QAD Australia Pty Ltd - Super Plan - Features at a Glance
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QAD Australia Pty Ltd
Super Plan – Features at a Glance
Features and benefits of the Insurance
QAD Australia Pty Ltd You’ll have access to the following features and benefits, subject to your
eligibility*.
Superannuation Plan with MLC Category Insurance Benefit Design
Plan information is current as at August 2021
All Staff Your default Death and TPD insurance with MLC is called
Investing through super is usually the most tax-effective way to MLC Lifestage Insurance, which is a combination of Death
save and prepare for your retirement. In fact, for many and TPD insurance designed to provide you with the best
Australians, your super could grow to be your largest asset. So level of cover, through different life stages, and when you
it’s important to understand how it works, and how you can be in need it most.
control of your super savings.
You’ll have more insurance when you’re younger, when
To help you do exactly this, your employer has given you a great you’re most likely to have a high mortgage or children at
opportunity to grow and protect your wealth by selecting MLC home, and will gradually reduce when you’re older and most
MasterKey Business Super. likely to be financially secure.
The MLC MasterKey Business Super plan offers you a range of For more information, including the MLC Lifestage Sum
features and optional extras which means your money will work insured amounts visit mlc.com.au/mkbsrates..
harder for you, the way you want.
* We cannot automatically provide insurance until you’re at least age 25 and
Why choose MLC? your super account balance reaches $6,000 – unless you elect in writing to
have insurance cover or your employer pays for your insurance premiums.
For over 135 years, MLC has been helping customers create the Other eligibility requirements and other terms and conditions may apply. You
best possible future. can find out more by visiting mlc.com.au/personal/insurance/latest-updates-to-
We’re one of Australia’s most highly rated platforms and manage insurance-in-super.
over $200 billion on behalf of Australian investors.
In fact, in 2021, MLC MasterKey Business Super has been rated
a Platinum Super Product by SuperRatings, 5 Quality Stars by Automatic Acceptance Limit (AAL)
Herron Partners and 5 Apples by Chant West.
Cover without personal or medical evidence for assessment.
Benefits for you today and tomorrow An AAL provides you with cover without having to provide personal or medical
We’re proud to offer you access to MLC Member Benefits, our evidence for assessment. You will receive automatic cover consistent with the
benefits program includes preferential banking offers and lifestyle Plan’s Default Benefit Design, up to the below AAL.
offers and discounts. There’s something in it for everyone
including offers from leading brands, as well as travel offers and Cover Type AAL
savings on health insurance. Just login to
memberbenefits.mlc.com.au for more details.
Death & TPD Your AAL is equivalent to your MLC Lifestage Sum
insured amount, visit mlc.com.au/mkbsrates.
Get the advice you want
You can apply for a higher level of Death & TPD insurance or Income Protection
insurance however medical evidence may need to be provided.
For more information, please contact your Plan Adviser:
Daniel Cunningham
CA Hills
Phone: 0468 340 177
Email: daniel@cahillsfs.com.au
149 Great Western Hwy, Kingswood NSW 2747
MySuper – Default Investment
MySuper automatically provides a mix of growth and defensive assets depending on your age. When you’re younger and have more opportunity to grow
your super, your MySuper will be invested in more growth assets. From age 55, we’ll gradually move your balance towards more defensive assets. We’ll
make this gradual shift until you turn 65. To achieve this, MySuper uses a combination of three investment portfolios: MySuper Growth Portfolio,
MySuper Conservative Growth Portfolio, and MySuper Cash Plus. For more information on the three investment portfolios, please refer to the
Investment Menu.
Under age 55 At age 60 Age 65 and over
Investment objective To outperform inflation, measured To outperform inflation, measured To outperform inflation, measured
by the Consumer Price Index, by by the Consumer Price Index, by by the Consumer Price Index, by 3
3.5% pa after investment fees and 3.3% pa after investment fees and % pa after investment fees and
taxes, over any 10 year period. taxes, over any 10 year period. taxes, over any 10 year period.
