WelcomeUniSuperto

1 Welcome to UniSuper

A Melissa Mignone, University of Adelaide

400,000+MEMBERS

$70+ BILLIONFUNDS UNDERMANAGEMENT

30+ YEARSEXPERIENCE

WE’RE ONE OF AUSTRALIA’S MOST AWARDED SUPER FUNDS

Helping you, our members, enjoy exceptional outcomes in retirement underpins everything we do. Our commitment to providing great value, strong long-term performance and genuine care to the higher education and research communities spans more than 30 years.

We’ve won a string of awards and high ratings from Australia’s top ratings and research agencies. These awards and ratings recognise funds that deliver the very best in investment performance, fees and member services.

Don’t just take our word for it …

SuperRatings, a superannuation research company, named UniSuper’s Flexi Pension product ‘Pension of the Year’ at its 2017 awards. The product has also achieved a 10-year Platinum Performance rating. Go to www.superratings.com.au for details of its rating criteria. SuperRatings doesn’t issue, sell, guarantee or underwrite this product.

Chant West awarded UniSuper ‘Pension Fund of the Year’ in both 2017 and 2018. UniSuper was also awarded ‘Best Fund: Advice Services’ in 2017. UniSuper’s accumulation products have received a 5 Apples rating. For information about the methodology used, see www.chantwest.com.au. Chant West has consented to the inclusion in this document of the references to Chant West and the inclusion of its logos in the form and context in which they are included.

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You’ve joined the Defined Benefit DivisionYour employer has determined that you’re eligible to join our Defined Benefit Division (DBD). This means you’ll be receiving generous employer super contributions of up to 17%. You can also make additional member contributions.

Our DBD is different from most other super products available in Australia. And it’s exclusive to UniSuper members.

About the DBD

With the DBD, your super is pooled together with other members’ super. This large pool provides greater protection from market downturns, as everyone shares the risk – even during times of negative investment performance.

Your super and other benefits are calculated based on a formula which reflects your age, years of service, how much you’ve contributed and your salary over the last five years before you retire. This means your retirement outcome is more certain, regardless of a share market boom or bust.

You automatically receive a form of insurance—called ‘inbuilt benefits’—which cover you if you become disabled, terminally ill, temporarily incapacitated or you die. These benefits are provided by UniSuper and are allowed for in the defined benefit formula.

You’ll also receive one unit of default death and total and permanent disablement cover, if you’re eligible.

Our DBD has been specifically designed to support the higher education and research sector and is one of only a few defined benefit funds in Australia able to accept new members.

Expected advantages of the DBD are: A more stable and reliable growth over your

working life A retirement outcomes aligned to your salary growth

and your standard of living A increased certainty of what your benefit will look

like at retirement A greater protection from investment market ups

and downs.

A Dr Peter Moar, La Trobe University

Welcome to UniSuper YOU’VE JOINED THE DEFINED BENEFIT DIVISION

Need more information?

To find out all the detail about the DBD and Accumulation 2, read the product disclosure statement, available at unisuper.com.au/dbd-pds

FEATURES AT A GLANCE DBD ACCUMULATION 2

CONTRIBUTIONS Generous employer contributions of up to 17%

You can make 7% standard member contributions (after-tax) or reduce/remove them altogether if you’re eligible (remember you can only make this choice once)

Ability to make regular or one-off contributions or split super contributions with your spouse

Into or from your accumulation component only.

COMBINING YOUR SUPER

Can accept transfers in from other funds Into your accumulation component only.

INVESTMENTS Choice of how your super is invested For your accumulation

component only.

The value of your super is directly determined by the performance of your investment options

For your accumulation component only.

INBUILT BENEFITS Inbuilt benefits can be thought of as similar to death and disablement insurance, but they’re ‘built in’ to your defined benefits.2 Inbuilt benefits are compulsory and determined by a formula.

Inbuilt benefits cease if you choose to transfer to Accumulation 2. You’ll received ‘transitioned cover’

INSURANCE You receive one unit of death and TPD insurance cover automatically when you first join UniSuper, provided you meet the eligibility criteria. You can apply for more if you need it or opt out altogether.

BENEFICIARIES Options when nominating beneficiaries for your death benefit

ADMIN FEES You should read all the information about fees and costs in the applicable product guide to understand their impact on your account.

Fees are allowed for in the formula used to calculate your benefit and aren’t deducted directly from your account.

Fees are deducted directly from your account

2 In the event of temporary incapacity, disablement, terminal medical condition or death you may receive a disability benefit, if eligible.

You can choose to move to Accumulation 2If you don’t think the DBD is for you, if eligible, you have two years from the date you joined to make the decision to move to Accumulation 2. We’ll be in touch with a reminder about making a decision before your two years is up.

If you choose Accumulation 2, any inbuilt benefits you had as part of your defined benefit will be bundled up and transitioned to external insurance cover.1

About Accumulation 2

As the name would suggest, Accumulation 2 is accumulation-style super. With Accumulation 2, you’re in more control of your super. Think of it like a bank account. You can:

A choose where to invest your super contributions in a way that suits you, from our range of 16 investment options

A easily monitor your account balance, because your account grows with contributions and is adjusted by investment returns (positive or negative), fees and taxes – similar to a bank account

1 External insurance cover is provided by our Insurer and is subject to eligibility. ‘Pre-existing condition’ (PEC) exclusions may apply. Read the What happens to your inbuilt benefits if you choose Accumulation 2? booklet available from unisuper.com.au/pds for more information.

