Post on 25-Jul-2020
YOUR 2015 SUPER STATEMENT MERCER SUPER TRUST Mercer SmartSuper Plan
From 1 July 2014 to 30 June 2015
Mr A Sample 100 Collins Street MELBOURNE VIC 3001
Hi Andrew, would you like to
have more money saved for
your retirement? Let’s start
by looking at what you have.
Your super account balance at
30 June 2015
$65,767.11 Your account overview
Opening balance $57,754.94
Earnings $5,453.88
Contributions, transfers or
rollovers
$3,785.90
Withdrawals $0.00
Total fees, taxes & premiums -$1,227.61
Closing balance $65,767.11
Your asset mix
Growth
Defensive
Your super account balance for each year at 30 June
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
30 Jun 201530 Jun 2014
$65,767.11
HERE’S A MORE DETAILED VIEW From 1 July 2014 to 30 June 2015
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT HERE’S A MORE DETAILED VIEW 2
Want to top up your super with BPAY®?
You can choose to make an after-tax
contribution to your super using
BPAY®. It’s always a good idea to
speak to a financial adviser about
your plans first. Call us on the
Helpline on 1800 682 525.
Biller Code: 505966
Your Reference no: 103000000945127423
Contact your bank or financial institution to make this
payment from your cheque, savings, debit or
transaction account. More info at www.bpay.com.au.
® Registered to BPAY Pty Ltd (ABN 69 079 137 518)
WHAT YOUR SUPER’S WORTH
Your super account balance on 30 June 2015 $65,767.11
For comparison, your super account balance at 1 July 2014 $57,754.94
Preserved $65,767.11
Restricted non-preserved $0.00
Unrestricted non-preserved $0.00
If you leave the Plan for any reason other than Death or Total and
Permanent Disablement, you’re entitled to the amount shown
above (subject to preservation, see page 11 for further details).
Below is your account balance and summary. Find out
how salary sacrifice could help you boost your super at
mercersuper.com/salarysacrifice.
Your super account balance
$65,767.11
Earnings for the year
$5,453.88
YOUR SUPER ACCOUNT SUMMARY
for the period 1 July 2014 to 30 June 2015
Opening balance $57,754.94
Employer contributions $3,785.90
Contributions tax -$451.47
Dollar based administration fee -$78.90
Insurance premiums -$697.24
Earnings $5,453.88
Closing balance $65,767.11
Contributions Tax
Contributions tax shown (if any) will take into
account any fee rebates you may have received
(which are taxable) as well as any insurance
premiums or member fees (which are tax
deductible to the Plan). A tax adjustment may
apply. For more information see page 13.
Exit Fee An exit fee is payable for each super payout made
from the Mercer SmartSuper Plan (including any
partial payouts and your final payout) whether the
payment is made in cash or rolled over.
As at 30 June 2015
Exit fee $130.63
Talk to our advisers about your investment strategy today. Call 1800 682 525
MAKE YOUR INVESTMENTS WORK FOR YOU
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT MAKE YOUR INVESTMENTS WORK FOR YOU3
Change your investment options online at any time. You
can take control or let us do it for you. It’s up to you.
Log in to get started.
YOUR INVESTMENT SUMMARY AT 30 JUNE 2015
OPTIONS STRATEGY UNITS UNIT PRICE VALUE
Mercer Growth 100.00% 18791.13920 3.49990 $65,767.11
Total Investments
The strategy shown above relates to your future contributions or transfers and was current at the time of producing this statement.
There may be a slight variance in the above calculation due to rounding.
$65,767.11
YOUR ASSET MIX AT 30 JUNE 2015
This chart shows your exposure to growth and defensive assets
based on your investment holdings.
Growth assets (such as shares and property) have the potential to
grow in value over the long term but can also experience volatility
(risk of market ups and downs) in the short term.
Defensive assets (such as fixed interest and cash) generally
produce lower returns than growth assets over the long term but
can offer investors less volatility in the shorter term.
Growth 73.00%
Defensive 27.00%
Talk to our advisers about your investment strategy today. Call 1800 682 525
YOUR INVESTMENT RETURNS Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT YOUR INVESTMENT RETURNS 4
If you want to leave your investments to us, Mercer
SmartPath® is a great option. Investments change
automatically to suit your stage in life. It aims to provide
growth when you’re young and reduce volatility as you
near retirement.
