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.

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.

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.

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

Pre-mixed options
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.
A diversified investment option with a substantial weighting towards those assets which will potentially produce superior returns over the longer term.
An investment option split evenly between assets which provide the prospect for capital growth and assets which display defensive characteristics.
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.
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
Predominantly invested in companies listed on the Australian Stock Exchange.
Predominantly invested in companies listed on major international stock exchanges.
Predominantly invested in unlisted infrastructure assets, strategically blended with listed infrastructure securities in Australia but with some international exposure.
Predominantly invested in Australian property but with some international exposure. The listed property investments can be subject to equity-like returns and risk.
An investment in cash and fixed interest investments, which include securities issued by both Australian and International governments and corporations.
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%)

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.

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.

If you die while there is money in your account, this money will be paid out to your spouse (legal or de facto), dependants or estate. The money to be paid out could include a substantial insurance benefit. Our fact sheet Nominate your beneficiaries has more information about making your nomination/s.

You have the option of:

  1. making a non-binding benefit nomination by completing this section below or
  2. 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.

Total allocation (must be exactly 100%)


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