Issuer: IOOF Investment Management Limited ABN 53 006 695 021, AFS Licence No. 230524.
Expand Extra Super and Pension
Product Disclosure Statement
29 January 2024
myexpand.com.au
EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
myexpand.com.au
About the Trustee
(General Reference Guide
General Reference Guide
Updated information
• myexpand.com.au
• and.com.au
•
al.com.au
Expand Extra General
Reference Guide (General Reference Guide)Expand Extra (),
the Expand Super Insurance Guide (Insurance Guide)
consider the information contained in the Expand Extra Investment Menu (Investment Menu)
Investment Menu
General Reference Guide
i
What is inside?
Why invest in Expand Extra Super and Pension? 2
Snapshot of Expand Extra Super and Pension 2
Opening your account 4
What are conditions of release and how do they
aect your benet? 4
Dependants – paying benets ifyoudie 5
Types of contributions 6
Investing your initial contribution 6
What can the initial contribution to an Expand Extra
Pension account be made up of? 6
Are there restrictions on contributions used to
commence your pension? 7
What types of account-based
pensionoptionsarethere? 8
How is the minimum annual pensioncalculated? 8
Selecting your annual pensionpayments 9
Frequency of pension payments 9
What is the Transition to retirement (TTR)
pensionoption? 9
What are the risks? 12
How can investment risk be reduced? 12
Risks when investing in super and pensions 12
Risks specic to pensions 12
Risks that may aect your investment options 13
Risks associated with insurance withinsuper 14
Can a lump sum withdrawal bemade? 14
Fees and costs summary 16
Additional explanation of fees andcosts 19
Tax on contributions 24
Tax on investment earnings in youraccount 24
Tax Optimisation 24
Tax on pension payments and lump sum
withdrawals 25
Tax le numbers 25
Group life and Income Protection insurance 26
Retail insurance 26
Cooling-o period 27
Managing your account 27
Centrelink/Department of Veterans’ Aairs
information 27
Your instructions and communications 27
Electronic communications 27
Keeping track of your investments 27
Transferring from another Expand product or
other product within theFund 27
Transferring assets into your ExpandExtra
Pension account 27
Transfers from pension accounts within
theFund 28
Your privacy 28
Anti-Money Laundering and Counter Terrorism
Financing (AML/CTF) requirements 29
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Snapshot of Expand Extra Super and Pension
Investing
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Investment Menu.
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Introducing Expand Extra Super and Pension
Why invest in Expand Extra Super
• Investment choice
Investment Guide and Invest
• Value for money
• Full-featured online services
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only)
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
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• Pension
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Investment Guide
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
How does Expand Extra Super andPensionwork?
Opening your account
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How does your Expand Extra Super
General Reference Guide
Commencing an Expand Extra
Pension account
General Reference Guide
What are conditions of release and
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Guide
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General Reference Guide
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Contributing to your account
Types of contributions
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Investing your initial contribution
General Reference Guide
What can the initial contribution to
an Expand Extra Pension account be
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Are there restrictions on
contributions used to commence
General Refere
General Reference Guide
Pension options explained
etirement.
What types of account-based
General Reference Guide
How is the minimum annual
Age Minimum drawdown rates
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Selecting your annual
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Important note:
Frequency of pension payments
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What is the Transition to retirement
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Making investment choices
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Investment
Menu at myexpand.com.au
Investment Guide
Important note:
Please refer to the ‘Fees and other costs’ section for
Investment Menu
Investment Menu
Investment Menu
out in the Investment Guide
Investment Guide
Investment Guide
Important note:
Investment
Menu
Investment Guide and Investment
Menu
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
More about risks
Risks when investing in super and
pensions
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Type of risk Explanation
myexpand.com.au
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Risks associated with insurance
Insurance Guide
Withdrawing through Expand Extra
SuperandPension
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• Family
Law Act 1975
General Reference Guide
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Fees and other costs
Investment Menu
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Fees and costs summary
Expand Extra Super and Pension
Type of fee or cost Amount How and when paid
Nil
Account Keeping Fee:
The Administration Fee
at the end of
The Account Keeping Fee
Interest retained on Cash Account
on the Cash Account
and the total interest earned in relation to
Administration costs paid from the reserve
Pension and do not include the fees and costs that relate to
Investment Menu
myexpand.com.au
myexpand.com.au
16
EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Expand Extra Super and Pension
Type of fee or cost Amount How and when paid
Investment Menu
myexpand.com.au
Example — MLC MultiActive Balanced Balance of $50,000
Administration fees
and costs
$246.00 in administration fees and
plus $180
PLUS
fees and costs
And
$534.60
PLUS Transaction
costs
And
$44.55
EQUALS Cost
costs of $1,005.15
Note:
Warning:
!
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Investment held Account balance
Cash Account
TOTAL $250,000
the investment menu.
Balance of $250,000
Administration fees
and costs
$1,230 in administration fees and
PLUS
fees and costs
And
$950
PLUS Transaction
costs
And
$135
EQUALS Cost of
and Pension
$2,495
Note:
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Additional explanation of fees
Administra
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
fees and costs stated in the Investment Menu and is current
are outlined in the Investment Menu,
myexpand.com.au
myexpand.com.au
• Listed investments
• Listed investments – Managed Discretionary Accounts
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
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Important Note
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
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Note:
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Insuran
Fee rebate for low account balances
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What taxes apply and how do
they work
Managed investment rebates
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
What taxes apply and how do they work?
General Reference Guide
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section of General Reference Guide
Tax on contributions
Tax on investment earnings in
Tax Optimisation
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
• First In, First Out:
• Minimise Gain/Maximise Loss:
• Maximise Gain/Minimise Loss:
Tax on pension payments and lump
sum withdrawals
Component Pension payment Lump sum withdrawal
result of death
General
Reference Guide
Superannuation Industry (Supervision)
Act 1993
the Privacy Act 1988
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nd.com.au
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Insurance in Expand Extra Super
read the Insurance Guidemyexpand.com.au
Group life and Income Protection insurance
Insurance Guide
myexpand.com.au
myexpand.com.au
Retail insurance
Warning:
Insurance Guidemyexpand.com .au or the
The material in the Insurance Guide
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
General information
Managing your account
General Reference Guide
Centrelink/Department of Veterans’
of the General Reference Guide
Your instructions and
communications
General Reference Guide
Electronic communications
General
Reference Guide
Keeping track of your investments
of the General Reference Guide
Transferring from another Expand
product or other product within
Transferring assets into your
27
EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Transfers from pension accounts
within the Fund
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Financial adviser authority
General
Reference Guide
Resolving complaints
on 1800 517 124
Email: cand.com.au
In writing to:
Further help – The Australian Financial
Website:
Email:
Phone:
In writing to:
Your privacy
myexpand.com.
General Reference Guide
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
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EXPAND EXTRA SUPER AND PENSION | Product Disclosure Statement
Anti-Money Laundering and Counter
requirements
the Commonwealth Government’s AML/CTF Act 2006
General Reference Guide
How do I apply?
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