Asgard Clearing House Service

Updating the information in the Product Disclosure Statement

This Update, dated 1 July 2013, relates to the Asgard Clearing House Service Product Disclosure Statement (PDS) dated 24 January 2007. This Update is issued by BT Funds Management Limited ABN 63 002 916 458, AFSL 233724 (BTFM), the product issuer for the Asgard Clearing House Service. This Update should be read together with the latest edition of the PDS. Terms defined in the PDS have the same meaning in this Update.

The information in this Update does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it.

The information in the PDS is updated for the changes set out below:

Changes to the Trustee and Issuer of the PDS.Effective on and from 1 July 2013, Asgard Capital Management Ltd ABN 92 009 279 592 (ACML) retired as Trustee of the Service and BT Funds Management Limited (BTFM) was appointed as the new Trustee. ACML will continue to act as custodian and administrator for the Service.

Any reference in this PDS to Asgard as Trustee or Issuer should be disregarded, and replaced with BT Funds Management Limited.

On the back cover of the PDS, replace the second bullet in the list under the heading ‘In this PDS: with the following:• ‘We’, ‘Us’ and ‘our’ and ‘the

Trustee’ are references to BT Funds Management Limited

On the last page of the PDS, replace the section under the heading ‘Issued by’ with the following:• BT Funds Management Ltd

ABN 63 002 916 458, AFSL 233724, RSE License L0001090

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Clearing House ServiceIssue date: 24 January 2007

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Product Disclosure Statement (PDS)Issue date: 24 January 2007In this PDS:• ‘Account’ means the Asgard Employee Super

Account, a complying superannuation fund.• ‘We’, ‘us’ and ‘our’ and ‘the Trustee’ are

references to Asgard Capital Management Ltd• ‘You’ and ‘your’ are references the participating

employer in the Account applying to use our Clearing House Service through Employer Online Transact (EOL Transact), or as appropriate, the employees who complete the attached application form.

• ‘Service’ means our Clearing House Service.• References to our Clearing House

Service incorporates EOL Transact. Our Clearing House Service is accessed through EOL Transact.

• In this PDS ‘ Choice Fund’ means the superannuation fund nominated by your employee (a ‘choice employee’) to receive any superannuation contribution payments (‘choice payments’) that you may make on their behalf.

Who is this document for?Employers seeking to register for EOL Transact in order to use our Clearing House Service to facilitate superannuation payments for their employees.

Asgard Capital Management Ltd ABN 92 009 279 592 AFSL 240695 RSE Licence L0001946 Fund R1055580Level 38, Central Park, 152 St George’s Terrace, Perth WA 6000Telephone 08 9415 5688 Facsimile 08 9481 4834www.asgard.com.au

Available from financial advisers across Australia.

On the cover: As a Business Analyst in our Operations and IT Development Division, Judy works behind the scenes to ensure the efficiency of our business systems.

Product Disclosure Statement | 1

Updating the information in this PDSThe law requires that the information in this PDS must be up-to-date at the time it is given to you, except for any changes which may occur from time to time that are not materially adverse, provided we give you a means of finding out about these changes. You can do this by contacting us on 1800 005 740. You can also obtain a paper copy of the updated information free of charge by contacting the financial adviser for your Account or us.

What’s insideAsgard Clearing House Service3 Our Clearing House Service at a glance

5 About our Clearing House Service

7 Fees

9 Other Information

11 Direct Debit

13 Employer Online Transact Terms and Conditions

16 How to get started

Important informationAsgard Capital Management Ltd (Asgard) has prepared this PDS on 24 January 2007.

The provision of the information in this PDS should not be taken as the giving of investment advice by us, as it does not take into account your investment objectives, financial position and particular needs. No action should be taken on any information in this PDS without consideration of your particular financial circumstances and investment objectives. In deciding whether to use, or to continue to use our Clearing House Service, you should consider this PDS. In deciding whether to open or continue to participate in our Clearing House Service you should consider the PDS for our Clearing House Service issued by us.

SuperChoice Services Pty Limited ABN 78 109 509 739 have consented to their inclusion and reference in this PDS, with regards to the form and context in which they are included, and statements attributed to it and this consent has not been withdrawn before the date of this PDS.

Heath is a Management Accountant in the Finance department – one of our many support staff working to ensure that you receive the very best of service.

