Dive in to FirstChoice - Colonial First State

Dive in
to FirstChoice Employer Super
and find out why FirstChoice Employer Super
may be the right choice for you
Member

Your super fund for life …
As a member of FirstChoice Employer Super (FirstChoice), you now have
an award-winning super fund that you can take with you from job to job.
So regardless of where your career takes you, you can remain a member
of FirstChoice. This means:
••
Competitive fees and costs continue at FirstChoice levels –
FirstChoice is competitively priced offering you value for money.
••
Insurance at wholesale rates – by staying in the plan, you retain access to
wholesale (group) rates on insurance, meaning premiums remain competitive.
••
No transaction costs – because your super doesn’t need to move,
there are no costs associated with transferring it, saving you money.
We’ll send you a super fund nomination form to give to your new employer,
complete with your existing account details. That means no more multiple
super accounts, because you can keep it all in one place.
2 FirstChoice Employer Super

What is FirstChoice
FirstChoice makes investing easy, providing over 300,000 members 2 with
access to some of the best performing investment managers in Australia,
from well-known investment managers to specialist boutiques.
But don’t just take our word for it – FirstChoice has received ‘5 Apples’ rating
from independent super ratings agency, Chant West, every year from 2004
to 2013.
It has also achieved awards of 5 Quality Stars for small and medium plans
2010 –14 from The Heron Partnership.
And because your employer has chosen FirstChoice, you can become
a member of this award-winning corporate super product.
FirstChoice Employer Super has been awarded the ratings from independent super ratings agencies,
Chant West 2013 and The Heron Partnership 2013/14.
For further information about the ratings methodology used by Chant West, see www.chantwest.com.au
2 As at May 2014.
Welcome 3

Why make FirstChoice your choice
••
Great choice – we give you access to a range of investment options,
managed by well-known investment managers and specialist boutiques.
••
Value for money – we offer competitive fees and value for money.
••
Comprehensive insurance – you will receive the default level of Death
and Total & Permanent Disablement (TPD) cover without needing to provide
medical evidence. And because you’re part of a group plan, you’ll have
access to lower wholesale rates. You can also apply for more insurance
to meet your needs.
••
Great service and support – whether you want to speak to a real person
or go online, with FirstChoice, you can manage your super how you like.
4 FirstChoice Employer Super

Becoming a member is easy
Want to take advantage of all the benefits of FirstChoice Because your
employer has chosen FirstChoice as their default super fund, you can
automatically access a range of great features.
Unless you say otherwise, your employer may shortly start to make
your regular super contributions into your FirstChoice account. As soon
as we receive the first contribution, we’ll send you a welcome kit. In it,
you’ll find more information, including how to change your investment
options, increase your insurance level and access great discounts online.
In the meantime, if you want to find out more, speak to your employer or
financial adviser, visit colonialfirststate.com.au or call us on 1300 654 666.
Note: if you are covered by an award agreement, you’ll need to let your employer know that you’d like your
super paid into FirstChoice.
Welcome 5

Investing in FirstChoice
What kind of investor are you Are you the type of person who never gives their
super a second thought Or are you someone with your own investment strategy,
who wants to be able to keep track of their performance and change where your
super is invested depending on the market and your comfort level of risk
Well no matter what type of investor you are, FirstChoice can help you to achieve
your retirement goals.
I don’t want to think about my super at this stage
If this is you, then with FirstChoice, you won’t have to. For most members,
unless you tell us otherwise, your super contributions will be invested
in FirstChoice Lifestage, a smart investment option designed to automatically
adjust as you get older.
When you invest in FirstChoice Lifestage, the investment mix you’ll receive
is designed for people born within the same five year age band as you.
Our investment specialists tailor your investment to suit your life stage.
This ensures your money is invested appropriately based on your age
and the amount of time until you retire.
Of course you still need to consider whether this investment option is
right for you and may wish to talk to a financial adviser before making
an investment decision.
6 FirstChoice Employer Super

I want to manage my risk allocation
If you want to take a more hands on approach to your
super, you can choose from the FirstChoice Select range
of investment options. This includes a range of options
that invest across all asset classes and combine a
number of investment managers. Or you can select a
multi-manager, single-sector option, which combines a
number of investment managers within a single asset
class, like Australian shares.
The choice you need – now and in the future
At the moment your super may be the last thing on your
mind, but sometime in the future, you may decide that you
want to put more thought into how your super is invested.
With FirstChoice, you won’t have to change super funds
just because you want to invest differently. You can also
change the way your super is invested at any time. 3
I know exactly how I
want to invest my super
Of course we can give you access to some of the biggest
fund managers, but we know good things come in small
packages, so we can also provide access to specialist
boutique fund managers.
With all that choice, you can tailor your own portfolio,
and invest in any number of options. It’s no wonder
we call it FirstChoice.
3 If your request is received before 3pm it is generally processed effectively on that day.
Welcome 7

