Elphinstone Group Superannuation Fund 19 March 2018 Investment Guide Contents Important information 1 What is Member Investment Choice? 2 About your investment options 5 What to consider when choosing an investment option 6 Investment risks 7 Your investment options 8 Making and changing your choice 13 Keeping track of your superannuation online 14 Issued by Elphinstone Group Superannuation Pty Ltd (ABN 21 065 659 734), as Trustee of the Elphinstone Group Superannuation Fund (ABN 77 408 077 215). MySuper Authorisation number 77408077215271.
Important information The information in this document forms part of the Product Disclosure Statement (PDS) for the Fund s Accumulation section, dated 19 March 2018. This information should be read in conjunction with the other documents that form part of the Product Disclosure Statement. You should consider this information before making a decision about the relevant product. The information provided is general information only and does not take into account your particular objectives, financial circumstances or needs. It is not personal or tax advice. Any examples included are for illustration only and are not intended to be recommendations or preferred courses of action. You should consider obtaining professional advice about your particular circumstances before making any financial or investment decisions based on the information contained in this document. Each investment option is invested in the investment products of various Investment Managers. The Trustee monitors the Managers regularly. The Trustee may change the underlying Managers or products of any of the options at any time without prior notice to, or consent from, members. Neither the Trustee nor Elphinstone Group (Aust) Pty Ltd can provide you with financial advice. The Trustee will only provide factual information. Investment returns can be positive or negative and are not guaranteed by the Trustee or the Company. Information on tax and superannuation legislation is current as at 1 July 2017, unless otherwise noted. The Trustee reserves the right to correct any errors or omissions. Information contained in this document that is not materially adverse is subject to change from time to time and may be updated if it changes. Updated information can be found at https://elphinstonegroupsuperfund.com.au. In addition, we will provide a hardcopy free of charge on request, if you contact the Fund Administrator on 1800 127 953. For further information: P 1800 127 953 9.00am to 5.00pm weekdays (AEST) M The Fund Administrator Elphinstone Group Superannuation Fund PO Box 1442 Parramatta NSW 2124 W https://elphinstonegroupsuperfund.com.au E egsfsuperadmin@linksuper.com 12 https://elphinstonegroupsuperfund.com.au
What is Member Investment Choice? Member Investment Choice is a feature of the Fund that lets you choose how you wish your superannuation to be invested from a range of investment options. You can choose one or a mix of up to four options the Growth, Balanced, Conservative and Cash options. If you don t choose an investment option, your superannuation will be invested in the Balanced option. This is the option for MySuper members. As your needs change, so can your investment choice. For more information on changing your investment option, see page 13. The basics of investing To make the right investment decision for you, it s important that you understand some investment basics. The investment cycle History shows that economies and investment markets typically move in cycles. Some investments or asset classes, such as shares, are more volatile and can change substantially in value within a short period, while others, like bonds, are generally less volatile. The characteristics of these investments or asset classes are explained in more detail below. About asset classes The Fund invests in four main asset classes: cash, fixed interest, property and shares. Each asset class has a different level of risk and return. Generally, as the potential for a higher long-term return increases, the risk of fluctuations in value will also increase. These asset types can be grouped into two categories: Income assets Earnings from income assets come primarily from interest payments on assets such as cash and fixed interest. Income assets generally provide a lower return than growth assets over the long term. They are also less likely to fluctuate in the short term. Growth assets Earnings from growth assets (e.g. shares and property) come from the dividend income received from the investment and capital growth. Growth assets usually provide a higher return than income assets over the long term. They are also more likely to fluctuate in value over any one year, so they may not always be suitable for a short-term investment. Each of the Fund s investment options invests in a different mix of growth and income assets. This influences the level of expected risk and return for each option. More information about the main asset classes is shown in the table on the next page. The relationship between risk and return Risk is the potential for your savings to go up and down in value. Return is the amount of money earned by your investment. When you re investing, risk and return go hand in hand. The higher the long-term return you re aiming for, the greater the risk of your money going up and down in value in the short term. That s because, in order to get a higher long-term return, you generally have to invest a greater proportion of your savings in growth assets, and returns from growth assets can be volatile. Returns from growth assets vary a lot more than returns from investments in income assets. So there s much greater risk that growth investments will have a negative return in any one year. Risk can also mean: Not having