable your adviser to buy and sell ASX listed securities via the Macquarie Wrap website, you will automatically receive Macquarie Equities Limited as an authorised broker. I do not wish for my adviser to be able to trade ASX listed securities via the Macquarie Wrap website. You may also nominate additional authorised brokers below for your account. Please refer to the Authorised brokers list, available from your adviser, for the broker code(s). Broker name Broker code 8. What type of pension are you applying for? Your application cannot be processed if this section has not been completed. 6 A transition to retirement pension. I have reached my preservation age (of 55 years or older) but have not permanently retired from the workforce.* I wish to open a standard term allocated pension. I declare that I am rolling over an unrestricted non-preserved amount.* * For more information, refer to the How do I withdraw? section of Part B of the PDS, available at (password: super) 9. Rollover details You may commence a term allocated pension by rolling over amounts that arise from the commutation of another term allocated pension or certain other existing types of pension and annuities. We will need to confirm with the provider from which your rollover has originated that the rollover conditions have been met. Note: Favourable assets test treatment for Social Security age pensions and certain other Veterans Affairs entitlements will only apply in very limited circumstances. Please ensure that you also complete a rollover authority form for each rollover. This must be from an existing TAP or similar type of pension or annuity. Name of institution account number rollover value (exact or estimate)* $,, $,, $,, * if the exact value of the rollover is not known, you need to provide an estimate of the dollar amount. Please note that it is important the amount is rolled over as soon as possible because we will be including the rollover as capital supporting your pension. Please ensure: n cheques are payable to: MIML Pension Manager (full account name) n a Rollover authority form is sent to the paying institution (if applicable), and supply us with a copy indicating rollover documentation has been sent to the paying institution n you indicate a rollover value n rollovers are accompanied by a Rollover Benefit Statement, provided by the other fund.

7 10. Bank account details Please note: All amendments to this section must be signed in full by the applicant Term Allocated Pension Manager makes pension payments on or around the 15th day of the month. Your pension payments will be credited to your Australian financial institution account. Australian financial institution name Branch address BSB account number Account name 11. Pension payment details Where the term you have selected falls within both the range based on your age and life expectancy and the range based on your reversionary pension beneficiary s age and life expectancy we will assume you have selected the term based on your age and life expectancy, unless otherwise agreed. If you do not complete any pension details we will assume that you wish to receive the standard pension paid monthly beginning the first available month over the longest available term. If you nominate a specific amount that falls outside the minimum to maximum range the minimum or maximum, whichever is closest will apply. Please nominate the term of your pension in whole years Please nominate your annual pension amount 1 Years Standard Minimum (90% of standard) Maximum (110% of standard) Or a specific amount of $,. Payment frequency Monthly Quarterly Half-yearly Yearly First payment month 1 This amount may need to be varied during the term of your term allocated pension to meet the prescribed minimum amount for standard account based pensions. 12. Beneficiary nomination If you wish to make a nomination that is not catered for on this form, please speak to your adviser. You should update your nomination when commencing a pension. PLEASE COMPLETE EITHER (A) OR (B) BUT NOT BOTH. (A) REVERSIONARY PENSION OPTION Title Gender Mr Mrs Miss Ms Other Male Female Given name(s) Surname Date of birth / / Street number and name or PO Box Suburb State Postcode country (if not Australia) 7

