What Investment Options are available?
The Fund provides members with a range of 17 investment options. Go to
the Investment Options page for more details.
How do I change my investment options?
You can change your investment options whenever you like. To do so, you
need to complete an Investment
Nomination form and send it to the Fund Administrator.
What if I do not want to pick an investment option?
Members who do not pick an investment option have their money invested
in the Fund's default investment option currently the ING Wholesale Managed
Growth Trust. Members may update or change their options any time.
Can my employer contribute?
Yes
Does the Fund accept Spouse Contributions?
Yes
Does the Fund accept Co-Contributions?
Yes
Does the Fund accept Superannuation Guarantee vouchers?
Yes
Does the Fund accept rollovers?
Yes - and we do not have any transfer-in fees, either.
How do I roll-over my other accounts into this Fund?
You need to identify where your other accounts are held and then complete
a Transfer Authorisation
for each account you want to transfer. If you are not sure where your
other accounts might be, we can do a search of the ATO's Lost Members
Register to see if any of your accounts have been reported as -Lost" (a
Lost account is generally one where the fund does not have a current address
for you). So that we can do the search, you need to complete a request
form.
What happens when I stop working for the employer who contributed
to this Fund?
When we receive notification from either your employer or yourself, we
will send you information about your account balance and your options.
Essentially, you can elect to transfer your account to another fund, or
leave it with us, where it will continue to receive investment income.
In some situations, you may be able to access all or some of your account
as a cash payment - this is generally not the case, but you can contact
us to find out what amount, if any, you can access.
What are the fees and charges?
Fees are charged two different ways - some fees are deducted directly
from your account, while others are deducted from the unit prices and
reflected in the net returns declared by each investment option. The Fees
deducted from your account are:
The Fees deducted from the unit prices are:
When can I access my super?
Due to Preservation laws, most people can not access their superannuation
as cash until they have genuinely retired from the Work Force and have
reached at least age 55 - depending upon when you were born, the age at
which you can take your benefit as cash may be higher. The Government
does allow access to your super savings earlier in special circumstances
- eg Financial Hardship, Compassionate Grounds - contact
our office for more information or read
more about Early Release of Preserved Benefits.
Who is my benefit paid to if I die?
Your death benefit will be paid to your dependants in a manner decided
by the Trustee. You can tell the Trustee who you would prefer the benefit
to go to by completing the Nomination of Dependants section of the Application
For Membership form. You can change your nomination at any time by informing
the Trustee in writing. Please note that your nomination is not binding
on the Trustee - the Trustee must determine how the benefit should be
paid by considering the circumstances of each potential claimant. Nominated
beneficiaries may include eligible dependants or a legal representative.
In all cases, a dependant is usually your spouse or any child, or any
other person who is substantially financially dependent on you at the
time of your death.
How do I update my beneficiaries?
You may revoke or change your nomination at any time by completing a new
Nomination of Beneficiary
form.
The ATO has released the numbers for the 2009/10 financial year
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
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
