How to read your annual statement Account number Superannuation product identification number Email Tax File Number Date of birth Date account opened PRIVATE AND CONFIDENTIAL States your account details, the type of account you hold, account number, email, Tax File Number (TFN), date of birth and the date you opened your account. Call us on 1300 653 553 if we don’t have your TFN and you can provide it over the phone. 134134134 BTA0287AU States your current name and address (if your contact details change, simply log on to internet banking and update your details). [email protected] Advised 25 October 1985 06 June 2008 Provides our contact details to let you know where you can access more information if needed. 123234009000005/020 This is your account summary. It shows the closing balance of your previous statement total, what money has been added to and/or deducted from your account, and what the current total value of your investment is, so you can see at a glance exactly how your investment has performed. To understand the types of contributions added to your account (such as member voluntary and employer additional), visit http://www.bt.com.au/super/learn/the-basics.asp. Mr SAMPLE SAM SMITH 14 SAMPLE ST MILLTHORPE NSW 2798 Are your details correct? Log on to internet banking to update your personal details. BT Customer Relations 1300 653 553 Email: [email protected] BT Super for Life - Savings account Annual statement Issue date 29 July 2014 At a glance Your investments as at 30 June 2014 Your account summary 1 July 2013 to 30 June 2014 Account balance at 1 July 2013 $22,319.78 PLUS Superannuation Guarantee contribution Employer additional contribution Government co-contribution Salary sacrifice contribution Member voluntary contribution Rollover Spouse contribution Credit card points super contribution Subtotal $6,233.80 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Growth Moderate Conservative Cash No of units Unit price Total 2,720.56 9,813.50 12,064.39 1,939.60 1.0449 1.0863 1.2183 1.0000 $2,842.71 $10,660.41 $14,698.05 $1,939.60 Asset allocation: 26.75% 15.29% 2.80% 33.16% 22.00% Australian shares International shares Property Fixed interest Cash A summary of your account balance for the last three years (where relevant). $6,285.21 Your personalised rate of return for 1 July 2013 to 30 June 2014 LESS 1 Withdrawals Advice fee Administration fee Insurance fee Net contributions tax paid 2 Subtotal $0.00 $0.00 Net earnings4 Account balance at 30 June 2014 10.12% Your 3 year super balance history $60.00 $0.00 $22,319.78 $926.07 $19,532.14 $986.07 PLUS Subtotal $2,521.85 $ $2,521.85 $30,140.77 $11,744.95 2012 2013 2014 Year Ending 30 June If these amounts are in brackets it is a credit and the amount has been added to your account balance. Tax deductions are claimable by BT Super for Life on deductible expenses on your account. 'Net contributions tax' paid represents contributions tax payable from your account reduced by these tax deductions. If Net contributions tax paid is in brackets, the tax deductions are greater than contributions tax payable from your account. 'Net earnings' takes into account the fees within the ‘Total fees paid by you’ section. BT Funds Management Limited, ABN 63002916458, AFSL 233724, RSE L0001090 is the trustee of BT Super for Life which is a part of Retirement Wrap, ABN 39 827 542 991, RSE R1001327. 2 4 123234-009-000005 1 C134134134 / M00005 / S00020 /00020 This is a summary of your investments as at 30 June 2014. It shows you a snapshot of your investment options, asset allocation and personalised rate of return. For more information about your investment options and asset allocation, visit http://www.bt.com.au/super/learn/the-basics.asp. Page 1 of 4 Important: This is a sample of an annual statement. Please note that your own statement content may vary slightly from this sample depending on your investment options and other added benefits. Page 1 of 4 How to read your annual statement (continued) Some, or all, of your super benefit may be ‘preserved’ and cannot be accessed straight away. To understand when you can access your super, visit http://www.bt.com.au/super/learn/ the-basics.asp. Transactions 1 July 2013 to 30 June 2014 Preserved benefits: Generally only available when you retire on or after reaching preservation age. $30,140.77 This is an overview of your investment strategy for future investments at the time of printing. All future contributions and rollovers will be allocated to these investment options. Sum Insured + Account Balance = Total Benefit Long term returns Total and Permanent Disablement Benefit Sum Insured $0.00 Account Balance $30,140.77 Total Benefit $30,140.77 Growth Moderate Conservative Cash The premium you pay for your cover is $0.00 per month. Salary Continuance Insurance (SCI) Benefit M You do not have Salary Continuance Insurance (SCI). Your right to receive benefits under the insurance policy is dependent upon you meeting the conditions of the policy and the insurer paying the benefits. SA As your circumstances