Product Disclosure Statement Our Clearing House Service at a glance | 3

Who can use our Clearing House Service? Employers in the Account who want a simple, secure and effective method of managing their employees super contributions online.

Benefits of using our Clearing House • Offers you an easy superannuation administration solution by removing the administrative burden of having to make super payments to multiple funds.

• It is easy to use.• It works with the majority of payroll systems.

Payment Methods You can make payments using the following methods;• Direct Debit• BPAY®

On receipt of these funds we will release the Choice payments to our Clearing House Service. Choice payments received by cheque will not be accepted and the cheque and any paperwork will be returned to you.

Fees and other Costs A fee may be payable for using our Clearing House Service. Please refer to the Fees section for more details.

Enquiries and Complaints We have procedures established for dealing with enquiries and complaints that meet the Australian Standards for Complaints handling. You can contact us by phone on 1800 005 740 or by email to business.super@asgardwealthsolutions.com.au or by writing to Asgard Business Super at PO Box 7490, Perth WA 6839.

® Registered to BPAY Pty Ltd ABN 69 079 137 518.

Our Clearing House Service at a glance

4 | Product Disclosure Statement Our Clearing House Service at a glance

What are the major benefits of using our Clearing House Service?Save time, money, and paperworkOur Clearing House Service delivers you online efficiency, saving you time and money associated with processing super payments. All information and payments are lodged electronically and these records are maintained for your reference, eliminating the need to retain records. Records are kept on EOL Transact for 4 years.

Fewer errorsOur Clearing House Service has checks in place, including automatic reconciliation. This means there will be fewer errors as our Clearing House Service ensures all necessary information is provided upfront, reducing the need for manual reconciliations.

Fast receipt of contributionsUsing our Clearing House Service, contributions are paid via Direct Debit or BPAY®, so contributions reach us quickly.

SecurityOur Clearing House Service is a secure system with dual password capability and 128 bit security encryption.

Two levels of access are available:

• Level 1 – access to change details on the system and authorise payment of contributions.

• Level 2 – access to change details on the system only (unable to authorise payments).

FlexibilitySuper payments can be made whenever it suits you – 24 hours a day, 7 days a week (subject to scheduled downtime).

SupportOur Business Super team is available on 1800 005 740 to answer questions, get you started and offer technical support. Once you’re registered with EOL Transact we’ll provide you with a step-by-step training guide (the ‘EOL User Guide’) to help you get started.

“ Our Clearing House Service delivers you online efficiency, saving you time and money associated with processing super payments.”

Product Disclosure Statement About our Clearing House Service | 5

Our Clearing House Service minimises your administration burden by allowing you to process contributions to multiple super funds for your employees. Through our Clearing House Service you can electronically transfer your employees’ Superannuation Guarantee (SG) contributions (and any other contribution type) to any complying super fund your employees nominate.

Our Clearing House Service is accessed through EOL Transact. EOL Transact is an online payment service for employers making and reporting on contributions on behalf of their employees.

In order to use our Clearing House Service, all you have to do is complete the EOL Transact registration form found at the back of this PDS.

Your use of the Clearing House Service is subject to the Terms and Conditions set out on pages 13 to 15 which may be varied by us from time to time.

How does our Clearing House Service work?Our Clearing House Service provides three processes:

1. Linking the nominated Choice Fund selection to the employer.

2. Linking an employee to their nominated Choice Fund selection.

3. Arranging for the online payment of super contributions and inputting contribution details to an employee’s Choice Fund.

For more details, please refer to the EOL Transact User Guide that we will supply to you with your User ID and login following the acceptance of your application.

Linking to a Choice FundOnce you have received a completed Choice of Fund form from an employee, you can initiate the process of linking the employee to their chosen Choice Fund.

Firstly, you will need to link the employee’s Choice Fund against your employer code on EOL Transact.

The majority of Choice Funds will allow you to link to them immediately, but some may take up to 5 working days. We will send you an email confirmation for any Choice Funds that do not link immediately.

The information that you may require from your employee who has made a Choice Fund election includes:

• the full name and contact details of the Choice Fund;

• the employee’s membership number in the Choice Fund (if applicable);

About our Clearing House Service

6 | Product Disclosure Statement About our Clearing House Service

• the ABN number of the Choice Fund (if applicable);

• the Superannuation Product Identification Number (SPIN) of the Choice Fund (if applicable); and

• information concerning the method of payment of superannuation contributions to the Choice Fund.

