Account Based Pension Disclaimer

Assumptions:

1. There is no entry fee.
2. There is no pension payment fee.
3. No tax has been applied to the pension payment.
4. There are no weekly membership fees.
5. An exit fee of $100 has been subtracted from the final payment.
6. The calculator initially uses an investment rate of 8.0% p.a. This is a standard rate currently recommended by ASIC (Australian Securities and Investment Commission) for use when calculating investment returns on a balanced style investment portfolio.
7. The Estimated Crediting Rate selected by you is used to calculate the Projected Retirement Balance.

Disclaimers:

1. The Projection indicates the minimum and maximum pensions available in the first year of retirement. The figures are based on assumptions and are for Illustration only. They are not intended to be a substitute for professional financial advice.
2. The projected Account Based pension profile is NOT GUARANTEED in any way. The actual performance of the fund will depend on future economic conditions, investment performance and future taxation.
3. The Trustee of the Account Based Pension Fund and its administrator specifically disclaim any liability for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with the access to or use of this calculator.
4. You should not make any decisions on the information contained herein, without first consulting your financial advisor.
5. The calculation has been prepared based on information supplied by you. Should any of the variables change in the future the projected net retirement balance will also change.
6. Apart from the variables supplied by you to complete this calculation the calculator does not take into account any other information that BUSS(Q) may have about you or your particular circumstances financial needs and objectives and therefore should not be acted on as investment advice.
7. The use of the calculator is not an application to join BUSS(Q). Before acting on any information from this calculator you should obtain a copy of the BUSS(Q) Product Disclosure Statement.