Benchmark asset allocation 80% growth 74% growth 66% growth
20% defensive 26% defensive 34% defensive
We may adjust the assets Growth assets: 65 - 95% Growth assets: 60 - 90% Growth assets: 53 - 80%
allocation within these ranges
Defensive assets: 5 - 35% Defensive assets: 10 - 40% Defensive assets: 20 - 47%
Minimum suggested time to 7 years
invest
Standard Risk Measure High (between 4 and 5 years in 20 Medium to high (between 3 and 4 Medium to high (between 3 and 4
(estimated number of negative years) years in 20 years) years in 20 years)
annual returns)
You can change your investment options (balance / future contributions) online once your account has been set up. MLC offers a comprehensive range
of investment options, with over 40 to choose from. MySuper is the investment option where your super will be invested if you do not make an
investment choice. You can find more information on the MySuper investment option in the Welcome Kit available online once your account has been
set up. More information is available at mlc.com.au/pds/mkbs
Fee Design
Fee type MySuper Other Investment Options
Administration fee • 0.30% pa. of your balance1 • 0.47% pa. of your balance1 (0.30% pa of your balance
Plus invested in MLC Cash Fund)1
Plus
• A fixed fee of $78 pa.
Plus
• Trustee Levy of 0.02% pa of your balance
Indicative Investment fee • 0.46% pa. • Ranges from 0.24% to 1.45% pa. (estimated)
Estimated indirect cost ratio • Ranges from 0.34% to 0.38% pa. • Ranges from 0.00% to 0.62% pa.
Buy-Sell spreads • 0.00% / 0.00% • Ranges from 0.00%/0.00% to 0.30%/0.30%
(Entry / Exit)
1
A cap of $2,500 pa applies to the administration fee (the maximum you’ll pay for the percentage fee). This cap does not include the fixed fee and
Trustee Levy.
The above table outlines the fee design for the default investment within the QAD Australia Pty Ltd Superannuation Plan. A tax benefit may apply to fees
charged to your super account. All fees in the table above are before the tax benefit. We charge the fees and then where applicable, pass the tax benefit
back to your account as a credit, which reduces the fees shown by approximately 15%.
All details on latest fees and charges that may apply are outlined in the Product Disclosure Statement Fee Brochure, Investment Menu and on
mlc.com.au.
For more information, please call us on 132 652 between 8am and 6pm AEST, Monday to Friday.
NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 (Trustee). NULIS Nominees (Australia) Limited is part of the IOOF Group of Companies, comprising IOOF
Holdings Limited ABN 49 100 103 722 and its related bodies corporate (IOOF Group). This material contains information that is general in nature and does not take into account your
objectives, financial situation or needs. Before acting on the information you should consider whether it is appropriate having regard to your personal circumstances and seek
professional advice. You should refer to the Product Disclosure Statement before you make any decisions about your superannuation. Please note that the information contained in
this material is current as at t August 2021. Any changes in the law or policy subsequent to this date have not been incorporated.A great choice.
For a super future.
We’ve been working with your employer to provide super solutions that will empower you to make the right choices today
on how you can save, invest and plan for your future.
Here’s how MLC MasterKey Business Super can work for you.
What we’ll do:
• When your employer sets you up, we’ll send you all the information you need to get started.
• Set you up online. If your employer has provided your email address when your account is set up, we’ll also send you a
welcome email with instructions for you to log in online for the first time. As a member, you can access your super details
as well as personal financial advice about your super and insurance online.
• Offer you great member benefits. You can access thousands of lifestyle offers which include financial products and
services through MLC Member Benefits.
• Help you with your insurance needs. We’ll send you details about our insurance cover to help you protect your loved ones
and provide you options for extra cover.
• Help you find the right advice. If you or your Plan don’t have a financial adviser we can put you in contact with one of our
advisers who can assist you to reach your financial goals – just call 133 652.
What you need to do:
• Learn about your Plan. Read the enclosed flyer to understand the key features and benefits of MLC MasterKey
Business Super.