Once the linking of the Choice Fund process has been completed, you can then link your employee to their chosen fund.

For more details regarding the process of linking an employee, please refer to the EOL Transact User Guide that we will supply to you with your User ID and login following the acceptance of your application.

Paying super contributions in 3 stepsTo pay contributions to your employees’ Choice Fund you will need to follow these three steps.

Step 1 –Log on to EOL Transact.

Step 2 – Specify the amount of the contribution either by amending the eForm* or via payroll upload** and submit the information.

Step 3 – Authorise payment

• If using Direct Debit, the payment will come out of the nominated account the day following authorisation (see page 15 of this PDS for further information).

• If using BPAY®, you will be issued with a Biller Code and Customer Reference Number (CRN). The employer must then lodge payment via their BPAY® facility and quote these details.

No further action is required. We will match the payment with the contribution information sent to us via our Clearing House Service.

Other information about the Clearing House ServiceContributions to any complying superannuation fund that employees have nominated can be made through our Clearing House Service.

Our Clearing House Service stores all employees’ super choices and directs payments according to the choices recorded. Prior to disbursing the money, an automated complying fund check is carried out to ensure that employees’ choices of fund are recorded accurately.

Once you have authorised the payment (see Step 3 ‘Paying super contributions in 3 steps’), you can view the payment details at the time the authorisation is complete.

We have no control over the amount of time external funds take to process the contribution to the employees’ account.

When using our Clearing House Service to pay your employees’ SG payments, it’s important to allow sufficient processing time before the quarterly cut-off dates. Contributions processed via our Clearing House Service can take up to 10 working days before moneys have been received by any nominated Choice Fund.

If you do not allow for enough time for contributions to be processed, you may be in breach of your legislative obligations and could be liable to pay the superannuation guarantee charge.

The ATO defines contributions as being paid on the date it is received by the superannuation fund.

From time to time, delays may be experienced when transferring contributions via our Clearing House Service or in distributing payments to any nominated Choice Funds due to:

• the failure of the electronic payment system, mail delivery or industrial disputes;

• delays that may be experienced when using our Clearing House Service due to any scheduled system maintenance.

If the Choice Fund fails to process or accept payments that have been transferred by our Clearing House Service, these payments will be returned to us. We will then forward the returned payment back to the employer.

What are the risks of using EOL Transact?EOL Transact is an electronic clearing house which has similar risks to an electronic banking system. With electronic transaction systems you need to keep your login and password details secure to eliminate the possibility of unauthorised transactions. We will not be held responsible if unauthorised transactions occur.

We will act upon all instructions received through EOL Transact. You are responsible for supplying accurate data through EOL Transact. If information provided to us by you is incorrect, then incorrect amounts may be processed from your account.

If you notify us that incorrect data has been supplied to us, we will endeavour to rectify the error.

* eForm refers to direct entry method of transacting or data entry. ** Payroll Upload refers to the uploading of an employers payroll/superannuation file directly into EOL

Transact. Before you can use the Payroll Upload facility we must first set you up.

Product Disclosure Statement Fees | 7

We reserve the right to waive the application of the fees set out below in whole or in part, or increase or amend the fees, at our sole discretion.

Fee

If you’re an employer group using our Clearing House Service and have less than 50%* of your employees registered to make Choice payments.

No fee is charged for using our Clearing House Service.

If you’re an employer group using our Clearing House Service and have 50%* or more of your employees registered to make Choice payments.

A fee of up to $1.00 (plus GST) per contribution per member.

* The 50% calculation is based on the total number of your employees who are members of the Employer Fund.

If you’re an employer who has more than 50% of your employees registered for Choice, then for every contribution made to a Choice employee you may be charged a fee. You will be asked to pay the fee along with their contributions, dependant on their payment type – if Direct Debit then we will collect

the contribution and fee together, if BPAY® then you will be asked to forward sufficient funds to cover the contributions and fees.

Please note for BPAY® payment, if no Choice payment is forwarded then the Choice remittance and payments will not be sent out.

Fees

Nicola creates compelling visuals for our publications as a Graphic Designer within our Marketing team.

Product Disclosure Statement Other information | 9

Other information

Enquiries and ComplaintsWe have established procedures for dealing with enquiries and complaints that meet the Australian Standard for Complaints Handling.

If you have any enquiries or concerns about the operation or management of your Account, you can:

• call Asgard Business Super on 1800 005 740

• email business.super@asgardwealthsolutions.com.au

• write to Asgard Business Super, PO Box 7490, Perth WA 6839.

