Accessible version - Diagram in question 9 under trustee directed products
This page is part of the Your Future, Your Super Frequently Asked Questions and it contains the accessible version of the diagram embedded in question 9 under the trustee directed products section.
Question 1: Does the trustee or a connected entityof the trustee set the SAA or manage the investments of the investment option?
| If the answer to question 1 is Yes - read content below | If the answer to question 1 is No - read content below | |
Question 2: Does the investment option only invest in life polices that can not be reduced by negative returns or any reduction in value of assets, or the benefit is based only on the realisation of a risk? and/or Is an investment account contract with beneficiaries only being the member and relatives and dependants of the member? | If the answer to question 2 is Yes - read content on the right | The investment option is not a TDP |
| If the answer to question 2 is No - read content below | ||
Question 3: Are the members within the investment option defined benefit members? | If the answer to question 3 is Yes - read content below | The investment option is not a TDP |
| If the answer to question 3 is No - read content below | ||
Question 4: Does the investment option have a strategic asset allocation to only one covered asset class?* | If the answer to question 4 is Yes - read content on the right | The investment option is not a TDP |
| If the answer to question 4 is No - read content below | ||
Question 5: Does the investment option have strategic asset allocations to only two covered asset classes and one of the allocations does not exceed 10%? | If the answer to question 5 is Yes - read content on the right | The investment option is not a TDP |
| If the answer to question 5 is No - read content below | ||
Question 6: Can a member direct the trustee to alter the amount invested into a particular covered asset class? | If the answer to question 6 is Yes - read content on the right | The investment option is not a TDP |
| If the answer to question 6 is No - read content below | ||
Question 7: Are all of the members holding the investment option receiving an income stream that is in the retirement phase? | If the answer to question 7 is Yes - read content on the right | The investment option is not a TDP |
| If the answer to question 7 is No - read content below | ||
The investment option is a TDP |
*New 9AB.2(2)(4A): " Despite subregulation (4), for the purposes of subparagraph (2)(b)(i), treat the covered asset classes for a quarter listed in each of the following paragraphs as each being one covered asset class for the quarter:
(a) the covered asset classes identified in items 2, 3, 4, 5, 6 and 7 of the table in regulation 9AB.17;
(b) the covered asset classes identified in items 16, 17 and 18 of that table;
(c) the covered asset classes identified in items 19, 20 and 21 of that table;
(d) the covered asset classes identified in items 24, 25 and 26 of that table"