1 Product disclosure statement 30 September 2017 Equip MyFuture 01 About Equip 1 02 How super works 1 03 Benefits of investing with Equip 2 04 Risks of super 2 05 How we invest your money 3 06 Fees and costs 4 07 How super is taxed 5 08 Insurance in your super 6 09 How to open an account 8 01 About Equip Equip MyFuture is a product of Equip, open to employees of employers who nominate us as their default fund and/or who agree to participate in it, as well as new individual members. This PDS is about Equip MyFuture and the features and options it offers, which include a default MySuper product, a range of Diversified and Sector Specific investment options to choose from, as well as death and disability insurance. Equip is a profit-for-member superannuation fund with a proud heritage of delivering quality services to its members. We understand that your investment with us reflects the high level of trust you place in our capabilities and reputation. That is why we put member interests first. As a profit-for-member fund, we keep fees and costs as low as possible without compromising quality of performance and service. At 1 July 2017, Equip as a whole had $14 billion of assets invested on behalf of over 75,000 members in Australia. You can stay with Equip throughout your working life and into retirement. We can provide you with help and advice on how you can keep your super working for you at any stage of your life and career. You may find information on the product dashboard for the Equip MySuper investment option at www.equipsuper.com.au/mysuper. Details of trustee and executive remuneration and important documents, including our trust deed and annual reports, are at www.equipsuper.com.au/disclosures. Equipsuper Pty Ltd ABN 64 006 964 049, AFSL 246383 ( Equip ) is the Trustee of the Equipsuper Superannuation Fund ABN 33 813 823 017 ( the Fund ). 02 How super works Superannuation was established by the government to help you save for your retirement. It is, in part, compulsory. Super is set up as a taxefficient, long-term investment, with the goal to grow your savings over time through a combination of regular contributions and investment earnings. Tax savings are provided by the Government. Choosing your fund: Most working people can choose a fund for their compulsory superannuation guarantee (SG) contributions. If you don t make a choice, then your employer will deposit your SG contributions into its default fund. In some instances, you may have no choice due to other employment terms and conditions. Your contributions: Your employer is generally required to pay SG contributions for you. You can make additional pre-tax or salary sacrifice contributions, or you can contribute to your super with after-tax earnings or savings. If you are a low to middle income earner, you may also be eligible for a government co-contribution based on any aftertax contributions you make. There are limits to the amounts you can contribute to your super. Consolidate your super: Once you have set up an account with Equip, you can roll money in from other super accounts you may have. If you are doing this, you must consider any exit fees other funds may charge, and the impact on any insurance cover in those funds. Accessing your super: Generally, you can t withdraw your super until you reach your preservation age, which ranges from 55 to 60, depending on your year of birth. There are some special circumstances under which you can access your super earlier. You should read the important information about how super works before making a decision. Go to www.equipsuper.com. au/pds. The material relating to how super works may change between the time when you read this statement and the day when you acquire the product. This PDS is a summary of significant information and contains a number of references to important information (each which forms part of the PDS). The information provided in this PDS is general information only and does not take into account your personal financial situation or needs. You should consider whether this information is appropriate to your personal circumstances before acting on it and, if necessary, you should also seek professional financial advice tailored to your personal circumstances. Where tax information is included you should consider obtaining personal taxation advice. This PDS was up to date at the time it was prepared. Some information in this PDS is subject to change from time to time. If a change does not adversely affect you, we may update the information by notice on our website, www.equipsuper.com.au, and/or inclusion in the next available edition of our newsletter. You can find updated information by logging into the members area of our website or calling our Helpline 1800 682 626. A paper copy of updated information will be given to you without charge on request.