In addition, we are a member of the Financial Industry Complaints Service (FICS), an external complaints resolution service. If you have a complaint about your Account and we have not resolved it to your satisfaction, you may have the right to lodge a formal complaint with FICS. You can call FICS on 1800 335 405.

Service ProviderSuperChoice Services Pty Limited has been appointed by us to administer our Clearing House Service.

PrivacyPrivacy statement‘You’ and ‘your’ are references to the employer and employee(s) of the employer that is applying to use our Clearing House Service.

What is this statement about?Your right to privacy is important to us. This statement summarises your privacy rights and our rights and obligations in relation to your information. For more details you can view our Privacy Brochure at any time at www.asgard.com.au.

Your rights You need not give us any of the personal information requested in the Application or any other document or communication relating to your Account. However, without this

information, we may not be able to process your Application or provide you with an appropriate level of service.

You may request access at any time to personal information held by us about you and ask us to correct it if you believe it is incorrect or out of date. We do not charge a fee for an access request, but we may charge you our reasonable costs of processing your request.

How we may use your personal information Your personal information may be used to:

• maintain a register of names and addresses

• process your Application, including any application for insurance

• provide our Clearing House Service to you

• facilitate our internal business operations, including fulfilling legal requirements

• carry out confidential maintenance and testing of computer systems.

10 | Product Disclosure Statement Other information

Our right to disclose your personal information Your personal information may be disclosed in the following circumstances:

• On a confidential basis to our agents, contractors or third party service providers to enable them to provide financial, administrative or other services. For example, your personal information may be provided to any administrator engaged in connection with provision of our Clearing House Service.

• Where the law requires or permits us to do so.

• If you consent.

“ You may request access at any time to personal information held by us about you and ask us to correct it if you believe it is incorrect or out of date.”

Your authority to usAs a condition of us agreeing to provide our Clearing House Service to you, you authorise us to collect, maintain, and disclose your personal information in the manner set out in this Privacy Statement. You also declare you have the authority of the employer that you purport to represent.

Product Disclosure Statement Direct Debit | 11

Direct Debit

Direct Debit is a simple and secure method to forward your superannuation contribution payments.

Funds can only be drawn from the nominated account when the employer has:

• logged on to EOL Transact• entered employee contribution

details• submitted a file online to us.

We will not deduct funds from the nominated account without the online contribution instruction.

Please read the following Direct Debit Service Agreement before completing an application for EOL Transact.

Direct Debit Request Service AgreementAsgard Capital Management Ltd ABN 92 009 279 592 (‘we’ or ‘us’), User ID: 016103.

Level 38, Central Park, 152 St George’s Terrace, PERTH WA 6000.

You have entered or are about to enter into an arrangement under which you make payments to us. You want to make those payments by use of the Direct Debit System (DDS).

This agreement sets out the terms on which we accept and act under a Direct Debit Request (DDR) you give us to debit amounts from your account under the DDS. It is additional to the arrangement under which you make payments to us.

Please ensure you keep a copy of this agreement as it sets out certain rights you have against us and certain obligations you have to us due to giving us your DDR.

When we are bound by this agreement1. We agree to be bound by this

agreement when we receive your DDR complete with the particulars we need to draw an amount under it.

What we agree to and what we can do2. We only draw money out of your

account in accordance with the terms of your DDR.

3. We do not give you a statement of the amounts we draw under your DDR.

4. On giving you at least 14 days notice, we may: change our procedures in this agreement; change the terms of your DDR; or cancel your DDR.

12 | Product Disclosure Statement Direct Debit

5. You may ask us to: alter the terms of the DDR; defer a payment to be made under your DDR; stop a drawing under your DDR; or cancel your DDR by emailing: business.super@asgardwealthsolutions.com.au or writing to: Asgard Business Super, PO Box 7490 Cloisters Square PERTH WA 6850

6. You can dispute an amount we draw under your DDR by calling Asgard Business Super on 1800 005 740; or emailing: business.super@asgardwealthsolutions.com.au; or writing to: Asgard Business Super, PO Box 7490 Cloisters Square PERTH WA 6850

7. We deal with any disputes under Clause 6 of this agreement as follows. We and our bank review our respective records. If necessary we contact your financial institution to review its records. We advise you and your financial adviser in writing within 2 to 4 weeks, depending on the nature and extent of the dispute, and the measures taken to resolve it.

