Accumulation account application form

Before applying to open an NGS Accumulation account, make sure you read the current Product Disclosure Statement. You can also view our Target Market Determinations.

To become a member, simply complete and submit the form below. Once done, we’ll send you a confirmation email and you’ll receive your member details in the mail shortly after. If you have any questions about this form, please contact our Helpline on 1300 133 177.

To open an NGS Transition to retirement (TTR) account or NGS Income account, please complete the relevant application form available in the Transition to retirement guide or Income account guide

Note: once your account is established, you can change your contact preferences at any time through Member Online.

Personal details

Residential address ^*

Is postal address same as residential address? ^*

Yes No

Postal Address

Postal Address ^*

Tax file number

Your tax file number (TFN) is confidential and you don’t have to provide it to us. It is not an offence to not quote your TFN, however, you may pay more tax than you have to if you don’t supply it and you won’t be able to make personal contributions to your super.

With your consent, NGS Super will use your TFN to search for any other super in your name. Once your account is established, you can choose to consolidate your super through Member Online.

More information

Note: The trustee is required by law to ask for your tax file number (TFN). By providing your TFN, you’re allowing the trustee to use it to:

find or identify your super when there’s no other way
work out any tax payable
pass your TFN to the tax office when you receive your super payout or have unclaimed super money after reaching pension age
pass your TFN to any other super fund or account to which your super is transferred in the future, unless you tell the trustee in writing not to do so
report details of contributions to the tax office for working out whether any tax is applicable if contributions for you exceed certain limits
where required by law, pass your TFN to other government agencies.

If you don’t provide your TFN, now or later:

you may pay more tax on contributions made by your employer and certain other contributions made by or for you. In some circumstances, you may be able to claim this back, however time limits and other rules may apply
the trustee will only be able to accept contributions made for you by your employer. No other contributions, for example, after-tax contributions, can be accepted
you may pay more tax on your super benefit than you would otherwise (although you can claim this back when you lodge your tax return)
it may be more difficult to find your super in the future if you change your address without notifying the trustee or if you rollover any other super accounts you may have.

The legal purposes for which the trustee can use your TFN and the consequences for not quoting your TFN may change in the future.

Do you agree to provide your tax file number (TFN)? ^*

Yes No

TFN ^*

I give NGS Super my authority to use my Tax File Number to search for any other super in my name.

I do not give NGS Super my authority to use my Tax File Number to search for any other super in my name.

Employer details

Please tick the box that applies to you: ^*

Yes - my current employer will make contributions to NGS Super on my behalf.

No - my current employer will not make contributions to NGS Super on my behalf.

If no, you are joining as a personal member. As a personal member, you are not eligible for Default Cover until employer contributions are paid into your NGS Accumulation account. You can apply for cover by logging into Member Online (once your account is set up) or by completing an Insurance - Increase cover form.

Full name of employer (optional)

Employer address (optional)

Work telephone number (optional)

Employer's NGS Super number (optional)

Your occupation (optional)

Select your investment options

You can choose one or more investment options

If you don't make a selection you'll automatically be invested in the default investment option which is the Diversified (MySuper) option.

Diversified (MySuper) option

All my contributions are to be invested in the Diversified (MySuper) option.

Nominate investments

I will specify what percentage of my contributions are to be invested in each option.

Distribute your investment

For more detail, click on the relevant investment option below or read the Investment guide.

Pre-mixed options

Diversified (MySuper) — default investment option

This option has a higher weighting to investments in assets with the potential for medium to long-term growth such as shares, infrastructure and property.

High Growth

A diversified investment option with a substantial weighting towards those assets which will potentially produce superior returns over the longer term.

Balanced

An investment option split evenly between assets which provide the prospect for capital growth and assets which display defensive characteristics.

Defensive

A relatively conservative investment option with a higher weighting towards the more defensive types of assets such as cash, fixed interest, defensive alternative funds and direct property.

Indexed Growth

Includes asset classes where a broad market index is available and investable. The option will aim to provide exposure to these asset classes through the use of passive indexing strategies.

Sector-specific options

Australian Shares

Predominantly invested in companies listed on the Australian Stock Exchange.

International Shares

Predominantly invested in companies listed on major international stock exchanges.

Infrastructure

Predominantly invested in unlisted infrastructure assets, strategically blended with listed infrastructure securities in Australia but with some international exposure.

Property

Predominantly invested in Australian property but with some international exposure. The listed property investments can be subject to equity-like returns and risk.

Diversified Bonds

An investment in cash and fixed interest investments, which include securities issued by both Australian and International governments and corporations.

Cash and Term Deposits

An investment in bank term deposits and at call cash accounts. The aim is to provide a high level of security of the capital value of your investment.