8 12. Beneficiary nomination (continued) (A) REVERSIONARY PENSION OPTION (continued) Relationship to you: Spouse; or Qualifying child* Interdependent person (who is not a child) OR Financially dependent person (who is not a child). * A qualifying child is a child who (at the time of the member s death) is: n less than age 18; or n aged 18 to 24 inclusive and is financially dependent on the member; or n aged 18 or more and has a qualifying disability (broadly, this is a disability that is permanent or likely to be permanent and results in the need for ongoing support and a substantially reduced capacity for communication, learning or mobility). (B) NON-LAPSING DEATH BENEFIT NOMINATION Have you included a non-lapsing death benefit nomination with your application? Yes. Continue to next question. No. If you have an existing valid Non-Lapsing Nomination on another Macquarie Superannuation account which you wish to apply to this new account, please supply the existing account number: 13. Adviser fee details Please note: Macquarie will add 2.5% net GST to the base fee rate set by your adviser. Establishment fee (specific dollar amount only) (ex-gst) $, Service fee (choose either (a), (b) or (c)) (a) Tiered fee (percentage) From $ 0.00 To Either on all investments (ex-gst) Or on managed investments (ex-gst) and ASX listed securities (ex-gst) $,,. % p.a.. % p.a.. % p.a. $,, $,,. % p.a.. % p.a.. % p.a. $,, $,,. % p.a.. % p.a.. % p.a. $,, $,,. % p.a.. % p.a.. % p.a. $,, $,,. % p.a.. % p.a.. % p.a. (b) Flat fee (percentage) (ex-gst). % p.a.. % p.a.. % p.a. (c) Flat fee (specific dollar amount) (ex-gst) $, p.a. Transaction fee Online switches into managed investments and the purchase of ASX listed securities (ex-gst). % per transaction OR $ per transaction Automated transactions: dollar cost averaging and automatic rebalancing (ex-gst). % per transaction Any amendments to this section must be signed in full by the applicant. 8

9 14. Declaration and signature Please ensure you make cheques payable to: MIML Pension Manager (full portfolio name) Cheques will only be accepted if made out in the full name of the portfolio. Before you sign this application the trustee, or your adviser, is obliged to give you a Product Disclosure Statement as amended, including any supplementaries (PDS) which is a summary of important information relating to Super and Pension Manager. The PDS will help you to understand the product and decide if it is appropriate for your needs. This application form must not be used unless attached to the PDS 15 December Please note the trustee has complete discretion whether or not to accept your application. I have received, read and understood the PDS dated 15 December I acknowledge and declare that: n I agree to be bound by the trust deed and rules of the Macquarie Superannuation Plan; n I agree to be bound by the terms and conditions disclosed in the Super and Pension Manager PDS and the Supplementary PDS; n I consent to Macquarie supplying information about my portfolio to the adviser named in this application; n I consent to the telephone recording policy; n I am eligible to be a member of Super and Pension Manager based on the eligibility criteria outlined in the PDS and the Supplementary PDS, or advice received from my adviser; n if submitting contributions I am eligible to contribute based on the eligibility criteria outlined in the Understanding superannuation section in Part B of the PDS (available at (password: super)), or advice received from my adviser; n if I am claiming a tax deduction for personal contributions I understand the restrictions on varying my deduction notice as outlined in the Adding to your account section in Part B of the PDS; n if I have selected an illiquid investment or where I have selected an investment which has now become illiquid, I understand that the nature of such an investment may mean that should I, at a future time, request that the illiquid part or all of my portfolio be rolled over or transferred, my request may not be able to be processed within the standard 30 day period. I also understand that any illiquid part of my requested rollover/transfer amount will generally not take longer than 12 months to process; n I authorise the trustee to follow up any outstanding issues with my rollover institutions; n in making this or additional applications in respect of underlying investments, I may not have the most up to date disclosure relating to those investments and I may not be aware of all material changes in relation to those investments; n if I do not provide the trustee with information as requested, or there is a delay in providing the trustee with this information, I understand that the trustee may not be able to open my account. I understand the trustee is not liable for any loss incurred by me as a result of any action of the trustee which either delays the account being opened or results in this application being declined, when these actions are necessary for the trustee to process my application; n for anything which requires something to be done by me (e.g. arranging for rollover amounts to be paid to the trustee), I will do that thing or those things as soon as possible or as otherwise agreed with the trustee; and n all information on this application is true and correct and I understand that the trustee is relying on the information in connection with carrying out its various duties and functions. For investors signing under power of attorney: I have no notice of the revocation of the power of attorney. For investors accessing the PDS or the Supplementary PDS online: I have received personally the electronic PDS and the Supplementary PDS or a paper printout of the electronic PDS and the Supplementary PDS accompanied by or attached to this application form at the same time as I received this application form. I acknowledge that investments in Super and Pension Manager are not deposits with or other liabilities of Macquarie Bank Limited ABN or of any Macquarie Bank Group company, and are subject to investment risk, including possible delays in repayment and loss of income or principal invested. I further acknowledge that neither Macquarie Bank Limited, Macquarie Investment Management Limited, Macquarie Life Limited, nor any other member company of the Macquarie Bank Group, guarantees the performance of Super and Pension Manager or the repayment of capital from Super and Pension Manager. Signature (in black ink) Name Date Title / / Mr Mrs Miss Ms Other 9