• Not a member? Fill out the enclosed Super Choice Fund Nomination Form, give this to your employer and you can start
to enjoy the benefits of MLC MasterKey Business Super.
• Bring your super together. Once you’re a member, we can take the hassle out of finding and bringing your super
accounts across to your MLC account for you.
Questions?
For more information about MLC MasterKey Business Super, please call us on 132 652 between 8am and 6pm (AEST/AEDT)
Monday to Friday.
Yours sincerely,
Sam Wall
General Manager
Wealth Products & Platforms
On behalf of the Trustee
NULIS Nominees (Australia) Limited 105–153 Miller Street PO Box 200 Tel 132 652
ABN 80 008 515 633 North Sydney North Sydney Fax (02) 9964 3334
AFSL 236465 NSW 2060 Australia NSW 2059 Australia mlc.com.au
A125118-0521MLC MasterKey Business Super
Key Features
Build your savings while you work and look forward to a better retirement
with MLC MasterKey Business Super.
Super helps you grow and protect markets, and seeking new opportunities designed to cater to your needs through
your wealth and save for your future. to increase returns or reduce risk. different life stages. You’ll have more
insurance when you’re younger, when
And, no matter where you’re at in your We also offer a wide range of specialist you’re most likely to have a high mortgage
working life, we can help you build portfolios managed by us or other or children at home, and lower insurance
towards a better retirement. investment managers. If you don’t make when you’re older and most likely to be
an investment choice, your super is financially secure.
The range of features and optional extras invested in MySuper, which is managed
we offer means we can help you get by JANA Investment Advisers (JANA), For more information on insurance
your money working for you, the way a fully‑owned subsidiary of IOOF. please refer to the Insurance Guide at
you want. mlc.com.au/pds/mkbs
We also keep you updated with regular
Investments that make sense reports and online access to your
Keeping it in the family
If you want to select your own account, so you can see exactly how your
investments are performing. Members of your family can also join
investments, we offer a range of your Plan and take advantage of these
portfolios with different risk levels to features.
suit you at any stage of life. As Australia’s Protecting you and your
most experienced multi‑manager, loved ones Eligible Family Members include
we research hundreds of investment We believe all Australians should be able your spouse, de facto spouse, parents,
managers from around the world to select to protect their family and their future. brothers, sisters and children. For further
some of the best ones for our investment That’s why we’ve made sure you can information please go to mlc.com.au
portfolios. Because world markets have insurance with your super. When
change, we manage and evolve our you join the Plan you will automatically Benefits for you today
portfolios by actively researching these be given default insurance, subject to and tomorrow
certain conditions. This will either be We’re proud to give you access to
insurance we’ve selected, or insurance member benefits such as lifestyle
your employer has selected for you. You offers, special access to reserved seating
won’t have to fill out any forms as your allocations for world class live events,
employer will provide information to travel offers and savings on health
us. You can apply for a higher amount or insurance, and more. Just log in to
different type of insurance by completing mlc.com.au/memberbenefits for more
the short form insurance application details.
available on mlc.com.au. Or you can
reduce or cancel your insurance at any
Getting more from your super
time by contacting us.
To help you learn more about super
If your employer hasn’t selected and other financial solutions, we provide
insurance for your Plan, or doesn’t a range of resources including online
provide the information we need to set videos, feature articles, a range of
up your insurance we’ll provide you with interactive tools and calculators.
MLC Lifestage insurance. It provides a
combination of Death and TPD insurance
Key Features | 1Please visit mlc.com.au/howto/mkbs If we don’t have your email address, A simple and transparent
to view our online resources. And, while let us know so we can send you the fee structure
you’re there, don’t forget to register for next edition. Our simple and transparent pricing
access to your secure online portfolio. structure means our fees are easy
You’ll find your login details in your Apply for or increase to understand and you’ll always
Welcome Kit. your insurance know what you’re paying for. More
To apply for or increase your insurance, information can be found on our PDS
We keep you in-the-know please log in to your account online, at mlc.com.au/pds/mkbs
We’ll help you stay informed about your or complete the Short form insurance
account, your investments and other application available on mlc.com.au.
