Leaving BBI

Here is a checklist of items that you need to consider when you leave BBI.

CHECKLIST

 

Superannuation

  1. On leaving your current Company, Colonial First State will automatically transfer your FirstChoice Employer Super account to a Retained Benefit category of your Employer plan. FirstChoice will send you an information pack outlining your options.
  2. Please note that if you join another Company, you may find that your new employer has its own fund. You need to determine the level of Life Cover, TPD and Salary Continuance that is on offer. You may wish to take up cover with this new Superannuation Fund.
  3. In the event that you take out insurance with the new Superannuation Fund, you should consider cancelling your insurance with your existing fund to avoid paying premiums on both policies. We suggest that you seek professional financial advice before making any decisions. In this regard Horizon can assist you.

 

Please contact Horizon Wealth Management if you need

Phone Horizon Wealth Management on 02 9392 8700 or info@horizonwealth.com.au

 

 

General Advice Disclaimer

 

This document is not meant to replace or contradict the PDS (Product Disclosure Statement). You are advised to read the PDS should you wish to obtain the full meaning of any terms or benefits noted above.

This information was prepared by Horizon Wealth Management. It is of a general nature and does not take into account your personal investment objectives, financial situation or particular needs. You should assess whether this general advice is appropriate to your individual objectives, financial situation and needs. You can make this assessment yourself or seek the help of a professional financial advisor or taxation professional.