2 03 Benefits of investing with Equip Equip provides you with a range of benefits and features, including retirement benefits and death and disability insurance cover. While saving for your retirement, Equip gives you a range of investment options. This allows you to choose investments for your savings which are suited to your financial goals and tolerance to risk. As some of your income must be paid into a superannuation account when you start work, you start saving for your retirement early. The longer you have to save, the easier it may be to reach your goals. You can select how you want your money invested from six Diversified and/or six Sector Specific investment options. If you do not nominate any investment options, we will invest your super in the Equip MySuper option (see section 5). Subject to certain conditions and, in some cases, subject to acceptance of your application, Equip also provides automatic death and disability insurance cover when you join the Fund (see section 8). You can apply to change your insurance cover. Requests for increases in cover may be subject to underwriting, including provision of medical information. We keep our fees and costs as low as possible to help maximise your retirement savings, while ensuring we can maintain the appropriate skills and resources to invest your money securely. As an Equip member, you have access to a range of additional benefits from other service providers, including financial advice. You should read the important information about the benefits of investing with Equip before making a decision. Go to www.equipsuper. com.au/pds. The material relating to benefits of investing with Equip may change between the time when you read this statement and the day when you acquire the product. 04 Risks of super All investments carry risk, including the investments you choose as an Equip member. Super funds have different investment strategies and invest in a diverse range of assets, including Australian and overseas equities, property, bonds, infrastructure and cash. Each of these investment strategies presents a different level of risk. Those assets offering the highest long-term returns, such as equities, may also carry the highest level of risk. As an Equip member, the significant risks to your investment will include: risks associated with market failure or crashes; changes to government policy and legislation; increases in the rate of inflation; interest rate risk; the volatility of exchange rates or liquidity; economic instability; natural disasters and force majeure events; custodian failure; counter party risk; failure of international payments systems; and longevity risk. However, investment strategies usually involve balancing the potential returns from chosen investments with the risks associated with them. Diversifying investments is a strategy that allows money to be allocated to a range of assets in order to manage risk, in particular to reduce the volatility (up and down fluctuations) of investments. The appropriate level of risk for you will depend on a variety of factors, including your age, your investment timeframe, whether you have other personal wealth outside of super, and your risk tolerance. Over the time of your investment, the value of your super may go up and down. The investment earnings you received in the past may not be the same as those you experience in the future. Returns are not guaranteed and you may lose some of your money. Superannuation laws may change in the future affecting your financial and retirement planning. You should try to stay informed about changes to superannuation rules and consider how any changes may affect you. Due to investment risks and other factors, your super (including your contributions and returns) may not be sufficient to adequately fund your retirement. It is worth consulting a professional financial adviser to assist in developing an investment and savings strategy that will help you achieve your goals. You should read the important information about the risks of super before making a decision. Go to www.equipsuper.com.au/pds. The material relating to risks of investing in super may change between the time when you read this statement and the day when you acquire the product.
3 05 Equip s range of investment options allows you to choose investments suited to your financial goals and tolerance to risk. Warning: You should consider the likely investment return, risk and your investment timeframe when choosing which option to invest in. Past performance is no indication of future performance. Neither the Trustee, nor any employees or directors of the Trustee, guarantee the repayment of capital or the performance of the Fund or its investment options. You can invest in one or more of the following Equip investment options: Diversified Growth Plus Growth Balanced Growth Equip MySuper the default option Balanced Conservative Sector Specific Overseas Shares Australian Shares Sustainable Responsible Investments (SRI)^ Property Fixed Interest Cash How we invest your money ^Invested almost entirely in Australian shares If you do not nominate any investment options, we will invest your super in the Equip MySuper option. More details on this option are set out on this page. Our Diversified options feature target ranges for allocations to each asset class. The investment allocations may vary within these ranges