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Roduct Disclosure Statement and I consent to this withdrawal. For a member who has selected Benefit Type 2A: the member has ceased employment to the best of my knowledge the member does not intend to be re-employed by any employer, either permanently or under fixed-term agreement. For a member who has selected Benefit Type 2C: The member has reduced the member s hours of employment from full time to less than 30 hours per week. To the best of my knowledge, the member does not intend to increas.
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ASBGroup FAQ
All superannuation funds in Australia operate as trusts. The deed establishes the basis of calculating each member's entitlement. The trustee will usually retain discretion concerning such matters as the fund's investments and the selection of a death benefit beneficiary.
The structure of a master trust provides greater economies of scale, by enabling investors to pool their investments together. This benefit allows the portfolio manager to manage a single pool of investments, keeping transaction costs low and providing access to less expensive share classes and overall fees.
The SuperLife Superannuation Master Trust is a workplace savings scheme that gives you simple solutions to reach your life goals. Let us help you make taking care of your future easy. Available to participating employers and members.
How do I make a withdrawal? Fill in the appropriate application form. Return it to us via post, email a scanned copy to retire@asb.co.nz, or return it to an ASB branch. We aim to process partial withdrawal requests within five to seven business days, and full account closure requests within 10 to 15 business days.
The SuperLife Superannuation Master Trust is a workplace savings scheme that gives you simple solutions to reach your life goals. Let us help you make taking care of your future easy. Available to participating employers and members.
In constitution, a master trust pension is the same as any other trust-based pension scheme. The difference is that it is structured to look after pension savings sponsored by different employers, each with their own section within the master trust. Trustees are generally independent of the master trust provider.
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