opportunities throughout the year. You can contact us or your Plan adviser The easy way to manage
to find out what the additional premiums your account
Welcome Kit will be. To manage your account and
transactions quickly and easily,
When you join, we’ll send you a Welcome
Bring your super together simply register for MLC online
Kit to confirm the details of your
access at mlc.com.au
account, including your investment Keeping all your super in one place
and insurance details. makes sense. And you’d be surprised Once you’ve registered, you’ll have
how much money you can save when secure access to your account and
We’ll also give you your log in details, you consolidate, and the difference it can investment information – all in one
so you can always see exactly how your make to your final balance. convenient location.
investments are performing. And, you’ll also be able to update
Bringing your super together is your details, change investment
Your annual statement simpler than you think. Log into strategies and view your
your account and complete the online statements online.
Every financial year we’ll send you
consolidation form. To get started, go to
an annual statement to provide a
mlc.com.au/consolidate
summary of all your transactions and
investment details.
MLC News & Insights
Your quarterly member email gives you
market updates, product enhancements
and educational information to help you
make the most of your super.
Important information
This guide is published by NULIS Nominees (Australia) Limited ABN 80 008 515 633, AFSL 236465 (NULIS), as Trustee of the MLC Super Fund. NULIS
is part of the IOOF Group of Companies, comprising IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate (IOOF Group). It is intended
to provide general information only, without taking into account any particular person’s objectives, financial situation or needs. The information
contained in this guide is based on our interpretation of relevant superannuation and taxation laws as at 1 June 2021. Investors should, before acting on
this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We
recommend investors obtain financial advice specific to their situation before making any financial, investment or insurance decision. Before
acquiring a financial product, you should obtain a Product Disclosure Statement relating to the product and consider its contents before making any
decision about whether to acquire or continue to hold the product. An investment in MLC MasterKey Business Super is subject to investment risk
including possible delays in repayment and loss of income and capital invested. None of IOOF Holdings Ltd, NULIS Nominees (Australia) Limited or
any other member of the IOOF Group guarantees the capital value, payment of income or performance of MLC MasterKey Business Super.
This document is correct as at 1 June 2021, but may be subject to change.
Insurance is issued by MLC Limited ABN 90 000 000 402, AFSL 230694. MLC Limited uses the MLC brand under licence. MLC Limited is part of the
Nippon Life Insurance Group and is not a part of the IOOF Group.
A125117-0421Your benefits program
We’re proud to offer MLC Food and dining
Discounts of up to 25% off the total Any questions?
members access to our benefits
bill or 2 for 1 offers. To explore the wide range of offers
program, MLC Member Benefits. available to you from MLC Member
Travel and accommodation Benefits today, simply go to
What’s MLC Member Benefits? Receive exclusive deals with Accor mlc.com.au/memberbenefits for
MLC Member Benefits offers access to and Europcar just to name a few. more information.
a range of lifestyle product offers and If you have any questions please
discounts. There’s something in it for
Popular gift cards and vouchers
phone 132 652.
everyone including offers from leading Save up to 10% on a wide range of
brands such as Woolworths and Coles. gift cards and vouchers exclusively
for our members from leading brands
If you enjoy travelling, you’ll find offers such as Coles, Woolworths, David Jones,
on accommodation and car hire for Myer and Harvey Norman.
both domestic and international travel,
helping you save money before you Health insurance
even leave. Discounts on health insurance with
leading providers.
What’s available to you?
Online shopping
Lifestyle offers and discounts Access discounts through the
Box office, ticketing and events convenience of online shopping,
saving you time and money.
Access to pre-release and VIP tickets
such as major sporting events, exclusive
discounts on movie tickets plus
much more.
This communication is current as at 1 June 2021 and subject to change. This communication has been issued by NULIS Nominees (Australia) Limited
ABN 80 008 515 633 AFSL 236465 (NULIS) as Trustee of the MLC Super Fund ABN 70 732 426 024. NULIS is part of the IOOF Group of Companies, comprising
IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate (IOOF Group).
