As a courtesy we would like to make you aware that your clients with AMG Super accounts will be receiving a Significant Event Notice (SEN) from us, a generic example of the letter has been attached for your reference.
This SEN will be mailed out to clients on Thursday the 29th of May and relates to changes to Total & Permanent Disability (TPD) Insurance definitions within super and the introduction of a Stronger Super Fee on member accounts.
The Stronger Super Fee relates to the Operational Risk Financial Reserve (ORFR) AMG Super is required to provide to protect members from operational risks affecting the Fund. This ORFR was first notified to advisers in November 2013’s Adviser Update, Invalid download ID. for a link to the update.
If you would like any further information please feel free to contact Terry Constable, Adviser Service Manager on (07) 3228 2632 or firstname.lastname@example.org