change you may need to review your insurance. To review your insurance, log in to your BT Super for Life account on internet banking. Your beneficiaries You haven't nominated a beneficiary. Are your nominations up to date? If you wish to add, change or revoke a nomination you can update your BT Super for Life beneficiary details online at any time through your internet banking. Returns % p.a. as at 30 June 2014 1 Year 3 Year -2.01 0.30 4.72 3.61 5.18 5.28 5.66 3.41 5 Since Start Year Start Date Date N/A N/A N/A N/A 4.65 01 Mar 2014 -5.00 01 Mar 2014 314.00 28 Mar 2014 28 Sep 2013 01 Oct 2013 02 Oct 2013 -3.85 -1.30 2.90 3.86 Oct 2007 Oct 2007 Oct 2007 Oct 2007 01 Nov 2013 Interest Paid 01 Nov 2013 19 Nov 2013 -5.00 01 May 2014 623.07 01 May 2014 01 Dec 2013 Administration Fee Superannuation Guarantee Contribution from Cheque Deposit Interest Paid Returns shown are for the fund(s) you were invested in at the end of the reporting period. These may differ from the actual returns you have experienced in the fund(s). The reason why the returns shown may be different from your actual returns could be due to the timing of your initial investment and other transactions in and out of the fund(s). 03 Dec 2013 31 Dec 2013 01 Jan 2014 Administration Fee Contributions Tax Interest Paid -5.00 01 Jun 2014 -91.21 03 Jun 2014 1.12 28 Jun 2014 Returns 'since start date' are calculated from the date the fund received its initial investment, which may differ to the date the fund was first available to customers. 4.72 01 Feb 2014 -5.00 01 Feb 2014 -166.36 01 Apr 2014 4.50 02 Apr 2014 -5.00 17 Apr 2014 4.37 29 Apr 2014 4.20 16 May 2014 Description Interest Paid Administration Fee Interest Paid Amount $ 3.22 -5.00 4.31 Administration Fee Superannuation Guarantee Contribution from Cheque Deposit Interest Paid Administration Fee Contributions Tax -5.00 2,803.86 Interest Paid Administration Fee Superannuation Guarantee Contribution from Direct Deposit Superannuation Guarantee Contribution from Cheque Deposit Interest Paid Administration Fee 4.03 -5.00 155.70 Superannuation Guarantee Contribution from Direct Deposit Interest Paid Administration Fee Contributions Tax 787.18 A breakdown of your insurance details and the amount in each benefit as at 1 July 2014. 3.69 -5.00 -418.33 Details of the beneficiary/person you have nominated to receive your pension (if applicable) in the event of your death. You can add, change or revoke a nomination online through your internet banking. 739.91 3.90 -5.00 Details of your future investment strategy and its history of returns. 3.84 -5.00 -250.17 Lists all the transactions from your account during the statement period. Transaction details include the date of transaction, a brief description and the dollar amount. Total fees paid by you Indirect costs of your investment The value of your investments can go up and down. Past performance is not necessarily indicative of future performance. A super fund’s investment performance typically varies over time. Because super is a long-term investment, 5-year performance figures smooth out short-term results. This approximate amount has been deducted from your investment and includes amounts that have reduced the return on your investment but are not charged directly to you as a fee. SA $0.00 $30,140.77 $30,140.77 PL Death Benefit Sum Insured Account Balance Total Benefit Interest Paid Administration Fee Superannuation Guarantee Contribution from Cheque Deposit Contributions Tax Interest Paid Administration Fee 01 Sep 2013 03 Sep 2013 18 Sep 2013 E Insurance details as at 1 July 2014 4.86 01 Jan 2014 -5.00 02 Jan 2014 810.08 01 Feb 2014 01 Aug 2013 01 Aug 2013 Future investment strategy: 10.00% Growth 40.00% Moderate 50.00% Conservative Amount $ Date E $30,140.77 Interest Paid Administration Fee Superannuation Guarantee Contribution from Direct Credit Interest Paid Administration Fee PL Your withdrawal benefit at 30 June 2014: This includes: Description 01 Jul 2013 02 Jul 2013 09 Jul 2013 M Future investment strategy Accessing your super Date Sum of fees included above (excluding insurance fee) Performance figures are calculated in accordance with APRA reporting standards. Total returns are calculated using withdrawal prices appropriate for the month end and take into account indirect costs, the $5 per month administration fee and earnings tax up to a maximum of 15%. The amount of fees and costs paid directly from your account Insurance premiums paid by you The amount of insurance premium deducted from your account Total fees paid by you This approximate amount includes all the fees and costs which affected your investment during the period $240.44 $60.00 $0.00 Shows the total fees that you paid for the period of this statement. $300.44 Complaints: If you have a complaint about your BT Super for Life account you can write to the Complaints Officer at [email protected] or call BT to register your complaint. If you're not happy with our resolution, you can call the Superannuation Complaints Tribunal on 1300 884 114. We are obliged to supply any information that you may reasonably require in order to understand your benefits and BT Super for Life. We believe this statement is both thorough and clear, however, if you'd like further clarification of this statement, other investment strategies available, contribution levels, insurance coverage or anything else that would help you have a better understanding of your super, please call 1300 653 553. 