from time to time as investment markets change. We may also add or remove investment options occasionally. We will advise you in advance if this happens. You can switch between investment options to suit your changing financial goals by logging into the members area of the website www.equipsuper.com.au, or by completing and lodging an Investment choice variation form. Using either method, you can change your investment strategy for your existing account balance, your future contributions or for both. Equip MySuper (the default option) Investment objective Achieve a net return of at least 3% p.a. above inflation (measured by CPI) over a rolling 10 year period. The investment objective is not a forecast or prediction. It simply represents a benchmark against which Equip monitors performance. Strategy Invest mainly in shares and property, which are expected to earn higher returns over the long term. Invest the balance in more stable assets like fixed interest securities. Benchmark allocations Actual asset allocation for each asset class may vary from time to time within the permitted ranges set out in the graph below: Asset class Benchmark allocation Permitted range Growth assets 60% 40-75% Australian shares 22.5% 10-35% Overseas shares 22.5% 5-30% Property 10% 0-20% Infrastructure 3% 0-13% Growth alternatives 2% 0-12% Defensive assets 40% 25-60% Fixed interest 20% 5-35% Defensive alternatives 15% 0-30% Cash 5% 0-30% Minimum investment timeframe The minimum suggested timeframe to invest in this product is long term (5 to 10 years). Members should hold the investment for a minimum of 5 years. Who should invest in this option? This option is designed for members who want a balance between risk and return but who are prepared to accept a more aggressive asset allocation than Equip s more defensive Diversified options. Standard Risk Measure 22+22+11+3+2+G 20+15+5+G 60% 40% The risk level of this option is medium, with a likelihood of negative returns occurring 2.3 years in a 20 year period. The risk of negative returns is based on a Standard Risk Measure (SRM) that allows members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period. You should ensure that you are comfortable with the risks and potential losses associated with your chosen investment options and, if necessary, you should seek professional financial advice. You should read the important information about how we invest your money before making a decision. Go to www.equipsuper.com.au/pds. The material relating to how super works may change between the time when you read this statement and the day when you acquire the product.
06 Fees and costs CONSUMER ADVISORY WARNING DID YOU KNOW? Small differences in both investment performance and fees and costs can have a substantial impact on your long term returns. For example, total annual fees and costs of 2% of your account balance rather than 1% could reduce your final return by up to 20% over a 30 year period (for example reduce it from $100,000 to $80,000). You should consider whether features such as superior investment performance or the provision of better member services justify higher fees and costs. You or your employer, as applicable, may be able to negotiate to pay lower fees. 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.moneysmart.gov.au) has a superannuation fee calculator to help you check out different fee options. 4 Main fees and costs for the Equip MySuper investment option This section provides summary information about the main fees and costs for the Equip MySuper investment option. Similar information is included in PDSs for other funds, so you can compare Equip s fees and costs with those of other funds. Fees and costs are paid directly from your account or deducted from the underlying asset value in accordance with the table below. Please note that you cannot negotiate fees and costs with Equip. Type of fee Amount How and when paid Investment fee 1 Administration fee 0.36% (estimate consisting of investment fee of 0.33% p.a. plus performance fee of 0.03% p.a.) $1.25 per week plus 0.15% per annum (up to a maximum of $750) Buy-sell spread fee Nil N/A Switching fee Nil N/A Investment and performance fees are deducted from the underlying asset value and reflected in the daily unit prices applied to your account. The fee depends on the investment option you choose. The $1.25 and the 0.15% per annum are deducted from your account effective on the last day of every month. Exit fee $120 Deducted from your account when partial or full withdrawals are made (including portability requests, payments to the ATO for previous excess tax, and cash withdrawals of unrestricted non-preserved amounts). The fee does not apply if you transfer to Equip Account Based Pension. Advice fees Relating to all members investing in a particular MySuper product or investment option Other fees and costs 2 - - Indirect cost ratio 3 Nil Investment related costs of 0.28% p.a. (estimated) of the MySuper option N/A The investment related costs are not deducted from your account; rather, they reduce the value of the assets of each investment option before the daily unit price is determined. 