Need advice?

Our advisers offer financial plans and advice on super as well as a broad range of insurance, investment and retirement strategies and products. To find out more, call us on 1800 823 842. You can even choose how you get this advice—over the phone or in person and what you get it on.

5 Welcome to UniSuper ACCUMULATION 2

COMPARING THE TWO OPTIONS

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Read both the DBD and Accumulation 2 Guides

Read our Choosing a style of super fact sheet

Make an appointment with an on-campus consultant to

discuss both options

You’ve automatically joined the DBD

Register for your online account

Combine your super

Review your insurance – consider whether what

you’re automatically provided is enough

WELCOMETO UNISUPER

CHOOSE BETWEENDBD OR ACCUMULATION 2

(TWO YEARS)

WELCOME!

LIFE CHANGES

No doubt during the course of our partnership, you’ll

experience change – new jobs, maybe starting a family,

hopefully buying a home, possibly moving countries –

the options are endless

The good news is, no matter what – we’re with you every

step of the way

Approaching retirement and thinking about

reducing your working hours but looking to retain

your same level of income? You can use some of your super to open a ‘transition to

retirement’ Flexi Pension

With many years of experience helping our members meet their specific retirement

needs, our advisers really understand how to help

you plan for your retirement

NEED ADVICE? TRANSITION TO RETIREMENT

ENJOY YOUR RETIREMENT

You’ve worked hard all your life, now it’s time to reap the rewards.

We’ll help you transition into this exciting and

new phase of life

DBD

Accumulation 2

If you do transfer to Accumulation 2, you won’t be able to change your mind and

transfer back to the DBD

If you don’t transfer within 24 months, you’ll stay a DBD

member

7 Welcome to UniSuper YOUR JOURNEY

Your journey with UniSuper

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109 Welcome to UniSuper YOU’RE IN THE RIGHT PLACE

You can be confident you’re in the right place Our award-winning products, competitive fees and investment returns—along with support to help you make smart financial decisions—all contribute to making us a great choice in super. Here’s why.

Strong long-term returns

We have a history of strong long-term investment performance and have regularly achieved returns that exceed industry benchmarks and averages.*

Our team of highly experienced in-house investment specialists ensure that you benefit from some of the country's leading investment expertise.

Competitive fees

We’re proud to be a profit-for-member fund.

We don’t charge exit fees, pay adviser commissions or shareholder dividends.

And we’re one of the lowest cost super funds in Australia — giving you value for money, right where it matters most.

Attend one of our seminars, listen to a podcast or watch one of our on-demand webcasts online – we’ve got the tools to help you simplify even the most complex aspects of super.

We’re also on-campus, bringing our services to where you need them.

You can stay with us for life

Now that you’re in, you can stay with us as long as you like. When you joined UniSuper, you entered a partnership that can continue for life.

You have access to more than just our super products – we’re here to support you throughout your working life and beyond, with super and retirement options to suit your needs.

We’re a responsible investor

We are an active owner and also seek to consider environmental, social and governance (ESG) factors as part of our investment decision making process.

In addition to this, we provide for member choice and offer dedicated sustainable and environmental options which screen out a range of contentious sectors and seek to invest in companies that rate well from a sustainability perspective or address global environmental challenges.

Advice and support, when and where you need it

If super isn’t your forte, you can rest assured knowing it’s ours.

From simple information and tools, through to guidance and comprehensive personal advice on your super—we can help you make the most of your money through our education and advice services.

Like what you see? Your family can join UniSuper too

Until recently, UniSuper was only open to people working in higher education or research….. but now there’s Personal Accounts.

Personal Accounts is an accumulation-style super product, which means your super balance grows through contributions and investment returns. You decide how you want to invest your super by choosing from our range of investment options. A suite of insurance options are also available to eligible members. Once you’ve read the product disclosure statement, our online application takes just 10 minutes to complete and you don’t need to make an initial contribution.

Find out more at unisuper.com.au/join.

* Past performance is not an indicator of future performance.

CONTACT US 1800 331 685 +61 3 8831 7901

WEBSITE unisuper.com.au

EMAIL enquiry@unisuper.com.au

FAX 1300 224 037 +61 3 8831 6141

UNISUPER ADVICE 1800 823 842 +61 3 8831 7916

ADDRESS UniSuper Level 1, 385 Bourke Street Melbourne Vic 3000 Australia

UNIS000012 1018

Printed on environmentally responsible paper.

Prepared by: UniSuper Management Pty Ltd (ABN 91 006 961 799), AFSL No. 235907 on behalf of UniSuper Limited, ABN 54 006 027 121 , AFSL No. 492806, MySuper Authorisation No 91385943850448 the Trustee of UniSuper, Level 1, 385 Bourke St, Melbourne Vic 3000. UniSuper Management Pty Ltd is the Administrator of the Fund and is licensed to provide financial advice. This information is correct as at 1 October 2018 and is of a general nature. The information contained in this brochure is of a general nature and may include general advice. It has been prepared without taking into account your individual objectives, financial situation or needs. Before making decisions in relation to your UniSuper membership, consider your personal circumstances, the relevant product disclosure statement (PDS) for your membership category and whether to consult a licensed financial adviser. For a copy of the PDS for your membership category call 1800 331 685 or go to unisuper.com.au.