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MLC Limited ABN 90 000 000 402 AFSL 230694 (the Insurer) uses
the MLC brand under licence. MLC Limited is part of the Nippon Life
Insurance Group and not a part of the NAB Group of Companies. Any
references to ‘we’, ‘us’ and ‘our’ means MLC Limited. Best Doctors® is
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Don’t need to be on a More value from
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change the terms on which the service is provided to customers. If
your insurance is held within the MLC Super Fund, the Trustee also
reserves the right to withdraw the service at any time.
It is prohibited to copy, use or publish the content or parts of the
content of this flyer without the express permission of MLC Limited. Find out more at
Best Doctors® and the star-in-cross logo are trademarks of Best
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Doctors®, Inc., in the United States and in other countries, and are
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We will not seek any information from Best Doctors if needed.
To use the service, including Mental Health Navigator, call
without your express permission. the Best Doctors Hotline on 1800 186 088 – Monday to
Friday, 9am to 5pm (Sydney/Melbourne time).Super choice fund nomination form
MLC MasterKey Business Super
MLC MasterKey Personal Super
This form is only to be used for employer Super Guarantee contributions.
Please complete section 1, 2 and 3 of this form and give it to your employer. This form can be used instead of completing the
‘Superannuation – Standard choice form’ which you may have received from your employer. Some employees may not be able
to choose their own superannuation fund. Please speak to your employer or visit www.ato.gov.au for more information.
1. Your chosen fund details
Fund name MLC Super Fund
Product name MLC MasterKey Business Super / MLC MasterKey Personal Super
Your full name
MLC Super account number
Your Tax File Number (TFN)*
Fund Australian Business Number (ABN) 70 732 426 024
Unique Superannuation Identifier (USI) 70 732 426 024 100
Fund address MLC Super, PO Box 200, North Sydney NSW 2059
Fund contact 132 652
* You do not have to quote your TFN but if you do not provide it, your contributions may be taxed at a higher rate. Your TFN helps you keep track of your
super and allows you to make personal contributions to your fund.
2. Chosen fund payment methods
Your employer can use the following payment methods to pay Super Guarantee contributions on your behalf. If you would like to make
other types of contributions please refer to the MLC MasterKey It’s easy to contribute flyer on mlc.com.au
BPAY® You and your employer can make contributions to your new superannuation account directly from a savings,
cheque or credit card account using BPAY®. Simply use phone banking or internet banking and quote the following:
Biller code: 919688 CRN Ref: 1
When making any BPAY® contributions you need to include the nine digit Customer Reference Number.
This can be found by logging into mlc.com.au and clicking on Account details or by calling us on 132 652.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
3. I request that all Super Guarantee contributions are to be made to the fund specified above:
Employer name
Employer ABN
Employee number (if applicable)
Date (DD/MM/YYYY) Signature
4. Give this form to your employer. Do not send this form to us or the Australian Taxation Office (ATO).
Employer use only: Date accepted (DD/MM/YY) Date processed (DD/MM/YY)
Employers must keep the completed form for their own records for five years.
Complying Fund Statement MLC Super Fund is a complying superannuation fund and a resident regulated superannuation fund within the meaning of the
Superannuation Industry (Supervision) Act 1993 and the trustee of the fund has not received a written notice directing the trustee not to accept any contributions made
to the fund by an employer sponsor.
The above Complying Fund Statement wording has been approved by the Australian Taxation Office as an acceptable notification that a Fund is a complying fund.
Contribution Acceptance Section The Fund accepts all contribution types including superannuation guarantee contributions from any employer on your behalf.
A127668-0521For more information call MLC
from anywhere in Australia
on 132 652 or contact your
financial adviser.
Postal address
MLC Limited, PO Box 200
North Sydney NSW 2059
Registered office
Ground Floor, MLC Building
105–153 Miller Street
North Sydney NSW 2060
mlc.com.au
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