Investment Updates
*** IMPORTANT ***
Freeze placed on investments in the Challenger Howard Wholesale Mortgage Trust
Your super fund needs your Tax File Number!
Want to know more about the new Simple Super?
Lost track of your old accounts?
From 1 July 2007, if a superannuation fund does not hold a member’s Tax File Number (‘TFN’) higher tax may apply to the member’s concessional contributions and the fund cannot accept non-concessional contributions in respect of the member.
This higher tax will not apply to existing members as at 30 June 2007 whose concessional contributions in a year do not exceed $1,000.
Any additional tax you pay due to your fund not being advised of your TFN can (but is not required to) be claimed back by the fund if the TFN is quoted in the subsequent 3 year period for the benefit of the relevant member.
Non-concessional contributions must be returned to the remitter if no TFN is held at the time the contribution is made (after making allowable adjustments).
So, if you have not provided your TFN to us (or you are not sure whether we hold it), you can:
Reply Paid 3528
PO Box 3528
Tingalpa DC Qld 4173 (no postage stamp required)
Important Information
You or your employer may already have provided your Tax File Number (TFN) to your Fund. If not, we are required to tell you the following details before you provide your TFN. Your TFN is confidential, and you should know the following before you decide to provide it to us:
Otherwise your TFN will be treated as confidential. You are not required to provide your TFN. Declining to quote your TFN is not an offence. However, if you do not give us your TFN, either now or later:
The purposes for which we can use your TFN and the consequences of not providing it to us may change in the future as a result of changes to the law.
Your Privacy
The information you provide in this form is collected by and held for the Millennium Master Trust by the Fund Administrator in accordance with the Privacy and Personal Information Protection Act 1998, under which you have rights of access and correction. Information you provide may be disclosed to lawfully authorised government agencies. For further information about Privacy, please contact the Fund Administrator.
IMPORTANT NOTE:
The information provided should not form the sole basis for any action that you take. It is important to first discuss your specific circumstances with your financial Adviser.
Challenger Investments, the Responsible Entity for the Howard Wholesale Mortgage Trust, have announced an amendment to the rules on withdrawals from the Trust. The effect of these rules is that members are temporarily unable to switch out of, or redeem units held in, the Howard Wholesale Mortgage Fund
Investment Market volatility is still a factor in investment returns and is having an impact on portfolio performance. Learn more
We have added an FAQ page to assist with any questions about your Annual Statements. A copy of the Annual Report can also be downloaded from your Forms pag
The ATO has released the numbers for the 2007/08 financial year
We now offer a facility for you to update your investment profile and options online
This is a federal government initiative to help low income earners build a bigger retirement nest egg
Many working Australians now have a say in where their employers contribute to
The Australian Taxation Office has made available a search facility to help members find lost accounts.
Learn more