Total allocation (must be exactly 100%)

0%

Insurance category

No employer contributions will be paid to your NGS Super Accumulation account.

You will not be automatically provided with Default Cover insurance as an NGS Super member.

You can apply for cover by logging into your secure Member Online account (after you complete the application process and receive your membership number) or by completing an Insurance Variation Increase Cover form.

Your application will be subject to acceptance by the insurer.

Insurance category

When you join, Default Cover will start automatically, once:

your account balance has reached at least $6,000 and
you are aged at least 25 years.

Default Cover will commence on receipt of your next employer contribution.

Please answer the following questions to determine which insurance category applies to you:

More information

Eligible members will automatically receive Default Cover¹ for:

Life insurance through to age 75 if joining NGS Super prior to age 70
Income Protection if under age 67 and
Total and Permanent Disablement (TPD) cover if under age 65.

The Default Cover is initially based on your employer’s insurance category of either NGS Plus or NGS General. Your sum insured amount is based on your age.

¹ Eligibility for Default Cover is subject to the terms and conditions in the Insurance Policy. Further details can be found in the Insurance guide.

If you are already an existing member of NGS Super, you will not be eligible for Default Cover if:

you currently have an existing NGS Accumulation account (i.e. you are opening a second Accumulation account) or
your Accumulation account is established due to a transfer of funds from an existing NGS Income account or NGS Transition to retirement account (regardless of whether you will have an employer that will commence making contributions to NGS Super on your behalf).

You can apply for cover by logging into your secure Member Online account or by completing an Insurance - Increase Cover form.

To assist in allocating the correct insurance category for you, please answer the following questions.

Are you employed by either:
- a school, a kindergarten, a P&C Association, or other body which provides education as its primary function or
- a credit union, bank or other employer in the finance sector? ^*

Yes No

Are the duties of your occupation limited to professional, managerial, teaching, administrative, clerical, secretarial or similar ‘white collar’ tasks which do not involve manual work and are undertaken entirely (or at least 80%) within an office environment or classroom (excluding workshops)? ^*

Yes No

Is your annual salary over $100,000? ^*

Yes No

Your beneficiary

If you die while there is money in your account, this money will be paid out to your spouse, dependants or estate.

You have the option of:

making a non-binding benefit nomination by completing this section below or
making a binding nomination (lapsing or non-lapsing) by completing a Death benefit nomination form and sending it to us.

If you make a valid binding nomination, the trustee has no discretion to decide who is to receive your death benefit and it must be paid to your nominated beneficiaries.

If you do not make a valid binding death benefit nomination, the trustee will determine to which of your dependants and/or your estate the benefit will be paid.

Your nomination of beneficiaries, however, will be taken into account if we hold a completed form when we make our determination.

For more details, refer to our fact sheet Nominate your beneficiaries.

Please select one option ^*

Non-binding nomination I do not wish to complete my nomination of beneficiary at this time

Nominating certain family members
Your parents and your brothers or sisters can only be validly nominated as beneficiaries if they are dependants — that is, if they are financially dependent on you or if you are in an interdependent relationship.

If your family members are not dependants and there are no other people who are dependent on you, you should select ‘My estate’. You can provide instructions in your will for how you would like your super money to be paid in the event of your death.

Choose your beneficiary ^*

My estate

true

Nominate my dependant/s

false

Percentage of Benefit ^*

Dependant1

Date of Birth ^*

Relationship ^*

Spouse Child Financial Dependant Interdependency Relationship

Dependant2

Date of Birth ^*

Relationship ^*

Spouse Child Financial Dependant Interdependency Relationship

Dependant3

Date of Birth ^*

Relationship ^*

Spouse Child Financial Dependant Interdependency Relationship

Dependant4

Date of Birth ^*

Relationship ^*

Spouse Child Financial Dependant Interdependency Relationship

Add another dependant

Total allocation (must be exactly 100%)

0%

Declaration

By applying for membership of NGS Super I:

declare that

I have read and understood the Product Disclosure Statement and
all the information I have provided is true and correct

acknowledge that

I have received all the information I require to exercise the choices I have made
I will be bound by the provisions of NGS Super’s trust deed and rules
as I’ve provided my email address in this application form the trustee may, at its discretion, use that email address to send information, including any annual reports, member and exit statements and notices of any material changes or the occurrence of significant events, by electronic means
if I would prefer to receive notifications by post, I can change my communication preferences in Member Online or by contacting NGS Super and
I have been informed where to find the Target Market Determination

consent to

my personal information being collected, disclosed and used as described in the Privacy Collection Statement.

Accumulation account application form

More information

Diversified (MySuper) option

Nominate investments

Pre-mixed options

Sector-specific options

More information

Dependant1

Dependant2

Dependant3

Dependant4

Declaration

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