enough money to live on in retirement. Choosing an investment option with a lower investment risk may mean that you earn a lower return on your savings. Over a long period, even a small difference in your investment returns can make a big difference to your final benefit. This is mainly due to the principle of compounded returns. See page 4 for more information. Your savings not keeping up with inflation. If you choose an option that has less potential for growth, the value of your investment may not increase very much before you retire. Over time, prices for goods and services usually go up. If your retirement is some way off, your money won t buy as much by the time you retire as it does today. Talking investments Short term one to three years. Medium term three to seven years. Long term seven years or more. Volatility the ups and downs, or fluctuations, of investment returns. 1800 127 953 32
Asset class About this asset class growth assets income assets HIGH Shares Property LEVEL OF RISK & EXPECTED LONG-TERM RETURN Fixed interest Cash LOW When you buy shares, you re buying a share in a company. This means that the value of your investment changes when the company pays dividends, or when the company s share price increases or decreases on the stock market. Of all the asset types, shares are generally expected to earn the highest return in the long term. On the downside, the value of shares will fluctuate more than any other main asset type, and they have the highest probability of negative returns in the short term. Property investments include commercial, industrial and residential real estate. They provide income through rent payments and also have a potential for capital gains. Property is considered a moderate to higher risk investment, and property values are subject to cyclical changes. Over the long term however, property has tended to provide higher returns than cash or fixed interest investments. When you buy fixed interest investments (i.e. bonds), you re effectively lending money to a corporation or Government body at a set rate. The value of your investment changes when you receive interest and when the value of the bond increases or decreases (with interest rate changes). Over the long term, bonds are expected to provide a higher return than cash. As their value can fluctuate, bonds are more volatile than cash, but generally less volatile than shares. Investing in cash is similar to putting your money into a savings account. You re investing in short-term assets such as bank bills. Interest is paid on the amount you ve invested, and the value of these types of investments does not fluctuate. That s why it s very unlikely that you ll lose money on a cash investment over a short period of time. At the same time, cash investments may not always keep up with inflation. 43 http://mysuper.towerswatson.com/egsf https://elphinstonegroupsuperfund.com.au
Compounding returns When you invest even a small amount of money in cash, shares, or some other type of investment it will usually earn you interest, rent or other income over time. If you immediately reinvest this interest or income rather than spend it, you will effectively be earning interest on your interest. This can mean that your savings grow even faster. This is the principle of compounding. Compounding works in the same way with your retirement savings. Each year, investment returns are applied to your savings when returns are positive, your savings may grow even more over time with the help of compounding, as illustrated in the graph below. Difference due to compounded earnings* VALUE ($) TIME (years) *This graph demonstrates the principle of compounding but is not intended to depict the future value of any particular investment. Talking investments Here are some key terms and their definitions that will help you better understand the investment options set out in the table on pages 9 to 12. Consumer Price Index (CPI) this is an official measure of inflation. Diversification the goal of diversification is to reduce the risk in an investment option by combining a variety of investments (such as shares, property, fixed interest and cash), which are unlikely to go up and down in value at the same time or by the same amount. Diversification reduces both the upside and downside earning potential of an option and allows for more consistent performance under a wide range of economic conditions. Hedging when investments are hedged, their value is protected from the impact of external factors, such as currency fluctuations. For example, when there are changes in foreign exchange rates, the value of the Fund s overseas investments is affected. In particular, when the Australian dollar is strong against foreign currencies, this can have a negative impact on overseas investments. This is because they are worth less when they are converted into Australian dollars. The Fund currently uses currency hedging for the Fund s Growth, Balanced and Conservative investment options for a portion of the investment in international shares. 1800 127 953 54