10 Adviser use only By completing this application, you confirm that you hold a current Australian Financial Services Licence (AFSL) or are an authorised representative of an AFSL holder, and are authorised to deal in and/or advise on this product. Please note: this application cannot be accepted if the dealer code and adviser code are incomplete. Adviser name adviser code Dealer name Dealer code Application checklist Please note: All sections are mandatory, unless specifically stated. If you do not complete one or more sections, your application cannot be processed. Amendments to your application must be signed in full. To ensure that your application is processed correctly, have you: Completed all of your personal details, including your address and tax file number? Signed the application? Asked your adviser to complete their dealer code and adviser code details? Where required, please ensure that you have also included your: Rollover authority Non-lapsing death benefit nomination (located in Part A of the Super and Pension Manager PDS) Tax file number declaration (available from our website) Supporting identification documentation Send your completed forms to: Macquarie Wrap PO Box N498 Grosvenor Place NSW 1220 Please ensure you make cheques payable to: MIML Pension Manager (full portfolio name) Cheques will only be accepted if made out in the full name of the portfolio. 10

11 IDENTIFICATION FORM INDIVIDUALS & SOLE TRADERS GUIDE TO COMPLETING THIS FORM o o Complete one form for each individual. Complete all applicable sections of this form in BLOCK LETTERS. Contact your licensee if you have any queries. SECTION 1A: PERSONAL DETAILS Surname Date of Birth dd/mm/yyyy Full Given Name(s) Residential Address (PO Box is NOT acceptable) Street Suburb State Postcode Country COMPLETE THIS PART IF INDIVIDUAL IS A SOLE TRADER Full Business Name (if any) ABN (if any) Principal Place of Business (if any) (PO Box is NOT acceptable) Street Suburb State Postcode Country 1/2 V

12 IDENTIFICATION FORM INDIVIDUALS & SOLE TRADERS SECTION 1B: VERIFICATION PROCEDURE Verify the individual s full name; and EITHER their date of birth or residential address. o Complete Part I (or if the individual does not own a document from Part I, then complete either Part II or III.) o Contact your licensee if the individual is unable to provide the required documents. PART I ACCEPTABLE PRIMARY ID DOCUMENTS Tick Select ONE valid option from this section only Australian State / Territory driver s licence containing a photograph of the person Australian passport (a passport that has expired within the preceding 2 years is acceptable) Card issued under a State or Territory for the purpose of proving a person s age containing a photograph of the person Foreign passport or similar travel document containing a photograph and the signature of the person* PART II ACCEPTABLE SECONDARY ID DOCUMENTS should only be completed if the individual does not own a document from Part I Tick Select ONE valid option from this section Australian birth certificate Australian citizenship certificate Pension card issued by Centrelink Tick Health card issued by Centrelink AND ONE valid option from this section A document issued by the Commonwealth or a State or Territory within the preceding 12 months that records the provision of financial benefits to the individual and which contains the individual s name and residential address A document issued by the Australian Taxation Office within the preceding 12 months that records a debt payable by the individual to the Commonwealth (or by the Commonwealth to the individual), which contains the individual s name and residential address. Block out the TFN before scanning, copying or storing this document. A document issued by a local government body or utilities provider within the preceding 3 months which records the provision of services to that address or to that person (the document must contain the individual s name and residential address) If under the age of 18, a notice that: was issued to the individual by a school principal within the preceding 3 months; and contains the name and residential address; and records the period of time that the individual attended that school PART III ACCEPTABLE FOREIGN ID DOCUMENTS should only be completed if the individual does not own a document from Part I Tick BOTH documents from this section must be presented Foreign driver's licence that contains a photograph of the person in whose name it issued and the individual s date of birth* National ID card issued by a foreign government containing a photograph and a signature of the person in whose name the card was issued* *Documents that are written in a language that is not English must be accompanied by an English translation prepared by an accredited translator. SECTION 1C: RECORD OF VERIFICATION PROCEDURE IMPORTANT: Attach a legible copy of the ID documentation used to verify the individual (and any required translation). Alternatively, if agreed between your licensee and the product issuer, complete the ID Document Details below, and DO NOT attach copies of the ID Documents. ID DOCUMENT DETAILS Document 1 Document 2 Verified From Original Certified Copy Original Certified Copy Document Issuer Issue Date Expiry Date Document Number Accredited English Translation N/A Sighted N/A Sighted SECTION 1D: FINANCIAL PLANNER DETAILS identification and verification conducted by: Date Verified (dd/mm/yyyy) Financial Planner s Name Phone No. AFS Licensee Name AFSL No. 2/2 12

