This document contains information on MLC MasterKey Business Super or MLC MasterKey Personal Super accounts, including investment menu, insurance guide and claims guide.
This document serves as a Product Disclosure Statement (PDS) for the MLC MasterKey Business Super superannuation product. It outlines the investment menu, including the MLC Super Fund, and explains how the super system works for Australian employees.
The text provides comprehensive information on fees and costs, such as administration fees and trustee levies, as well as details on insurance coverage and claims processes. It also covers tax implications and the benefits of consolidating super accounts.
It is a super account that is part of the Fund and gives access to a broad range of investment options, allowing you to customise your investment portfolio.
Your super will be invested in MLC MySuper.
Your super can be boosted with salary sacrifice contributions, personal after-tax contributions, spouse contributions, government co-contributions, and downsizer contributions, if eligible.
Administration fees have three components: a percentage administration fee, the Trustee Levy, and a fixed fee.