INVESTMENT RETURNS AT 30 JUNE 2015 (p.a.%)
INVESTMENT OPTION 1 YEAR 5 YEAR 10 YEAR COMMENCED
Mercer Growth 9.23% 8.95% 5.98% 20/12/1995
1 YEAR INVESTMENT RETURNS
The 1 year investment returns shown above are determined by
dividing the 30 June 2015 unit price of each investment option by
the unit price of the same investment option as at the later of 1 July
2014 or the date the investment option commenced. Unit prices
are calculated net of the investment fees or administration fees.
5 AND 10 YEAR INVESTMENT RETURNS
When we show the Plan’s returns over a 5 and 10 year period
we’re referring to the average return for that specific period of time.
This is called the ‘compound average effective rate of net
earnings’.
These are not the actual returns you’ve received on your individual
super investment. The returns applied to your balance depend on
the time contributions were made, any other transactions (such as
super you’ve consolidated from another account or payment of a
fee) and the unit price that was applied at the time those
transactions happened.
The investment performance shown is after tax and the Mercer
Super Trust standard rate of investment management fees, but
does not include the effects of other fees you may be charged or
any discounts which may apply to investment management fees in
some plans.
You should know
* Where the investment option has been in
operation for less than 5 years, this column
shows the investment return (p.a.%) for the
period from the investment option's
commencement date.
** Where the investment option has been in
operation for less than 10 years this column
shows the investment return (p.a.%) for the
period from the investment option's
commencement date.
*** Where the investment option has been in
operation for less than 1 year this column
shows “n/a” as no 5 or 10 year investment
returns have been included.
Past performance is not a reliable
indicator of future performance.
PROTECT THOSE WHO MATTER MOST
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT PROTECT THOSE WHO MATTER MOST 5
Here’s a snapshot of any insurance cover and
beneficiary nominations you have made. Are you and
your family covered if something was to happen to
you? Make sure you’ve got the right plans in place.
Talk to us if you need some advice.
YOUR BENEFICIARIES
This is the person or people who may get a payout if you pass away.
Beneficiary name Relationship Percentage %
D Sample Wife 70.00%
S Sample Daughter 10.00%
T Sample Daughter 10.00%
R Sample Son 10.00%
Your beneficiaries
If you want to make sure your super goes to the people you care about, you
need to let us know who they are. We call this 'nominating your beneficiaries'
and it's a really important part of your super.
Preferred beneficiaries
Our records indicate that you have made the above preferred beneficiary
nomination(s) – which is great. This provides us with a guide on who you want
to receive your benefit, but it’s not legally binding on us. If you want to ensure
the right people get your super, consider completing a binding beneficiary form
available online or by calling us on the Helpline.
Our records show that you haven’t made a binding beneficiary nomination.
Nominating binding beneficiaries is a really important part of the super process.
It tells us who should receive your benefit if you were to pass away provided
they are your dependants or your legal personal representative. You can make
changes to your nomination at any time by completing a form available on our
website or by calling us the Helpline.
Update your nominations at any
time
If your personal circumstances have changed,
you can update, confirm, amend or revoke your
nomination at any time by completing a ‘Making
a binding death benefit nomination in the Mercer
SmartSuper Plan’ form, available from the
website or by calling the Helpline. Make sure you
keep your binding nomination up to date.
Death benefit $171,109.71
Total and Permanent Disablement (TPD)
benefit $171,109.71
Your super balance Death Cover
$65,767.11 + $105,342.60
Your super balance TPD Cover
$65,767.11 + $105,342.60
An exit fee of $130.63 is payable for any death or TPD*
benefit payout.
See page 12 for more information about these different
types of cover.
SO WHAT DOES THIS COVER MEAN?