About your investment options You can choose one or a mix of four different investment options for your superannuation Growth, Balanced, Conservative and Cash. Each investment option has its own investment objectives and strategy. Investment objectives are the goals set by the Trustee of the Fund for managing the Fund s assets. Each option also has a specific investment strategy, which is the plan that the Trustee follows to achieve the investment objectives. If you don t make an investment choice when you join the Fund, your superannuation will be invested in the Fund s Balanced option. This is also the investment option for MySuper members. For the investment objectives and strategy for each option, go to pages 9 to 12. Who manages the Fund s investments? The Fund s assets are invested by professional Investment Managers (appointed by the Trustee) in accordance with strict guidelines. The Trustee does not take into account labour standards or social, ethical or environmental considerations for the purposes of selecting, retaining or realising the Fund s investments or the underlying investments of any of the Fund s investment options. When the Fund s Investment Managers were selected, the Trustee did not consider whether the Managers took these factors into account. The Trustee reviews each Investment Manager s performance on a quarterly basis, and the Fund s investment objectives annually. The Trustee may change the Fund s Investment Managers and their products from time to time without prior notice to, or consent from, members. For further details on the Fund s Investment Managers, see the latest Annual Report. What rate of return do I receive? Your accounts receive the actual investment return for your chosen investment option(s) after allowing for tax, investment fees and any other unallocated administration expenses. The Fund s investment returns may also be reduced for an allowance to maintain the Fund s Operational Risk Financial Requirement reserve if required. Your individual rate of return may vary depending on the timing of your contributions and transactions. Interim rate Investment returns are calculated each month. If your superannuation needs to be paid out before investment earnings have been applied for the month, an interim earning rate will be used. This will cover the period from the end of the previous month until the date your benefit is paid. An interim rate may also be used if you switch investment options. The interim rate is based on the Fund s estimated monthly net investment returns. 5 https://elphinstonegroupsuperfund.com.au
What to consider when choosing an investment option How you feel about risk Some people are prepared to take on more risk than others when it comes to investing their retirement savings. See page 7 for more information about investment risk. When considering your attitude to risk, remember: Risk and return go together Generally, the higher the risk associated with an investment option, the greater its potential for a higher return. The key is achieving a balance that you are comfortable with. The long and short term Generally, the higher the return that is expected from an investment in the longer term, the more likely that its returns will fluctuate that is, go up and down in value in the short term, and vice versa. How long you have to save The length of time you have before you will need to access your retirement savings also known as your investment horizon will also impact your investment decision, as this may determine how much risk you are prepared to take. For people with a long investment horizon, ups and downs in short-term earnings are usually less of a concern than for those who will soon need to access their savings. 1800 127 953 6
Investment risks There are certain investment risks associated with being a member of a superannuation fund, including this Fund. As with all investments, there are risks associated with a decision to invest and also in choosing a particular investment option. Different asset classes perform differently at different times. Since each investment option has a different investment mix, the risks of investing in each option are different. The main investment risks are described below: Inflation risk The rate of inflation may be higher than the rate of return achieved on your investment, which means your investment would not retain its purchasing power. This risk can be considered significant for the Cash option if investing over long periods. Individual investment risk Individual investments can (and do) fall in value. This risk mainly affects investments in shares and property, although it can also affect investments in fixed interest. As a result, there are varying degrees of risk associated with investing in the Growth, Balanced and Conservative options. Market risk Changes in investment markets, resulting from changes in economic, political and legal conditions or market sentiment, can affect the value of your investments. This risk affects investments in shares, property and fixed interest. So, it can be considered a significant risk (to varying degrees) for the Growth, Balanced and Conservative options. Currency risk Some investments are made in other countries. If their currencies change in value relative to the Australian dollar, the value of the investment can change. This risk affects only overseas investments so it can be considered a significant risk for all options, except for the Cash option, as they invest a proportion of their assets overseas. Derivatives risk There are a number of risks associated with investing in derivatives contracts, which include: The value of the derivative failing to move in line with the underlying asset; The risk that the derivative may not readily be converted to cash; The risk that the Fund may not be able to meet payment obligations as they arise; and Counterparty risk, where the other party to the derivative contract cannot meet its obligations under the contract. This risk affects the Growth, Balanced and Conservative options. The Trustee seeks confirmation from its Investment Managers regarding their use of derivatives on an annual basis. Liquidity risk Liquid assets are assets that can be readily converted to cash. Liquidity risk is the risk that some assets may not be able to be converted to cash when needed to pay benefits or process investment switches. This risk may be considered a risk (to varying degrees) for all of the Fund s investment options except for the Cash option. Interest rate risk Changes in interest rates can have a positive or a negative impact directly or indirectly on investment value or returns. This risk affects all investments and can therefore be considered a significant risk for all of the Fund s investment options. 7 https://elphinstonegroupsuperfund.com.au
