If Protecting Your Super impacts me, what do I need to do?

Inactive Low-Balance Accounts (ILBA)

To prevent your account from being rolled out to the ATO, you are required to make a financial change on your superannuation account. This could be one of the following:

• Making a contribution or having your employer contribute to your account,
• Amend your insurance cover,
• Making an investment option switch,
• Nominating a Binding Beneficiary to your account, or
• Combining your super accounts so your balance is $6,000 or more. You will need to do action one of the above once every 15 months to ensure that your account is not considered inactive.

You can also provide us witha written notice electing not to be a member of an inactive low-balance account. The easiest way to do this is via ouronline form.

If you have any issues with the online form, you can also reach out to us via email toinfo@futuresuper.com.au.

Fee limit on low-balance accounts

Administration and investment fees charged cannot exceed 3% of the balances of accounts with less than $6,000.

If your account balance is less than $6,000 at the end of the financial year, any amount charged in excess of the 3% cap will be refunded.

Please note that the following fees are not included in the fee cap:

• buy/sell spreads
• insurance premiums, and
• other activity fees such as investment switches (if applicable) and family law fees.

To;?o learn more about our fees and how we apply them, please see our Product Disclosure Statement.

Insurance

To prevent your insurance cover being cancelled, you are required to make a financial change on your superannuation account.

This could be one of the following:

• Making a contribution or having your employer contribute to your account
• Combine your super accounts
• Elect to maintain your insurance

Making an election to keep insurance

You can make an election to keep your insurance cover by emailing us at info@futuresuper.com.au and specifying the following information:

1. Your full name, DOand member number (for verification purposes).
2. That you consent to maintain all your existing insurance cover in the event that your account becomes inactive for a continuous period of 16 months, notwithstanding that your account may become inactive again.

An election is enduring and only needs to be made once.

More information on insurance in super can be found here. If you want to know more about the insurance cover types specific to Future Super, please see the Insurance Guide.

If you want to make changes to your account so that this will not impact you, log into your online here or get in touch with our Member Advocacy team on 1300 658 422 or info@futuresuper.com.au

You can learn more about the rules around inactivity and how the Protecting Your Super laws may affect you on theATO website and theAPRA website.