1 The investment fee is an estimate only and may vary from the actual fee charged because of changes in the payment of fees (including performance fees) payable to external fund managers. Refer to the additional explanation of fees and costs in Guide 6 for more information on investment and performance fees. 2 For other fees and costs, refer to the additional explanation of fees and costs in Guide 6 and www.equipsuper.com.au/mysuper for information on fees that may be charged in relation to a MySuper product. 3 The indirect cost ratio for the MySuper option is an estimate only for the financial year ending 30 June 2017. The amount disclosed may vary from the actual amount of indirect costs for various reasons, such as changes in tactical asset allocations. The indirect cost ratio includes explicit indirect costs such as stamp duty, brokerage and clearing costs as well as performance related fees. Implicit costs which are not readily ascertainable and therefore require estimation, such as market impact costs, are not included in the indirect cost ratio, but are shown in the additional explanation of fees and costs in Guide 6. Example of annual fees and costs for the Equip MySuper investment option This table gives an example of how the fees and costs in the Equip MySuper investment option can affect your superannuation investment over a one year period. You should use this table to compare this product with other superannuation products. Example Equip MySuper product BALANCE OF $50,000 Investment fees 0.36% For every $50,000 you have in the MySuper product you will be charged $180 each year PLUS Administration fees PLUS Indirect costs for the MySuper product EQUALS cost of product $65 ($1.25 per week), plus a 0.15% asset fee on your account balance p.a. And, you will be charged $65 in administration fees regardless of your balance, plus $75 0.28% p.a. And, indirect costs of $140 each year will be deducted from your investment If your balance was $50,000, then for that year you will be charged fees of $460 for the MySuper product. Additional fees may apply. And, if you leave the superannuation entity, you may be charged an exit fee of $120 and a buy/sell spread which also applies whenever you make a contribution, exit, rollover or investment switch. The buy/sell spread for exiting is 0% (this will equal to $0 for every $50,000 you withdraw). If you make a partial withdrawal, you will be charged $120.
5 Other fees and costs The fees and costs associated with the other Diversified and Sector Specific investment options, as well as Equip s other fees and costs (such as adviser service fees, costs associated with switching investment options and special request fees), are detailed in our additional guide, 6. Fees and costs (see the reference at the bottom of this page). Fees and costs depend on a number of variable factors and will vary from year to year. Warning: Keep in mind that the Trustee can change the level of fees and costs that apply, but we must give you 30 days notice before increasing any fees or charges. Fees paid to a financial adviser Equip does not pay commissions to any financial planner for advice provided to members. Equipsuper Financial Planning Pty Ltd (ABN 84 124 491 078, AFSL 455010) is licensed to provide financial planning services to retail and wholesale clients. Equipsuper Financial Planning Pty Ltd is owned by Equipsuper Financial Holdings Pty Ltd (ABN 11 604 515 791). You can obtain personal financial advice from an Equip financial planner. Warning: If you choose to obtain advice from Equip Financial Planning, you will be charged a fee on a user pays basis. You should refer to the Statement of Advice (SOA) provided by your financial planner for details on these fees and charges. The Trustee pays an annual fee to Equip Financial Planning for the provision of member education and financial advice services to members and other services to the fund. This fee is paid out of the administration fee (referred to in the table on the previous page), and is not an additional cost to members. If you are not already an Equip Financial Planning client, contact the Helpline. The Helpline service is free and the member service representative will help you decide if you need advice from a professional financial planner. Finally, you may be able to pay fees from your super account for financial advice relating to your superannuation. You should read the important information about fees and costs before making a decision. Go to www.equipsuper.com.au/pds. The material relating to fees and costs may change between the time when you read this statement and the day when you acquire the product. 07 How super is taxed For many, super is a tax-effective way of saving for retirement due to the tax concessions provided by the government. There are various taxes payable in relation to super, including taxes on contributions, on investment earnings and on certain withdrawals. Tax file numbers Warning: One of the most important things to do when you open your superannuation account is provide us with your Tax File Number (TFN). If you do not provide us with your TFN, you may pay extra tax on your contributions or when you access your benefit later. In some circumstances, you may not be able to make contributions if we don t have your TFN. Without your TFN, it may also be more difficult to trace different super accounts in your name so that you receive all your super benefits when you retire. You may contact us if you are unsure whether Equip has your TFN. Super taxes: contributions, withdrawals, investment earnings Contributions into your super such as SG