Your investment options The Fund s investment options all have different investment objectives, volatility and return expectations. The options that are expected to produce higher returns in the long term will generally have increased volatility in the short term. When selecting an investment option, you need to understand the volatility and return characteristics of the investment option and align them with your personal investment objectives. Your own objectives will be formed by considering such questions as: How tolerant are you of investment volatility? What is your time horizon for investing? What would a large negative return do to your retirement plans? If you are close to retirement, will you need to start spending your superannuation straight away? Establishing your own personal investment objectives should make the task of selecting an investment option much easier. You should be aware that small differences in returns can have a major impact on your savings. For example, a 1% improvement to your investment return each year can increase the value of your superannuation by around 25% over a 30-year period. This section provides a significant amount of information to enable you to compare and contrast the Fund s investment options. As always, you are encouraged to get your own independent financial advice when you are making important decisions about your superannuation. Talking investments The Fund s Investment Managers and their products are reviewed regularly by the Trustee and may be changed from time to time without prior consent from members. The Trustee may also alter or close investment options or introduce new options. You will be advised in advance if a significant change to an option is made. 1800 127 953 8
Growth Overview This is an aggressive option which invests solely in Australian and international shares. This option may be suitable for members who expect to invest their superannuation for more than 7 years. Investors in this option may be seeking a diversified exposure to shares and may be comfortable accepting a high level of investment volatility in the short term (including periods of negative returns) in order to achieve better capital growth over the long term. The level of currency hedging on international shares will also influence the returns from this option. This option may also be suitable for investors seeking exposure to Australian and international shares as part of their portfolio. Investment objective To achieve a return (after tax and investment fees) that is at least 3% per year more than movements in the Consumer Price Index (CPI) over moving 5-year periods. Strategy To invest primarily in shares with about 50% in Australian shares and the rest in international shares. Benchmark asset allocation and ranges International shares (unhedged) 25% (21% to 29%) Australian shares 50% (46% to 54%) International shares (hedged) 25% (21% to 29%) Minimum suggested investment period 7 years or more Likelihood of a negative return in any 20-year period* 7 years out of every 20 years Volatility level* Very high Very low Very high Note: the information about the suitability of a particular option is general in nature and is included as required by Law. It is not intended to be a recommendation or statement of opinion in relation to any particular option. Members are encouraged to seek their own advice if they are uncertain as to which option might be most appropriate for them. * The volatility level shown is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20-year period. It is based on the Standard Risk Measure developed by the industry and is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. Members should still ensure they are comfortable with the range of risks and potential losses and gains associated with their chosen investment options. Long-term expected return 8.7% p.a. Likely range of one year returns Likely range of 20 year average returns (p.a.) -20% -10% 0% 10% 20% 30% 40% 50% -20% -10% 0% 10% 20% 30% 40% 50% The investment mix of an option will determine how much its returns vary in the short term (say one year). Over the long term, returns from an option will vary, possibly quite widely. The tables above indicate the likely range of investment returns (expected in 90% of cases) over a one-year period and over a 20-year period and the option s long-term expected average return. These figures are based on best estimate assumptions, are only illustrative, and are not guarantees nor predictions of what will occur. 9 https://elphinstonegroupsuperfund.com.au
Balanced (MySuper option) Overview This is a diversified option which invests across the major asset classes, but with a significant weighting towards growth assets. This option may be suitable for members who expect to invest their superannuation for more than 5 years. Investors in this option may be seeking a diversified portfolio which aims to achieve moderate to high capital growth over the medium to long term with a high level of investment volatility (which may include periods of negative returns). Investment objective To achieve a return (after tax and investment fees) that is at least 2% per year more than movements in the Consumer Price Index (CPI) over moving 5-year periods. Strategy To invest about 70% in growth assets and about 30% in income assets. Benchmark asset allocation and ranges Cash 4.6% (0.6% to 8.6%) Global aggregate bonds (hedged) 19.2% (15.2% to 23.2%) Australian