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Australian Food Super

Understanding your Pension statement

Understanding your statement

Around September/October each year, Australian Food Super issues an annual Pension statement to every member. This statement records all of the activity that has occurred on your account during the previous financial year. It’s an opportunity for you to review how your investment has performed.

Understanding your statement

So how should you use this important document?

Check your information is correct.

The first thing you should do is make sure your name is spelt correctly and that your address is correct. Also, check whether you have given us your tax file number, email address and mobile phone number. If not, you can update this information using our member app or by calling us on 1800 808 614.

Have you nominated any beneficiaries?

You might want to check who you have nominated to receive your superannuation and any insurance benefits in the event of your death. Read our Death Benefit Claim Fact Sheet at www.ausfoodsuper.com.au/fact-sheets/ for more information.

You can also change your beneficiary nomination using our member app or by calling us on 1800 808 614.

Fees and costs.

Your statement will also show you the fees you have been charged and what they are for. You can find out more about the fees and costs associated with super here.

Investment performance.

Another important feature of your statement is the information on your investments. Your statement shows the short- and long-term performance of our investment options as well as how much money you have invested and in which options.

If you would like to discuss how you are invested, just call our Member Hotline and ask to speak to one of our financial advisers.

*Australian Food Super has engaged Retire360 ABN 36 105 811 836, AFSL No. 258 145, to provide this advice to members.
**Plus investment fees and costs. The 0.07% p.a. component of the administration fee is only charged on the first $250,000 of your account balance. No percentage-based administration fee applies to any balance above $250,000. All fees and costs are outlined in our our Fees and other costs fact sheet.
This document is issued by Australian Meat Industry Superannuation Pty Ltd ABN 25 002 981 919, AFSL 238829, as Trustee for the Australian Meat Industry Superannuation Trust (the “Fund”), ABN 28 342 064 803 (Australian Food Super). The information in this document is general only. It does not take into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you and obtain financial advice tailored to your circumstances. Read the relevant Product Disclosure Statement (PDS) and Target Market Determinations (TMD) before making any decision. Both are available at ausfoodsuper.com.au. The governing rules of the Fund are in the Trust Deed, available at ausfoodsuper.com.au. The Trustee may change the Trust Deed from time to time.