8. If the day on which you must make any payments to us is not a business day, we will draw on your account under your DDR on the first business day following that day.

9. If your financial institution rejects any of our attempts to draw an amount in accordance with your DDR, we contact you and your financial adviser in writing. After three consecutive rejections we advise you and your financial adviser in writing that you can no longer make payments by Direct Debit.

10. We will not disclose to any person any information you give us on your DDR, which is not generally available, unless: you dispute any amount we draw under your DDR and we need to disclose any information relating to your DDR or to any amount we draw under it to the financial institution at which your account is held or the financial institution which sponsors our use of the DDS or both of them; you consent to that disclosure; or we are required to disclose that information by law.

What you should consider11. Not all accounts held with a

financial institution are available to be drawn on under the DDS.

12. Before you complete your DDR, it is best to check account details against a recent statement from your financial institution to ensure the details on your DDR are completed correctly. If uncertain you should check with your financial institution before completing the DDR.

13. If you are uncertain about when an amount we draw under your DDR on a day which is not a business day will be processed, please enquire with your financial institution.

14. It is your responsibility to ensure there are sufficient cleared funds available in your account by the due date on which we draw any amount under your DDR, to enable us to obtain payment in accordance with your DDR.

15. We request you to direct all requests to stop or cancel your DDR to us or your financial institution and all enquiries relating to any dispute under Clause 6 of this agreement to us or your financial institution.

In using EOL Transact including our Clearing House Service (the ‘Service’), you acknowledge and agree:

1. We may charge a fee for the use of the Service. The amount of the fee, how it is calculated and the manner in which it is collected shall be determined by us. If at any time a fee is not being charged and we subsequently decide we want to charge a fee, we will give 30 calendar days notice to you of our intention to do so. Failure to pay a fee charged by us may result in us suspending or cancelling your access to the Service without notice.

2. You will receive a confidential Login Identification details and a Login Password that will permit access to the Service. You will not disclose your Login Identification details and a Login Password to any other party and acknowledge that access to your details will be provided to any person using your Login Identification details and a Login Password or complying with any other security procedures that may be instituted from time to time. Any action or request taken or given by the user of your Login Identification details and a Login Password will be deemed to have been taken or given by you and the request may be carried out. Any

action taken or request given by the user of the Login Identification details and a Login Password cannot be countermanded.

3. You will not attempt to: (a) access any details that do not

relate to you; or (b) lodge transaction instructions

that do not relate to your employees, and will notify us immediately if any such unauthorised access or lodgement occurs.

4. You will: (a) comply with any direction given

to you from time to time by us in relation to the use of the Service, and

(b) advise us as soon as possible if you become aware of:

(i) any error or omission contained in an instruction after transmission; or

(ii) any error or malfunction in or caused by the Service.

5. The Service permits you to make contributions on behalf of your employees by any payment facility permitted by us. It is your responsibility to ensure that there are sufficient clear funds in your

Employer Online Transact Terms and Conditions

Product Disclosure Statement Employer Online Transact Terms and Conditions | 13

14 | Product Disclosure Statement Employer Online Transact Terms and Conditions

nominated financial institution account which is the source of payments. You should regularly check your nominated financial institution account to ensure that contributions have been made in accordance with the transaction instructions submitted to the Trustee from time to time. We will provide you with a biller code and transaction number or other information as advised from time to time to facilitate payments through your nominated payment facility. Any arrangements between you and your financial institution or the Trustee, as the case requires, relating to your payment facility, are separate from and not governed by these terms and conditions, and we are not responsible for faults, errors or delays caused by your use of those arrangements. Any queries relating to your payment facility must be resolved in accordance with those arrangements.

6. You will receive a receipt for each transaction instruction submitted using the Service. The receipt is an acknowledgment by us only that the instruction has been successfully received by us, and not that we have processed the instruction.

7. You will: (a) comply with any Privacy Law: (i) by which you are bound; and (ii) by which we are bound and

of which we notify you, as if you were bound;

(b) use the Personal Information made available to you only for those purposes permitted by the Privacy Laws;

(c) restrict access to the Personal Information to employees who need access to it for the

purposes of clause 3(b) of this Agreement, unless we otherwise consent;

(d) not disclose any Personal Information to a third party without our consent, unless the third party is the individual to whom the Personal Information relates;

(e) deal with the Personal Information as directed by us where necessary to avoid a breach of the Privacy Laws by which we and you are bound;

(f) take all reasonable steps to ensure that the Personal Information is protected against misuse and loss, or unauthorised access, modification or disclosure;

(g) not do anything with the Personal Information that will cause us to breach any Privacy Law;

(h) notify us immediately if you become aware that a disclosure of Personal Information:

(i) has been made in breach of this clause or any Privacy Law; or

(ii) may be required by law.8. You will notify us in writing if you

want your access to the Service suspended or cancelled at any time.