13 Section A: To be completed by the PAYEE 1 What is your tax file number (TFN)? See Privacy of information on page 5 of the Instructions. OR I have made a separate application/enquiry to the Tax Office for a new or existing TFN. OR I am claiming an exemption because I am under 18 years of age and do not earn enough to pay tax. Tax file number declaration This declaration is NOT an application for a tax file number. Use a black or blue pen and print clearly in BLOCK LETTERS. Print X in the appropriate boxes. Read all the Instructions before you complete this declaration. OR I am claiming an exemption because I am in receipt of a pension, benefit or allowance. 2 What is your name? Title: Mr Mrs Miss Ms Surname or family name 6 On what basis are you paid? (Select only one.) Full-time employment Part-time employment Labour hire Superannuation income stream 7 Are you an Australian resident for tax purposes? Yes ORIGINAL Tax Office copy 8 Do you want to claim the tax-free threshold from this payer? Only claim the tax-free threshold from one payer. No Casual employment You must answer No at question 8. If you have more than one source of income and currently claim the tax-free threshold from another payer, do not claim it now. Answer No at questions 9 and 10 unless you are a non-resident Yes No claiming a senior Australians, zone or overseas forces tax offset. X First given name Other given names 3 If you have changed your name since you last dealt with the Tax Office, show your previous family name 9 Do you want to claim the senior Australians tax offset by reducing the amount withheld from payments made to you? Yes Complete a Withholding declaration (NAT 3093), but only if you are claiming the tax-free threshold from this payer. If you have more than one payer, see page 3 of the Instructions. No 10 Do you want to claim a zone, overseas forces, dependent spouse or special tax offset by reducing the amount withheld from payments made to you? Yes Complete a Withholding declaration (NAT 3093). No 4 What is your date of birth? 5 What is your home address in Australia? Day Month Year 11 (a) Do you have an accumulated Higher Education Loan Programme (HELP) debt? Your payer will withhold additional amounts Yes to cover any compulsory repayments. (b) Do you have an accumulated Financial Supplement debt? Your payer will withhold additional amounts Yes to cover any compulsory repayments. No No Suburb or town DECLARATION by payee: I declare that the information I have given is true and correct. Signature Date Day Month Year State Postcode There are penalties for deliberately making a false or misleading statement. Once Section A is completed and signed, give it to your payer. Section B: To be completed by the PAYER (if you are not lodging via electronic media) 1 What is your Australian business number (ABN) or your withholding payer number? Branch number (if applicable) What is your business address? P O B O X N If you don t have an ABN or withholding payer number, have you applied for one? See More information on page 6 Yes No of the Instructions. 3 What is your registered business name or trading name (or your individual name if not in business)? M A T DECLARATION by payer: I declare that the information I have given is true and correct. Signature of payer Date Day There are penalties for deliberately making a false or misleading statement. NAT A C Q U A R I E S U P E R A N N U I O N Month Year Suburb or town G R O S V E N O R State 5 Who is your contact person? C L I E N T Business phone number Postcode N S W If you no longer make payments to this payee, print X in this box Return the completed original Tax Office copy to: For WA, SA, NT, VI C or TAS For NSW, QLD or ACT Australian Taxation Office Australian Taxation Office PO Box 795 PO Box 9004 ALBURY NSW 2640 PENRITH NSW 2740 S P L A C E E R V I C E S TAXPAY ER-IN-CONFIDENCE (when completed) Payers can lodge this information to us electronically or by paper within 14 days of receipt. Ensure you keep a copy in a secure place.

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16 Financial advisers Existing investors Your adviser is your main point of contact for your portfolio, so if you have any queries about your Macquarie Super and Pension Manager account, please talk to your financial adviser 12/08 Macquarie Wrap PO Box N498 Grosvenor Place NSW 1220