FirstChoice has you covered
FirstChoice offers a comprehensive range of insurance
at competitive group rates. Your employer may choose a
level of cover for you that you may receive automatically.
FirstChoice Employer Super is a MySuper compliant
product, which means you will automatically receive a
default level of insurance cover for both Death and Total
& Permanent Disablement (TPD).
If you decide that you want more, you can apply to increase
your cover at any time. 4
We also offer Salary Continuance insurance with a choice
of having benefits paid for two or five years or until age
65, with a wide range of waiting periods.
Please refer to the Product Disclosure Statement for
more information.
Education and tools for you
Super is one of the most important investments you will
ever make so it’s important you understand where your
super is invested and how it is performing.
By giving you access to the education tools and support
you need, you can make the most of your super and
achieve your goals.
With FirstChoice, you are informed and educated about
where your money is invested, from day one.
4 Underwriting conditions apply to the additional amount of cover which means you may be
requested to provide evidence of health.
8 FirstChoice Employer Super

All employees receive
••
Welcome Kit: outlines where your super is being
contributed, your insurance details and other
information about FirstChoice (including a Product
Disclosure Statement on CD). Other information
includes how you can tailor your employer super
account to suit your personal circumstances,
including changing investment options and the
amount of insurance cover you have.
••
Half‐yearly statements.
••
Investor magazine: iQ discusses the trends in investing,
fund performance, updates on your investments and
market commentaries from our experts.
••
Online account access: you can view your balance,
recent transactions, unit prices, investment
performance and insurance details. You can also
carry out a range of transactions, including switching
investment options, making additional personal
contributions and changing personal details.
••
Exclusive benefits: access to great savings on private
health insurance through Bupa as well as discounts
off big brands such as Hertz, Ultratune and Hoyts.
••
Access to financial advice: we recognise the importance
of financial advice and most of our plans have a financial
adviser associated with them. If your plan does not
have an adviser and you want to obtain financial advice,
we can help you to locate an adviser in your local area.
Additional services and tools
••
Super Sorter: find and consolidate your super with
our Super Sorter tool. You can find the tool under
the transacting menu on FirstNet Investor.
••
Super Concierge: our complimentary service can
help you bring your super together.
••
Online tools: a suite of useful tools – such as a budget
planner and a How much super is enough calculator,
all available online at colonialfirststate.com.au.
••
Insights in 60 seconds: MasterClass videos help
explore investment concepts and principles to expand
knowledge and understanding.
Welcome 9

FirstBenefits
– rewards for you
As a member of FirstChoice you can access savings offered by big brands
through FirstBenefits, our exclusive member discount program.
These discounts include:
••
great savings on private health insurance through Bupa
••
5% off international travel packages and great deals on Australian hotels
and accommodation
••
discount movie tickets ordered online, special deals on entertainment and
a booking service to secure your seats
••
red hot deals – up to 70% off a range of items.
To access these benefits, log on to our secure website, FirstNet, and click on
the FirstBenefits logo. Once you’ve made your selection you have two options:
1 Pay using your credit card on the secure website.
2 Order and pay over the phone by calling FirstBenefits on 1300 655 360,
Monday to Friday, 9am to 5pm, Sydney time.
Your order will then be delivered to your chosen address.
10 FirstChoice Employer Super

A healthier offer for
FirstChoice members
Bupa provides competitive corporate rates on health
insurance cover that allows you to save over 11%
in your first year of membership with Bupa.
••
Join and get six weeks free. After your first payment
you’ll receive six weeks cover for free when taking
out hospital and extras cover as a new Bupa member.
••
Gap free dental and physio for kids. Bupa will cover the
cost of your children’s general dental and physiotherapy
at Members First providers until they turn 25.
••
Gap free same day treatment. You won’t experience
out-of-pocket medical or hospital expenses for same
day treatments at Members First facilities.
Compare your current cover
If you currently have health cover, and you switch
to an equivalent level of cover with Bupa, you won’t
have to repeat your waiting periods for services you
were previously covered for.
To find out more click on the Bupa logo from the
FirstBenefits site and enter
username: firstbenefits password: health
Alternatively, contact 134 135 or visit your local
Bupa centre and quote ID 2082828.
Bupa FirstBenefits Corporate Health Plan is available to FirstChoice Employer Super members. Six weeks
free is available to new Bupa customers who join the plan on hospital and extras cover, conditions apply.
Welcome 11

To find out more about FirstChoice Employer Super
Website: colonialfirststate.com.au/employersuper
Phone: 1300 654 666
Email: employer@colonialfirststate.com.au
The Chant West ratings logo is a trademark of Chant West Pty Limited and used under licence.
This booklet provides general advice and information only. It does not take into account the individual objectives, financial situation or needs of any particular employer or
employee. Investments in FirstChoice Employer Super are issued from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557 by Colonial First State
Investments Limited ABN 98 002 348 352, AFS Licence 232468 (Colonial First State). This booklet is a guide to some of the major features of FirstChoice Employer Super and
is not intended to be a substitute for the Product Disclosure Statement (PDS). A PDS is available from our website colonialfirststate.com.au or by calling 1300 654 666. You
should read the PDS and consider whether the information is appropriate for you and consider talking to a financial adviser before making a decision. 20345B/FS2805/0514