$0$20,000$40,000$60,000$80,000
$100,000$120,000$140,000$160,000$180,000
Death Benefit$171,109.71
TPD Benefit$171,109.71
YOUR ACCOUNT TRANSACTIONS From 1 July 2014 to 30 June 2015
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT YOUR ACCOUNT TRANSACTIONS 6
CONTRIBUTIONS
Date Source Employer Tax ($) Net ($)
09-07-2014 Z_001933 365.43 -54.81 310.62
11-08-2014 Z_001933 483.77 -72.57 411.20
09-09-2014 Z_001933 381.72 -57.26 324.46
09-10-2014 Z_001933 382.82 -57.42 325.40
10-11-2014 Z_001933 477.99 -71.70 406.29
09-12-2014 S501_001 380.11 -57.02 323.09
09-01-2015 Z_001933 238.54 -35.78 202.76
09-02-2015 Z_001933 200.92 -30.14 170.78
10-03-2015 Z_001933 224.14 -33.62 190.52
13-04-2015 Z_001933 650.46 -97.57 552.89
Total $3,785.90 -$567.89 $3,218.01
Please refer to the below table for descriptions of the source of your contributions
Source Code Source Description
S501_001 RI MANAGEMENT PTY LTD
Z_001933 RI MANAGEMENT PTY LTD
FEES, PREMIUMS AND REBATES
Date Contribution
tax adjustment
Dollar based
administratio
n fee
Insurance
premiums
Tax ($) Net ($)
31-07-2014 -6.53 6.50 37.03 -5.56 31.44
31-08-2014 -6.53 6.50 37.02 -5.56 31.43
30-09-2014 -7.61 6.50 44.26 -6.48 36.67
31-10-2014 -25.25 6.50 161.83 -21.46 121.62
30-11-2014 -10.87 6.50 65.97 -9.25 52.35
31-12-2014 -11.21 6.50 68.22 -9.53 53.98
31-01-2015 -11.23 6.65 68.22 -9.55 54.09
28-02-2015 -10.25 6.65 61.69 -8.72 49.37
31-03-2015 -11.23 6.65 68.22 -9.55 54.09
30-04-2015 -10.89 6.65 65.97 -9.27 52.46
31-05-2015 -11.23 6.65 68.22 -9.55 54.09
30-06-2015 6.41 6.65 -49.41 5.45 -30.90
Total -$116.42 $78.90 $697.24 -$99.03 $560.69
Net contributions
$3,218.01
Net fees, premiums & rebates
$560.69
There are many ways to boost your super, including
personal contributions. Learn more at
mercersuper.com. As you can see, every little bit
counts.
YOUR ACCOUNT TRANSACTIONS From 1 July 2014 to 30 June 2015
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT YOUR ACCOUNT TRANSACTIONS 7
Make sure you don’t exceed the
caps
An annual cap applies to the amount of
concessional contributions made to
superannuation that are taxed at
concessional rates. Caps also apply to the
amount of non-concessional contributions.
For more information about the caps, the
contributions that count towards the caps and
what it means if your contributions exceed
the caps, visit the Mercer SmartSuper Plan
website at mercersuper.com, sign-in and
take the ‘Contributions’ link or call the
Helpline.
CONCESSIONAL & NON-CONCESSIONAL
CONTRIBUTIONS
The total concessional contributions* received in respect of you for
the year ended 30 June 2015 were $3,785.90. (This amount
includes any insurance premiums or other fees and expenses paid
by your employer, if applicable, on your behalf.)
The total non-concessional contributions* received in respect of
you for the year ended 30 June 2015 were $0.00.
* The amounts above are based on the information the Mercer SmartSuper Plan
holds on your record as at 30 June 2015, and may differ from the figures to be
reported to the Australian Taxation Office if updated information is subsequently
received by the Plan.
DIVISION 293 TAX
Division 293 tax is an additional tax on contributions for high
income earners. It will be charged at 15% on some or all of an
individual’s concessional contributions for individuals on incomes
(as defined for this purpose) of $300,000 or more. The Division 293
contributions reported for you for the year ended 30 June 2015 are
the contributions shown above. For further information on Division
293 tax and who it affects, please refer to the ATO website at
www.ato.gov.au.
INDIRECT COSTS AND TOTAL FEES PAID BY YOU From 1 July 2014 to 30 June 2015
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT INDIRECT COSTS AND TOTAL FEES PAID BY
YOU 8
We are legally required to provide you with information
about fees and costs as they’re outlined below. If you
have any questions about it, call us and we’d be happy
to talk you through it.
ADDITIONAL EXPLANATION OF FEES AND
COSTS
The Trustee is required to provide you with information about fees
and costs in the manner as shown above. If you have any queries
about the information shown please contact the Helpline.
Indirect costs represent the costs of running the Plan over and
above any fees deducted directly from your account.
Indirect costs are paid out of the assets of the Plan. This is
generally done by adjusting the unit price and/or the declared
earning rate. The amount shown is an approximate amount
allocated to you.
Total fees you paid are the total of any fees and costs deducted
directly from your account as well as the “Indirect costs” shown
above. This amount includes insurance premiums (if any) that have
been deducted directly from your account. For more information,
refer to “Fees, Premiums and Rebates”.
Income tax and its effect on fees: Tax is payable on investment
earnings of the Plan at a maximum rate of 15%. However, as the
Plan is allowed a tax deduction in respect of certain fees and costs
the rate of tax actually payable by the Plan may be less than 15%.
The benefit of any income tax deductions is passed on to members
either directly or indirectly when the Trustee determines earnings
or by meeting other costs incurred by the Plan.
