This calculator is for educational purposes only. It is intended to illustrate the broad impact of consumer choices and is not a prediction of a your final superannuation benefit. It should not be relied on for the purposes of making a decision in relation to a financial product, including a decision in relation to a particular superannuation fund or strategy. The information provided is of a general nature only. It has been prepared without taking into account your particular financial needs, circumstances and objectives. You should assess you own financial situation and read the Product Disclosure Statement (PDS) relating to the products before making an investment decision based on this information You may wish to seek the help of a qualified financial adviser to do so. Please phone 1800 005 166 to request a copy of Tasplan's PDS.

Tasplan Calculator Assumptions:

• All amounts shown are expressed in present day values unless specified.
• The calculator assumes a continuous working life with no breaks.
• Any personal contributions are from after-tax salary.
• If personal contributions are paid, the government’s Co-Contribution has been included in the calculation if salary is within the prescribed thresholds
• Eligibility criteria apply to Co-contributions, please refer to www.ato.gov.au for further information. For the purposes of Co-contribution calculation, the salary figure entered is assumed to equal taxable salary plus reportable fringe benefits.
• Current Salary is the gross annual salary.
• Where a figure is entered as salary sacrifice, the Current Salary is not reduced by the same amount for calculating purposes. This means a benefit may be overstated where employer contributions are made on the basis of a reduced gross annual salary.
• Tasplan administration fees ($1.60 per week) and insurance premiums ($2.00 per week for 1 Unit of Death and Total and Permanent Death cover under the multi-industry policy) have been included in the calculation.
• Interest earnings applied are assumed to be net of tax , investment costs and expense recovery fees.
• Taxation of 15% has been applied to all employer contributions. The same amount of taxation has also been applied to salary sacrifice contributions.
• No tax has been applied to withdrawal benefits (Refer to the Tasplan Product Disclosure Statement for further Eligible Termination Payment tax details)
• Salary is assumed to increase in line with inflation.
• Contributions are assumed to be paid on an annual basis and received at the end of the financial year.
• Investment earnings are calculated and credited yearly,
• Projections are based on a whole number of years, assuming the current age has just been attained and that retirement takes place on attaining the stated retirement age.
• Employer Superannuation Guarantee contributions are set at 9% of the nominated salary, as specified by current Government legislation. ( You may specify a higher percentage )
• No provision has been made for the impact of the superannuation surcharge, which applies to those with an adjusted salary in excess of $99,710 for 2004- 2005.
• Inflation is set to a constant rate (2.5% p.a.)