123234-009-000005 123234-009-000005 C134134134 / M00005 / S00021 / I00021 Page 2 of 4 C134134134 / M00005 / S00022 / I00022 Page 3 of 4 Important: This is a sample of an annual statement. Please note that your own statement content may vary slightly from this sample depending on your investment options and other added benefits. Page 2 of 4 How to read your annual statement (continued) Definitions Beneficiary Non-lapsing beneficiary nomination: E Withdrawal benefit The amount you would have received from your account if you ceased to be an account holder. This withdrawal amount may change in value from time to time, so before making any withdrawals you should check your account balance on internet banking. Personalised rate of return Contributions tax PL This is your rate of return earned on your investments over the reporting period, that takes into account the performance of your investment options, your transaction history, fees and earnings tax. The following contributions are generally subject to taxation at a rate of 15% within BT Super for Life: employer contributions including superannuation guarantee, personal after tax contributions for which you claim a personal tax deduction and Member protection rebate Cash payment: M From 1 July 2013, super funds are no longer required to protect member balances under $1,000. As such, member protection This payment may include a withdrawal made in accordance with a release authority provided by you or the ATO. A release authority generally allows an amount to be released from your super account for the purposes of paying a tax liability in relation to concessional contributions or excess contributions. Expense recovery SA We're entitled to be reimbursed for expenses incurred in operating the fund generally, where such expenses are properly incurre Expenses may include the payment of statutory charges, licensing fees, registry costs, audit fees, government duties, the cost d. of reports and various other disbursements. The amount charged is the actual amount of the expense incurred. These expenses may be passed on to all members in the Fund in accordance with superannuation law. Regulatory Change Expense Recovery BT (along with other superannuation providers) is being charged a levy to help fund government costs for supervising the the levies, the Fund’s Indirect Cost Ratio may increase by up to 0.10%. This increase will commence from 1 July 2014* for cost recoveries only and are expected to apply until reform implementation is completed in 2017. The amount charged will be reduced *The Regulatory Change Expense Recovery was not charged or included in this statement, as this statement is for the 12 month period up to and including 30 June 2014 123234-009-000005 C134134134 / M00005 / S00023 / I00023 Page 4 of 4 Important: This is a sample of an annual statement. Please note that your own statement content may vary slightly from this sample depending on your investment options and other added benefits. Page 3 of 4 BT Funds Management Limited ABN 63 002 916 458, AFSL 233724, RSE L0001090 (BTFM) is the trustee of, and the issuer of interests in, BT Super for Life which forms part of Retirement Wrap ABN 39 827 542 991, RSE R1001327. For more information 1300 653 553 bt.com.au The information in this publication does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. The information in this sample statement is factual only. It does not constitute financial product advice. You should always check to see what fees will be charged, what will happen to your insurance cover and if there are any possible losses in benefits when you leave a super fund. A Product Disclosure Statement (PDS) is available for BT Super for Life and can be obtained by calling 1300 653 553, or visiting bt.com.au. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in BT Super for Life. We’re required or authorised to collect personal information from you by certain laws. Details of these laws are in the BT Privacy Policy. The BT Privacy Policy is available at bt.com.au or by calling 1300 653 553. Superannuation is a long-term investment. Generally, contributions to a superannuation fund are preserved. The government has placed restrictions on when you can access your preserved benefits. In general, benefits will not be able to be paid until a member is age 65, or has permanently retired and is above his/ her preservation age (i.e. 55 years up to 60 years depending on when the member was born). This sample statement is for illustrative purposes only. Information current as at 22 July 2014. © 2014 BT Financial Group Limited ABN 38 087 480 331. BT12582A-0714rk Page 4 of 4