contributions or out of your pretax pay are generally taxed at 15%. Equip will pay the tax applying to your account directly to the ATO and deduct this amount from your account, where applicable. A rebate may apply to low income earners with a taxable income of less than $37,000. In addition, for individuals earning an income greater than $250,000 (including concessional contributions), 30% tax applies to those contributions over the $250,000 threshold. Any contributions you make from your after-tax earnings or savings are not taxed in the Fund. However, there are government-imposed limits on contributions that can be made to super. Warning: You should be aware that if you exceed contribution limits, additional tax will be payable on your extra contributions. In some cases, you can pay any additional tax you incur by deduction from your account. But, in other cases, you will have to pay the extra tax liability out of your own pocket. Taxation of withdrawals Less than preservation age Taxable component Taxed at 20% (plus Medicare levy) Preservation age to age 59 Taxable component The first $200,000 (2017/18)* is tax-free. You pay tax at 15% on the balance (plus Medicare levy) Age 60 and over Taxable component Tax-free Tax-free component (eg after tax contributions) Tax-free Tax-free component Tax-free Tax-free component Tax-free Investment earnings in the fund are generally taxed at a maximum rate of 15%. You should read the important information about how super is taxed before making a decision. Go to www.equipsuper.com.au/pds. The material relating to how super is taxed may change between the time when you read this statement and the day when you acquire the product.
6 08 Insurance in your super Total and permanent disability (TPD) cover provides you with a lump sum should you become totally and permanently disabled. Death cover provides your dependants with a lump sum benefit should you die. If you suffer from a terminal illness, you may be eligible for an advance payment of your insured death benefit as well as your account balance. Salary continuance (SC) cover provides you with monthly payments for up to two years if you suffer a temporary illness or disability. Information about eligibility, cancellation, conditions, exclusions, the level, type and costs of cover that apply to the insurance offering is contained in the additional insurance guide. This information may affect your entitlement to cover, and should be read before deciding whether the cover is appropriate. Unless you opt out or cancel your automatic death and TPD cover, all costs will be deducted from your account. The cost of SC cover will only be deducted if your application for SC cover has been accepted. Overview of cover Below is an overview of what cover you will receive when you first join Equip. My employer has a tailored (default) arrangement with Equip My employer is a member of Traffic Management Association of Australia (TMAA) My employer does not have a tailored arrangement or I do not have an employer What cover do I get automatically upon joining? Death and TPD cover equal to 4 times your salary for permanent employees. If your employer does not provide salary data or you are not a permanent employee, 4 units of death and TPD cover. Total cover cannot exceed $1.2 million. Cover gradually reduces from age 61. 4 units of limited* death and TPD cover 1 unit of limited* death and TPD cover What additional cover can I apply for within 120 days of starting with my employer? What cover can I apply for at any time? You can increase death and TPD cover up to 6 times salary or 6 units, or apply for SC cover, by completing the simple health statement in your membership form. You can increase death and TPD cover up to 6 units, or apply for SC cover, by completing the simple health statement in your membership form Increase death, TPD or SC cover up to the maximum cover limits by completing the Personal Statement that can be found on our website. Increase death, TPD or SC cover up to the maximum cover limits by completing the Personal Statement that can be found on our website. *Limited cover means you are covered for any illness or injury that was diagnosed after your cover started. This limitation applies for the first 24 months of your cover and is removed when you are at work performing all the duties of your usual job for 30 consecutive days. The 30 consecutive days starts on the anniversary date 24 months after the date your cover started. Salary continuance cover You may apply for SC cover either with the membership form or the Change your insurance cover form and submit evidence of health. Eligibility to apply Benefit amount Waiting period Maximum benefit Maximum benefit period Age 64 or less, working 15 hours or more a week in a non-hazardous job Up to 75% of monthly salary or up to 85% where 10% is paid directly to your super account 30, 60 or 90 days $30,000 per month 2 years Changing or cancelling your cover You can ask to change or cancel your cover at any time by submitting a Change your insurance cover form available from our website or the Helpline 1800 682 626. You should read the important information about insurance in your super before making a decision. Go to www.equipsuper.com.au/pds. The material relating to insurance in your super may change between the time when you read this statement and the day when you acquire the product.