INDIRECT COSTS OF YOUR INVESTMENT: $866.83
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.
TOTAL FEES YOU PAID: $945.73
This approximate amount includes all the fees and costs which affected your investment during the period.
YOUR PERSONAL DETAILS Call our helpline: 1800 682 525
Your member no: 12345
Your employer no:
333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT YOUR PERSONAL DETAILS 9
From time to time we’ll be in touch with information about your account, so it’s important that we have your up to date details, including your email. Log in to your account or call us to update it today. If you can’t remember your PIN call us on the Helpline.or visit mercersuper.com to reset it.
YOUR PERSONAL AND ACCOUNT DETAILS
Full name Andrew Sample
Address 100 Collins Street
MELBOURNE VIC 3001
Age at 30 June 2015 50
Employer number 333333
Member number 12345
Membership category Accumulation Member
Email andrew.sample@recall.com
Telephone 03 9876 5432
Mobile
Eligible service date 1 July 1998
Date joined the Plan 1 June 2014
Date benefits accrued from 14 July 2005
TFN supplied Supplied
Super salary at 1 July 2015 $57,000.00
Employment status Full-time
OTHER IMPORTANT THINGS YOU SHOULD KNOW
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no:
333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT OTHER IMPORTANT THINGS YOU SHOULD
KNOW 10
If you have a question or would like additional
information about the Mercer SmartSuper Plan call us
on the Helpline and we’d be happy to help.
Making the most of your super
Visit mercersuper.com. to learn more about the many ways that
you can make the most of your super with Mercer.
To log in you’ll need your pin and your employer and member number, both found on the top right hand side of this statement. If you don’t know your PIN, call us on the Helpline. and we’ll help you reset it
Your privacy is important to us
For information on privacy and the handling of your personal
information please refer to our Privacy Policy on our website
mercersuper.com.
Your satisfaction is our priority
We take dispute resolution very seriously. If you’ve got an issue to
solve, we have a process in place to try our very best to rectify it.
You can contact the Enquiries and Complaints Officer in writing or
by calling us on the Helpline.
Mercer Super Trust
GPO Box 4303
Melbourne VIC 3001
Our obligation to you
The Trustee has an obligation to provide you
with any information you reasonably require to
understand your super benefit entitlements.
Annual Report to Members
The Annual Report to Members will provide you
with the most recent information regarding the
financial status and other information about the
Plan. If you would like a copy, please visit the
website or contact the Helpline.
MySuper Dashboard
The latest Product Dashboard for the Plan's
MySuper product can be found at
http://mercersupertrust.com/documents
OTHER IMPORTANT THINGS YOU SHOULD KNOW
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no:
333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT OTHER IMPORTANT THINGS YOU SHOULD
KNOW 11
ACCESSING YOUR SUPER
The Government has placed restrictions on when you can access your
super.
Restricted Non-Preserved
The restricted non-preserved amount (if any) is the part of your benefit
that is payable in cash on ceasing employment or upon attaining age
65. Please note that this amount may not be payable in cash in these
circumstances if you are a temporary resident of Australia. More
details on the conditions of release for temporary residents can be
found below.
Unrestricted Non-Preserved
The unrestricted non-preserved amount (if any) is the part of your
benefit that is payable in cash at any time.
Preserved
The preserved amount is that part of your benefit which by law must
be kept in a superannuation fund or other approved arrangement until
you meet one of the conditions set down by the Government.
These include where you:
leave your employer at or after age 60, or
retire permanently from the workforce at or after your preservation
age, or
attain age 65 (conditions apply), or
become permanently disabled, terminally ill or die, or
satisfy certain compassionate grounds or financial hardship criteria
as specified by legislation, or
leave your employer and your total benefit is under $200 (and you
are not a temporary resident).
The above conditions of release may not apply to some temporary
residents. If you are not an Australian or New Zealand citizen or an
Australian permanent resident, a condition of release may only be met
if you become permanently disabled, ill or pass away or in some
circumstances on departing Australia and cancellation or expiry of
your visa.
What’s my preservation age?
Date of Birth Preservation Age
After 30 June 1964 60
1 July 1963 – 30 June 1964 59
1 July 1962 – 30 June 1963 58
1 July 1961 – 30 June 1962 57
1 July 1960 – 30 June 1961 56
Before 1 July 1960 55
Minimum super benefit
Your super benefit satisfies the minimum payout
under the Superannuation Guarantee legislation.