fixed interest 8.2% (4.2% to 12.2%) Emerging market shares (unhedged) 0.9% (0% to 4.9%) Australian shares 34.0% (30.0% to 38.0%) International shares (hedged) 15.4% (11.4% to 19.4%) International shares (unhedged) 17.7% (13.7% to 21.7%) Minimum suggested investment period 5 years or more Likelihood of a negative return in any 20-year period* 6 years out of every 20 years Volatility level* Very high Very low Very high Note: the information about the suitability of a particular option is general in nature and is included as required by Law. It is not intended to be a recommendation or statement of opinion in relation to any particular option. Members are encouraged to seek their own advice if they are uncertain as to which option might be most appropriate for them. * The volatility level shown is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20-year period. It is based on the Standard Risk Measure developed by the industry and is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. Members should still ensure they are comfortable with the range of risks and potential losses and gains associated with their chosen investment options. Long-term expected return 7.4% p.a. Likely range of one year returns Likely range of 20 year average returns (p.a.) -20% -10% 0% 10% 20% 30% 40% 50% -20% -10% 0% 10% 20% 30% 40% 50% The investment mix of an option will determine how much its returns vary in the short term (say one year). Over the long term, returns from an option will vary, possibly quite widely. The tables above indicate the likely range of investment returns (expected in 90% of cases) over a one-year period and over a 20-year period and the option s long-term expected average return. These figures are based on best estimate assumptions, are only illustrative, and are not guarantees nor predictions of what will occur. 1800 127 953 10
Conservative Overview This is a diversified option which invests mainly in defensive assets. This option may be suitable for members who expect to invest their superannuation for more than 3 years. Investors in this option may place a higher priority on reducing investment volatility and may be less concerned about higher levels of growth over the longer term. Although this is a more conservative option, there will be periods of low returns and it is possible that investors in this option may experience negative returns from time to time. Investment objective To achieve a return (after tax and investment fees) that is at least 1% per year more than movements in the Consumer Price Index (CPI) over moving 5-year periods. Strategy To invest about 70% in income assets and about 30% in growth assets. Benchmark asset allocation and ranges Cash 10.0% (6% to 14%) Global aggregate bonds (hedged) 42.0% (38% to 46%) Australian shares 12.0% (8% to 16%) International shares (hedged) 5.5% (1.5% to 9.5%) International shares (unhedged) 10.5% (6.5% to 14.5%) Emerging market shares (unhedged) 2.0% (0% to 6%) Australian fixed interest 18.0% (14% to 22%) Minimum suggested investment period 3 years or more Likelihood of a negative return in any 20-year period* 5 years out of every 20 years Volatility level* High Very low Very high Note: the information about the suitability of a particular option is general in nature and is included as required by Law. It is not intended to be a recommendation or statement of opinion in relation to any particular option. Members are encouraged to seek their own advice if they are uncertain as to which option might be most appropriate for them. * The volatility level shown is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20-year period. It is based on the Standard Risk Measure developed by the industry and is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. Members should still ensure they are comfortable with the range of risks and potential losses and gains associated with their chosen investment options. Long-term expected return 5.8% p.a. Likely range of one year returns Likely range of 20 year average returns (p.a.) -20% -10% 0% 10% 20% 30% 40% 50% -20% -10% 0% 10% 20% 30% 40% 50% The investment mix of an option will determine how much its returns vary in the short term (say one year). Over the long term, returns from an option will vary, possibly quite widely. The tables above indicate the likely range of investment returns (expected in 90% of cases) over a one-year period and over a 20-year period and the option s long-term expected average return. These figures are based on best estimate assumptions, are only illustrative, and are not guarantees nor predictions of what will occur. 11 https://elphinstonegroupsuperfund.com.au
Cash Overview This option invests solely in cash and similar assets. This option may be suitable for members who may be planning to access their superannuation in the short term and whose priority is capital protection. It may also be suitable for investors seeking exposure to cash as part of their portfolio. Investment objective To achieve a return (after tax and investment fees) that exceeds movements in the Consumer Price Index (CPI) over moving 5-year periods. Strategy To invest exclusively in cash. Benchmark asset allocation and ranges Cash 100% Minimum suggested investment period Less than 3 years Likelihood of a negative return in any 20-year period* The option s objective is to avoid negative returns in all circumstances Volatility level* Very low Very low Very high Note: the information about the suitability of a particular option is general in nature and is included as required by Law. It is not intended to be a recommendation or statement of opinion in relation to any particular option. Members are encouraged to seek their own advice if they are uncertain as to which option might be most appropriate