Glossary | HESTA Super Fund your health and community services industry super fund

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Glossary

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Total and Permanent Disablement (TPD)
A condition for which many super funds (including HESTA) provide insurance cover. The definition varies between funds and it is important that members read the information provided by their fund or the insurer. Benefits may be payable either as a lump sum or as an ongoing income each month.
Trust Deed
The legal document which sets out the rules establishing and governing the operation of a super fund.
Trustee(s)
The persons or corporate body which has legal responsibility for the running of a super fund in accordance with the requirements of the Trust Deed, general duties imposed by law and applicable legislation.

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Last Updated: Thu Sep 09 10:11:44 PM GMT +10 2010

© H.E.S.T. Australia Limited. This information has been produced by H.E.S.T. Australia Limited ABN 66 006 818 695 AFSL No. 235249 and is about HESTA Super Fund, ABN 64 971 749 321. It is of a general nature. It does not take into account your objectives, financial situation or specific needs so you should look at your own financial position and requirements before making a decision. You may wish to consult an adviser when doing this. Please note that investments can go up and down. Past performance is not a reliable indicator of future performance. For more information about HESTA, free call 1800 813 327 for a copy of our Product Disclosure Statement which should be considered when making a decision about HESTA.