7 Cost of death and TPD cover There are annual costs associated with insurance cover. The actual cost of your cover depends on the type and level of cover you have and your age. Premiums are deducted as a pro-rata amount each month from your account. Cost per $1,000 of cover Age next birthday Death only Death & TPD 16 to 36 $0.19 $0.43 37 $0.20 $0.47 38 $0.23 $0.51 39 $0.24 $0.57 40 $0.27 $0.63 41 $0.30 $0.69 42 $0.34 $0.78 43 $0.39 $0.90 44 $0.47 $1.08 45 $0.53 $1.23 46 $0.60 $1.38 47 $0.68 $1.57 48 $0.76 $1.76 49 $0.87 $2.01 50 $0.96 $2.22 51 $1.09 $2.52 52 $1.21 $2.82 53 $1.38 $3.18 54 $1.58 $3.67 55 $1.78 $4.12 56 $2.03 $4.68 57 $2.28 $5.27 58 $2.61 $6.02 59 $3.04 $7.03 60 $3.65 $8.44 61 $4.17 $9.65 62 $4.87 $11.25 63 $5.61 $12.98 64 $6.08 $14.07 65 $6.69 $15.47 66 $7.35 67 $8.09 68 $8.89 69 $9.79 70 $10.76 Units of insurance cover amount and cost per unit Age next birthday Death only cover per unit Death only cost Death & TPD cover per unit Death & TPD cost 16 to 36 $50,000 $9.50 $50,000 $21.50 37 $50,000 $10.00 $50,000 $23.50 38 $50,000 $11.50 $50,000 $25.50 39 $50,000 $12.00 $50,000 $28.50 40 $50,000 $13.50 $50,000 $31.50 41 $50,000 $15.00 $50,000 $34.50 42 $50,000 $17.00 $50,000 $39.00 43 $50,000 $19.50 $50,000 $45.00 44 $50,000 $23.50 $50,000 $54.00 45 $45,000 $23.85 $45,000 $55.35 46 $40,000 $24.00 $40,000 $55.20 47 $35,000 $23.80 $35,000 $54.95 48 $30,000 $22.80 $30,000 $52.80 49 $25,000 $21.75 $25,000 $50.25 50 $22,500 $21.60 $22,500 $49.95 51 $20,000 $21.80 $20,000 $50.40 52 $17,500 $21.18 $17,500 $49.35 53 $16,250 $22.43 $16,250 $51.68 54 $15,000 $23.70 $15,000 $55.05 55 $13,750 $24.48 $13,750 $56.65 56 $12,500 $25.38 $12,500 $58.50 57 $11,250 $25.65 $11,250 $59.29 58 $10,000 $26.10 $10,000 $60.20 59 $8,750 $26.60 $8,750 $61.51 60 $7,500 $27.38 $7,500 $63.30 61 $6,250 $26.06 $6,250 $60.31 62 $5,000 $24.35 $5,000 $56.25 63 $3,750 $21.04 $3,750 $48.68 64 $2,500 $15.20 $2,500 $35.18 65 $2,500 $16.73 $1,250 $27.71 66 $2,500 $18.38 67 $2,500 $20.23 68 $2,500 $22.23 69 $1,875 $18.36 70 $1,875 $20.18 Note: Premiums for Goodyear and TMAA members are 200% the amount in the tables above; for PSGA members, they are 250%. Example: A 35-year old member who is eligible for death and TPD cover of 4 times salary, with an income of $60,000, would receive total death and TPD cover of $240,000, and pay annual premiums of $103.20 (240 x $0.43). Example: A 40-year old member eligible for 4 units of cover would initially receive total cover of $200,000, and pay annual premiums of $138 (200 x $0.69).