for them. * The volatility level shown is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20-year period. It is based on the Standard Risk Measure developed by the industry and is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. Members should still ensure they are comfortable with the range of risks and potential losses and gains associated with their chosen investment options. Long-term expected return 3.8% p.a. Likely range of one year returns Likely range of 20 year average returns (p.a.) -20% -10% 0% 10% 20% 30% 40% 50% -20% -10% 0% 10% 20% 30% 40% 50% The investment mix of an option will determine how much its returns vary in the short term (say one year). Over the long term, returns from an option will vary, possibly quite widely. The tables above indicate the likely range of investment returns (expected in 90% of cases) over a one-year period and over a 20-year period and the option s long-term expected average return. These figures are based on best estimate assumptions, are only illustrative, and are not guarantees nor predictions of what will occur. 1800 127 953 12
Making and changing your choice If you re comfortable with the basics of investing and the investment options that are available to you, you can now proceed to choose the option that you believe best suits your needs. When choosing your option(s), it is important to remember Each option invests a different proportion of its funds in the various asset classes shares, property, fixed interest and cash. Each asset class carries a different level of investment risk and provides potential returns that can vary significantly over both the short and long term. Your objective is to choose the option/s that achieves the balance between risk and return that is most appropriate for you. See page 6 for more information about risk and return. Which options you choose is entirely your decision. The Trustee cannot advise you on what to decide. Please remember that past investment performance is not necessarily a reliable indicator of future performance. If you don t make an investment choice when you join the Fund, your superannuation will be invested in the Fund s Balanced option, which is the option for MySuper members. How to make your decision To make your choice, simply complete the Application & Change form and return it as directed. To help you make your choice, consider seeking advice from a licensed Financial Adviser. Changing your investment choice Of course, over time, your financial needs and goals may change. That s why the Fund allows you to change your investment choice at any time. So, as your needs change, so can your preferred investment strategy. To change your investment choice, you will need to complete an Application & Change form, which is available from the Fund Administrator. You can also make your change via the Fund s website. Your form will be processed on the next business day after it is received by the Fund Administrator. A letter confirming your choice will be sent to you. You will be charged a switching fee for each change you make. A buy-sell spread may also apply. Refer to the guide, Additional information about your superannuation for more information. The guide is available from the website at https:// elphinstonegroupsuperfund.com.au. Talking investments Fluctuation movement in price, value or rate. I need help making my investment choice Sometimes it s difficult to know the right strategy for your situation. So, when you need to make important decisions about your superannuation, speaking to a licensed Financial Adviser can help you determine which superannuation choices are the most appropriate for your personal situation and needs. Your membership of the Fund entitles you to a free initial consultation with a Willis Towers Watson licensed Financial Adviser, located in Melbourne. You can contact Willis Towers Watson on (03) 9655 5222. If you are not located in Melbourne, you can call Willis Towers Watson for your free initial consultation. You can take advantage of this service at any time, including when you leave your current employment. You can find out more about this service by calling the Fund Administrator. Alternatively, you may find it more convenient to speak to a licensed Financial Adviser who is located in your area. To find one, contact the Financial Planning Association of Australia (FPA) on 1300 337 301 or visit their website at www.fpa.com.au. The Australian Securities & Investments Commission (ASIC) has produced a booklet entitled Financial advice and you to help you obtain the financial advice you need. It contains some practical guidelines on how to choose a Financial Adviser and evaluate whether the advice they give you is appropriate for your situation. You can access and download a copy of this booklet by visiting ASIC s website at www.moneysmart.gov.au and clicking on Tools & resources, then Publications, and then the Investing category. 13 https://elphinstonegroupsuperfund.com.au
Keeping track of your superannuation online The Fund s website makes it easy to monitor your superannuation. You can access the website at any time to: Check your latest benefit information and account balances; Find out about your options in the Fund; Download the Fund s publications and forms; Review the Fund s investment options and performance; and Discover how the Fund works, who runs it and learn more about superannuation and investments. Check out the website at https://elphinstonegroupsuperfund.com.au. To register on the site for the first time, you will need to enter your Member Number (which can be obtained from the Fund Administrator), full name, date of birth and postcode. You will then receive a secure PIN to allow you to access your personal information on the site. 1800 127 953 14