9. Your use of the Service including these terms and conditions may be varied, suspended or cancelled by us at any time without notice.

10. Except to the extent required by law, we and our related companies make no representations or warranties, express or implied, that the Service is fault free or as to the continuity, accessibility, reliability or efficiency of the Service, or the suitability of the Service to your needs. The data and information

provided by the Service is based on information provided by you and except to the extent required by law, we and our related companies make no representations or warranties, express or implied, as to its accuracy, timeliness or completeness. You enter into this Agreement at your own risk and solely in reliance on your own judgement and not on the basis of any warranty or representation made by us or any related company.

11. Except to the extent required by law, we and our related companies will not be liable to you in contract, tort or otherwise (whether negligent or not), and you will not have any cause of action against or right to claim or recover from them for or concerning any loss or damage of any kind at all (including consequential loss or damage and including business interruption) caused directly or indirectly out of:

(a) the provision or use of, or inability to use the Service or any part of it;

(b) any inaccuracy, defect, unintended inclusion, malfunction, default, error, omission, loss, delay or breakdown in the Service or the transmission, reception, use or storage of transaction instructions;

(c) any suspension of the Service; (d) any delay in or failure to

lodge or execute instructions due to systems faults, communication failures or any other circumstance outside the reasonable control of us or our related companies;

(e) any delay in or failure to execute instructions arising

Product Disclosure Statement Employer Online Transact Terms and Conditions | 15

from us following our standard procedures in the usual course of business, including, without limitation, ensuring the instructions do not contravene any requirement of the Trustee or of Superannuation Law, and seeking clarification of instructions;

(f) any loss suffered by you or any third party arising directly or indirectly out of, or in connection with, your use of the Service (including but not limited to, the fault or negligence of the trustee relating to the use of, or maintenance of, the Service or otherwise);

(g) any error or omission made by you with respect to the use of the Service and the transmission of instructions;

(h) any refusal or rejection by an External Trustee of a Clearing House transaction; or

(i) any other act, matter, thing or condition beyond our reasonable control.

12. Except to the extent required by law, we are not liable for any delay or failure in the provision of the Service or any damage or loss consequential upon or occasioned thereby where the delay or failure is due to any cause beyond the reasonable control of us and our related companies.

13. You agree to indemnify us and/or our related companies from and against all loss, claims, costs and expenses (including legal expenses on a solicitor and own client basis) arising either directly or indirectly from a breach by you of these terms and conditions or your use of the Service. This indemnity is a continuing obligation and

continues after your use of the Service ends. It is not necessary for us to incur any expense or make payment before enforcing this indemnity.

14. These terms and conditions use terms defined earlier in this PDS and the following terms:

‘Clearing House’ means the facility provided by us to allow you to make electronic transfers of your employees’ superannuation contributions to any External Superannuation Trustee

‘External Superannuation Trustee’ means any superannuation trustee, other than us, and includes their agents and service providers.

‘Personal Information’ means information (including information or an opinion forming part of a database), whether true or not, and whether in a recorded material form or not, about an individual whose identity is apparent, or can reasonably be ascertained, from the information, which is made available to you through the Service.

‘Privacy Law’ means all legislation, principles, industry codes and policies relating to the collection, use, disclosure, storage or granting of access rights to Personal Information.

‘Superannuation Law’ means a requirement of any legislation governing the operation of superannuation funds and the superannuation guarantee charge, any regulations made under that legislation, and any administrative requirements made by a regulatory authority charged with the administration of Superannuation Law.

16 | Product Disclosure Statement How to get started

Complete the attached EOL Transact Registration form and return it to us. The Business Super team will send a welcome email with User IDs, a copy of the user guide, followed by an email containing passwords.

How to get started

For more information about how EOL Transact can relieve the burden of super administration, call us on 1800 005 740.

“ For more information about how EOL Transact can relieve the administration burden of super management, call us on 1800 005 740.”