8 09 How to open an account I am joining via an employer with a tailored arrangement or a TMAA employer To join Equip, you should complete the membership form that is included with this PDS. The form allows you to instruct us on how to invest your super and advise us of any changes you want to make to your insurance cover. Note that your employer may automatically provide your details to the Fund. If you are lodging the membership form, Equip may have to receive the fully completed and signed form from you within 120 days of your employment start day to meet some of the terms and conditions of your insurance cover. My employer does not have a tailored arrangement or I do not have an employer You can join Equip via our website, equipsuper.com.au/join Cooling off period If you join Equip as an individual member, not as an employer sponsored member, you have a 14-day cooling off period to decide whether this is the right choice for you. This period commences from the earlier of: a) the date we send confirmation to you that your application has been processed; or b) the end of the 5th day after the day we issue an interest in the Fund to you. During the cooling off period you can cancel your membership by contacting us. We will return any contributions we have received from you and/or to the super fund/s from which you rolled money in, adjusted for any investment earnings or losses incurred during the period and any reasonable transaction costs incurred. Information If you would like a copy of the full Product Disclosure Statement, or a copy of any matter in writing that is applied, adopted or incorporated in the PDS, please call our Helpline 1800 682 626. Complaints If you wish to make an inquiry please contact our Helpline 1800 682 626 or email www.equipsuper.com.au/contact. Most queries and issues can be effectively resolved quickly through this channel. However, if we have not resolved an issue satisfactorily, you can make a complaint via our Helpline, by email or in writing to The Complaints Officer, Equipsuper Pty Ltd, GPO Box 4303, Melbourne VIC 3001. You can find a full description of our complaints procedure on our website www.equipsuper.com.au. You should read the important information about how we deal with complaints before making a decision. Go to www.equipsuper.com. au/pds for more information. The material relating to how we deal with complaints may change between the time when you read this statement and the day when you acquire the product. For help and advice, contact: Helpline: 1800 682 626 8am to 8pm Mon-Fri, not including public holidays Email: www.equipsuper.com.au/contact Website: www.equipsuper.com.au I am transferring from Equip Corporate If you have ceased employment after 1 July 2016 and were transferred from Equip Corporate to Equip MyFuture, please note the following: Insurance: Any death, TPD and SC insurance cover you held in Equip Corporate automatically transfers to your Equip MyFuture account as fixed cover equal to the amount of cover that you had at the date you ceased employment. Investments: Money held in accumulation investment options will generally remain in the same options in Equip MyFuture, with the exception of balances held entirely either in Balanced Growth or Conservative. For those members, account balances and future contributions will go into the Equip MySuper option. If you had a defined benefit membership, your defined benefit will be transferred to the Cash investment option. SuperRatings (www.superratings.com.au), an independent super research company, awarded a 10 Year Platinum rating to Equip, recognising ten consecutive years of Platinum performance in corporate superannuation. The Platinum SuperRating is the top rating given to Australia s best superannuation products by SuperRatings. The rating symbols and statement have been reproduced with the consent of SuperRatings. You may call our Helpline 1800 682 626 to obtain a copy of this product disclosure statement and a copy, in writing, of any material that is applied, adopted or incorporated by this product disclosure statement. Equipsuper Superannuation Fund ABN 33 813 823 017 USI 33 813 823 017 000 SPIN EPL0100AU MySuper authorisation: 33813823017672 Equipsuper Pty Ltd ABN 64 006 964 049 AFSL 246383 Head office Level 12, 330 Collins Street Melbourne VIC 3000 Mail Equipsuper Pty Ltd GPO Box 4303, Melbourne VIC 3001 Member Services Representatives Helpline: 1800 682 626 Fax: (03) 9245 5827 Email: www.equipsuper.com.au/contact www.equipsuper.com.au Publication No: ESP_Myf_PDS_0917