The purpose for which Australian Retirement Trust Pty Ltd (ABN 88 010 720 840 AFSL No. 228975) as trustee for the Australian Retirement Trust (ABN 60 905 115 063) is collecting information with this membership application is to provide superannuation benefits and related services for you. This includes processing your application, managing your participation in the Australian Retirement Trust and ensuring you receive your entitlements. If the information requested is not provided, Australian Retirement Trust may be unable to properly administer your benefits and notify you about your entitlements. Australian Retirement Trust will normally only use the information you provide on this application for these purposes.
Australian Retirement Trust will also use this information to notify you about the Australian Retirement Trust Super Savings Accumulation account product and other products. Australian Retirement Trust does not normally disclose information about members to parties outside the Australian Retirement Trust group, except parties contracted to provide services to Australian Retirement Trust. This includes but is not limited to the Fund’s administration service providers, insurers, auditors and legal advisers.
Providing your tax file number (TFN)
Under the Superannuation Industry (Supervision) Act 1993, your superannuation fund is authorised to collect, use and disclose your tax file number.
The trustee of your superannuation fund may disclose your tax file number to another superannuation provider, when your benefits are being transferred, unless you request the trustee of your superannuation fund in writing that your tax file number not be disclosed to any other superannuation provider.
Declining to quote your tax file number to the trustee of your superannuation fund is not an offence. However giving your tax file number to your superannuation fund will have the following advantages:
- your superannuation fund will be able to accept all permitted types of contributions to your account/s;
- other than the tax that may ordinarily apply, you will not pay more tax than you need to - this affects both contributions to your superannuation and benefit payments when you start drawing down your superannuation benefits; and
- it will make it much easier to find different superannuation accounts in your name so that you receive all your superannuation benefits when you retire.
Target Market Determinations
Australian Retirement Trust's Target Market Determinations which describe the target market for Australian Retirement Trust products are available on our website.