As Head of IT Infrastructure within our IT and Operations Division, Peter works behind the scenes to ensure the efficiency of our business systems.

“ Complete the attached EOL Transact Registration form and return it to us.”

Asgard Employee Super Account – Employer Online Transact registration | 1 of 1

To obtain access to Asgard Employer Online – Transact and secure your User Name and Password Complete this form in BLOCK LETTERS and:• PostittoAsgard, PO Box 7490, Cloisters Square WA 6850Questions? Call us on 1800 005 740 or email eoltransact@asgard.com.au.Note: Privacy laws protect your privacy. Please read our Privacy Brochure for more information. A copy can be obtained from our website at www.asgard.com.au.

1. Account Details

Employer Name

111111111111111111111111111111111111ABN

11– 111– 111– 111Address

111111111111111111111111111111111111111111111111111111111111 State 111 Postcode 1111Phone: Business Mobile

11– 11111111111 1111 1111Contact name

111111111111111111111111111111111111Email

111111111111111111111111111111111111Asgard Employer Account number (eg 0123456-09-01)

11111111 - 09 - 01

2.PaymentMethod

Will you be using Bpay® or Direct Debit to forward your contributions to Asgard?

3 Direct Debit. Please complete Section 3, Direct Debit Request.

3 Bpay®. Section 3 is not required.Note: When making contributions using Direct Debit for ‘Choice’ payments, two separate payments will be made.

® Registered to Bpay Pty Ltd ABN 69 079 137 518

Asgard Employee Super AccountEmployer Online - Transact registration

Asgard Employee Super Account – Employer Online Transact registration | 2 of 2

3. Direct Debit Request

I/Wewillbeusingdirectdebittomakecontributionsformy/ouremployees.I/We agree to the terms of the ‘Direct debit request service agreement’ on pages 5 and 6 of this application booklet.I/WerequestAsgardCapitalManagementLtd,untilfurthernoticeinwriting,todebittomy/ouraccountdescribedinthissection,anyamountswhichAsgard,(UserIDnumber016103)maydebitorchargeme/usthroughthedirectdebitsystem.I/WeunderstandandacknowledgethatAsgardmaybypriorarrangementandadvicetome/us,varytheamountorfrequencyoffuture debits.Bank account detailsInsert details of account which is to be debitedBranch Name

111111111111111111111111111111111111Branch Address

111111111111111111111111111111111111111111111111111111111111 State 111 Postcode 1111Account name

111111111111111111111111111111111111BSB number Account number

111 - 1111111111111Note:1. Direct debiting is not available on the full range of accounts. If in doubt please refer to your financial institution.2. Please read the ‘Direct debit request service agreement’ in conjunction with this direct debit request.

4. Online Transaction Information

Name of payroll provider

111111111111111111111111111111111111There are two levels of authority:Level 1 – access to change details on the system and authorise payment of contributions.Level 2 – access to change details on the system only (unable to authorise payments).Please provide the names and authority level so we can issue them with separate User ID’s and passwords.Name Email address Authority level

1 Level 1 1 Level 2

1 Level 1 1 Level 2

1 Level 1 1 Level 2

1 Level 1 1 Level 2

Asgard Employee Superannuation Account – Employer Online Transact Account Amendment | 3 of 3

Trustee: BT Funds Management Limited ABN 63 002 916 458 RSE L0001090 AFSL 233724Custodian and Administrator: Asgard Capital Management Ltd ABN 92 009 279 592 AFSL 240695Contact Centre 1800 005 740PO Box 7490, Cloisters Square, WA 6850

5. Signature

I/We apply for access to Asgard Employer Online -Transact. I/We understand that the use of Asgard Employer Online - Transact is subject to our terms and conditions of use, which I/we will be asked to accept at the time I/we first logon. Further, the features may change at our discretion.IndividualsorPartnershipsSignHereSignatures Date

11|11|1111Signatures Date

11|11|1111CompaniesSignHereIf signing under Common Seal we confirm it was affixed in our presence.Director/Sole Director and Sole Secretary (delete as applicable)

Common Seal

Date

11|11|1111

Secretary/Director (delete as applicable)

Business Super 1800 005 740

Issued byAsgard Capital Management LtdABN 92 009 279 592AFSL 240695RSE Licence L0001946

CorrespondenceAsgard Business SuperPO Box 7490Perth WA 6850

APNEOT11206

Asgard Clearing House Service