OTHER IMPORTANT THINGS YOU SHOULD KNOW
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no:
333333
MERCER SMARTSUPER PLAN | SUPER STATEMENT OTHER IMPORTANT THINGS YOU SHOULD
KNOW 12
ADDITIONAL INFORMATION ABOUT
INSURANCE IN THE MERCER
SMARTSUPER PLAN
All or part of your death and disablement benefit may be insured
with an insurance company. In certain circumstances the insurance
company may restrict or decline all or part of the amount it will pay
in relation to a particular claim. Should this happen the amount
payable on death or disablement may be less than that shown on
this statement as it may not include the insured portion. Please
refer to page for details of any insured amounts.
Death benefit - Your payout if you pass away or are terminally ill is
equal to your death cover plus your super account balance.
Total and Permanent Disablement (TPD) – Your payout if you
become totally and permanently disabled is equal to your TPD
cover plus your super account balance. Your TPD cover may be
assessed on a full TPD definition, a limited (also referred to as
“restricted” TPD definition (or a maximum of both) depending on
the amount of your TPD cover, your employment status and your
age. Your payout may be reduced depending on which TPD
definition is applicable to you. For more information, please refer to
your Product Disclosure Statement and/or any other member
materials you have received since joining the Plan or call the
Helpline.
OTHER IMPORTANT THINGS YOU SHOULD KNOW
Call our helpline: 1800 682 525
Your member no: 12345
Your employer no: 333333
About this statement
This super statement provides a guide to your super benefit entitlements in the Mercer Super Trust. The amount of those benefits shown in this
statement reflects the super payout that would have been payable to you had you left the Mercer Super Trust as at the date of this statement. The
amount of your actual super payout will be determined and calculated as at the date you leave the Mercer Super Trust and as such may vary from the
amounts shown in this statement. The amounts shown are based on your personal details as set out inside. The trustee believes these details to be
accurate, complete and up to date. However, errors sometimes occur and the trustee reserves the right to correct them. You should check the details
carefully and if you believe there are any errors please call the Helpline. Before making any decisions based on the information set out in this
statement, you should confirm the amounts by calling the Helpline. The trustee also recommends that you confirm the amount of your super payout
before you leave the Mercer Super Trust.
This document has been issued by Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533, AFSL #235906, as trustee of the Mercer
Super Trust ABN 19 905 422 981. Mercer financial advisers are authorised representatives of Mercer Financial Advice (Australia) Pty Ltd ABN 76 153
168 293 AFSL #411766. ‘MERCER’ and Mercer SmartPath are Australian-registered trademarks of Mercer (Australia) Pty Ltd ABN 32 005 315 917.
Copyright 2015 Mercer LLC. All rights reserved.
MERCER SMARTSUPER PLAN | SUPER STATEMENT OTHER IMPORTANT THINGS YOU SHOULD
KNOW 13
Salary at 1 July 2015
This salary is the last salary advised by your
employer to the trustee effective on or before 1
July 2015. Where a different salary applied to
you on 30 June 2015 the value of any benefit
at that date may differ from that shown in your
statement. If your salary at 1 July 2015 is
incorrect please contact your employer.
Your address
If your address has changed, or changes in the
future, please update your new details via the
website or by calling the Helpline.
Enquiries
If you have a query or would like to obtain
additional information about the Mercer
SmartSuper Plan, including your benefit
entitlements and investments within the Mercer
SmartSuper Plan, or any of the fees, charges
or expenses paid by the Mercer SmartSuper
Plan, please contact the Helpline. The trustee
has an obligation to provide you with any
information you reasonably require to
understand your super benefit entitlements.
TAX AND YOUR SUPER
Tax is payable on taxable contributions, and certain fees and
premiums may be deductible, thus reducing the tax payable.
Tax adjustment
In some cases the timing and application of tax is such that the
Plan's administration system does not allocate tax to particular
transactions. In such cases the proper tax treatment is achieved by
way of a special tax adjustment which for this period amounts to -
$99.03.
Superannuation surcharge
The superannuation surcharge is a tax on certain contributions
made before 1 July 2005 for some higher income earners. Details
of any surcharge paid in respect of you are shown on page 2.
EMPLOYMENT STATUS
Your employment status, as advised to the trustee by your
employer, is shown on page 9. Your employment status may affect
the insured part of your super, so you should contact your
employer if you believe this is incorrect. Generally the following
definitions are used to determine your status:
Full-time
Permanent employees who work at least 15 hours per week
Part-time
Permanent employees who work less than 15 hours per week
Casual
Employees who work on a casual basis
Refer to the Product Disclosure Statement for further details and if
in doubt contact your employer.