Annual Reports
Significant Event Notices
changes to fees
Equity Trustees Superannuation Limited, as Trustee for the Crescent Wealth Superannuation Fund (the Fund), has approved changes to the fees and costs for the Fund. The Fund promoter, Crescent Wealth Funds Management (Aust) Ltd, has negotiated reduced Investment costs for each investment option (see Indirect Cost Ratios below) with its new investment advisers, however, there will be an increase in the Account-keeping fee.
The Fund will implement the changes on 25 November 2018. The following table reflects the changes.
*This amount is an estimate and may vary from time to time.
Note: For definitions of the fees and costs in the table above and more information about other fees and costs that may apply (including advice fees for personal advice, insurance fees and the Family Law fee please refer to the Crescent Wealth Superannuation Fund.
Governing Documents
Register of Material Service Providers
UPDATED OCTOBER 2019
|
Service provider |
ABN |
Services/functions |
|
BFinance |
Company Number 395021 (Registered in England and Wales) |
Investment Management |
|
Crescent Wealth Funds Management (Aust) Limited |
32 144 560 172 |
Promotion, Administration, Risk Management and Compliance |
|
Ernst & Young |
75 288 172 749 |
External Audit Services |
|
Mercer Outsourcing (Australia) Pty Ltd |
83 068 908 912 |
Super Administration (inc. Client Services Centre) |
|
TAL Life Limited |
70 050 109 450 |
Insurance |
|
National Australia Bank Limited |
12 004 044 937 |
Custody Services and Investment Administration |
Financial Statements
Insurance
Name of Trustee:
Equity Trustees Superannuation Limited (ABN 50 055 641 757)
Name of Fund:
Crescent Wealth Superannuation Fund (ABN 71 302 958 449)
We have adopted the Insurance in Superannuation Voluntary Code of Practice, which commenced on 1 July 2018.
This transition plan applies to the following fund (among others):
Crescent Wealth Superannuation Fund
The products that we offer that will be covered by the Code are:
- All products in the Fund that provide insurance cover.
While we already carry out many of requirements of the Code, we will transition to all of the standards of the Code, with some exceptions, by the following date:
30 June 2021.
We will be undertaking a planned approach to work with our Administrators and Insurers to ensure that we meet all sections of the Code by the above date and earlier where possible.
Exceptions to the standards of the Code are expected to include the following matters:
We may provide some interpreter services on a fee-for service basis.
For further information please download: http://www.aist.asn.au/media/1099546/insurance_in_superannuation_voluntary_code.pdf