Examples of MySuper Member in a sentence
The FEM can be used for further system optimization and upgrades.
A MySuper Member or a Virgin Money MySuper Member may choose a different Portfolio at any time for all or part of their Account Balance as set out in Rule 6.
Subject to the specific requirements of the Act in respect of any MySuper Member, costs of management, administration and other similar costs whether incurred by the Trustee or for services relating to the Fund including those described in Clauses 13, 14 and 39 will be met out of the Fund and/or if applicable, via deduction from Member Accounts (as defined in the Rules) in any manner provided for in the Rules.
Publication of information 21A.9 The Trustee must publish on its website information about the MySuper product as required by the Relevant Law.Transfer of Accrued Default Amounts 21A.10 Unless the MySuper Member directs the Trustee in writing not to do so, the Trustee must attribute to the MySuper Member’s MySuper product any Accrued Default Amount held in the Fund for the MySuper Member within the period required by the SIS Act.
A MySuper Member may choose a different Portfolio at any time for all or part of their Account Balance as set out in Rule 6.
FEESF5.4 Any MySuper Member who makes an election pursuant to rule F5.3: must make the election in relation to both the Permanent Incapacity benefit and the Death benefit; or must make the election in relation to the Death benefit if the Member makes the election in relation to the Permanent Incapacity benefit.For the avoidance of doubt, a My Super Member may not elect to receive a Permanent Incapacity benefit only.
This investment strategy may include a strategy which varies based on the age of the MySuper Member (or any other factors which the Relevant Law permits) (Lifecycle Strategy).
MySuper Member means a Member who holds a MySuper product in respect of all or part of their interest in the Fund.
INSURANCEF5.1 The Trustee has insurance arrangements for Schedule F Members that comply with Superannuation Law, in relation to the provision of Death benefits, Permanent Incapacity benefits and Temporary Incapacity benefits.F5.2 The Trustee will endeavour to provide insured benefits in the event of the death or Permanent Incapacity of a MySuper Member, in accordance with section 68AA of the SIS Act.
For the avoidance of doubt, where all or part of the administration fee is charged to each MySuper Member as a percentage of so much of the Member’s account balance that relates to the MySuper product, that fee may be capped at a specified amount, as permitted by Superannuation Law.