Issued 01 November 2013 Fund Merger with AMG …

1 Southern Cross Super Plan a division of the Taxi Industry Superannuation Fund ABN 69 975 288 627 RSE Registration Number R1001402 Issued by the trustee: The Trust Company (Superannuation) Limited ABN 49 006 421 638 AFSL 235153 RSE Licence No L0000635 This This notice contains important information about: the transfer of your superannuation account to the AMG Universal Superannuation Fund (AMG Universal Super); and the continuation of your current benefits. The Trust Company (Superannuation) Limited is the trustee of the Southern Cross Super Plan, a division of the Taxi Industry Superannuation Fund (Superannuation Fund). The Trust Company (Superannuation) Limited is also the trustee of AMG Universal Super. Background Both APRA, as the prudential regulator of superannuation in Australia, and the federal government, have been introducing regulatory change at a significant pace in the last 18 months to two years.

2 This change has added significantly to the costs of administering superannuation funds. The direct result of these increasing costs is that mergers are being actively encouraged between superannuation funds. A Merger results in a larger fund, which typically achieves a range of efficiencies that eases the pressure of rising costs upon members. The Trustee of the Taxi Industry Superannuation Fund, incorporating the Southern Cross Super Plan, has determined that the Superannuation Fund will not have sufficient scale (in terms of the number of members and the amount of assets) to be viable in the medium or long-term. The Future of Financial Advice (FoFA) requirements, the government s mandated, low-cost MySuper product requirements and prudential standard reforms are all adding up to increasing costs. In the case of smaller funds, such as the Superannuation Fund, this is likely to result in ever higher fees being imposed on members.

3 The Trustee has determined that it is in the best interests of members to merge with a larger fund. The Trustee's decision The Trustee has determined that it would be in the best interests of all members to transfer members to a new dedicated division of AMG Universal Super called Southern Cross Super (Southern Cross Super). Accordingly, your superannuation account and all benefits will be transferred to Southern Cross Super, a newly established division of AMG Universal Super. The Trustee proposes to make the transfer on a "successor fund basis". This means, the transfer can be effected without obtaining your consent. In order to do this, the Trustee must be satisfied that Southern Cross Super (a yet to be created division of AMG Universal Super) provides, in respect of the transferred benefits, rights that are equivalent to the rights that members have in the Superannuation Fund immediately prior to the transfer.

4 The Trustee has conducted due diligence and has obtained legal advice in order to test and be satisfied that members rights are indeed equivalent. The Trustee has chosen Southern Cross Super (a yet to be created division of AMG Universal Super) as the successor fund because it can provide the same: investment options; insurance benefits onepath Life will continue to provide current insurance benefits; administration IT platform (MySuperSolution); super fund identity, but as a division of AMG Universal Super; asset based administration and investment fees; member number; online password; and access to online information. In addition to these continuing benefits, members will have access for the reasonably foreseeable future, to: features available from the proposed AMG MySuper product; increased investment menu - more than 50 investment options; and access to extra insurance benefits including life events guaranteed increases and transfer cover options available under AMG Super.

5 It is expected that members will experience a seamless transfer due the common administrator, administration platform, insurer and other service providers. This should likely have the effect of minimising costs associated with the transfer, although naturally some costs will need to be incurred by members. The costs will be audit and legal fees, which will be deducted from investment returns. p PO Box 3528, Tingalpa DC Qld 4173 t 1800 336 911 f 07 3899 7299 e w Significant Event Notice Issued 01 November 2013 Fund Merger with AMG Universal Super Southern Cross Super Plan a division of the Taxi Industry Superannuation Fund ABN 69 975 288 627 RSE Registration Number R1001402 Issued by the trustee: The Trust Company (Superannuation) Limited ABN 49 006 421 638 AFSL 235153 RSE Licence No L0000635 What happens now? The transfer to the Southern Cross Super (once created as a division of AMG Universal Super) will take place without your consent.

6 This means that you do not need to take any steps in order to allow your account balance to be transferred to it. It is anticipated that the transfer will take place on 02 December 2013. Your member number will remain the same and all of your interaction with the fund will also remain the same. There will be a short black-out period from 25 November 2013 to 6 December this period, there will be no processing of any requests/transactions involving money leaving the Superannuation Fund or leaving an investment within the Superannuation Fund ( benefit payments, investment switches). This black-out period ensures the smooth and prompt transfer of your assets and records to AMG Universal Super. Processing will resume on 9 December 2013, using the unit prices at the date the requests are received. You have the option to transfer to another fund If you wish to transfer your super account to another fund prior to the change, you can nominate an alternative fund by completing a Benefit Payment Form (if you want to request a form, the contact details appear at the end of this Notice).

7 You then forward this form, along with Proof of Identity requirements, to the Southern Cross Super Plan. You should be aware that, under the terms of the transfer to AMG Universal Super, the existing insurance policies are being transferred. This means that your insurance (if any) will continue. If you choose to transfer to another fund, your existing insurances (if any) will be cancelled and any insurance cover offered in the other fund may not be automatic (for example, you may be required to provide health evidence). Your request to transfer to another fund must be received by 11 November 2013, to be completed before the black-out period mentioned above. If your request is received between 11 November 2013 and 6 December, your transfer will be processed after processing resumes on 9 December 2013. You are also able to request for a transfer to another fund at any time after the above mentioned blackout period.

8 Fee Changes The following table provides a snapshot of significant fees in the two funds: NEW OLD TYPE OF FEES OR COST Southern Cross Super (a division of AMG Universal Super) Southern Cross Super Plan (a division of the Taxi Industry Superannuation Fund) Fees when your money moves in or out of the fund Establishment fee Nil Nil Contribution fee Nil Nil Withdrawal fee $ $ Termination fee Nil Nil Management costs (The fees and costs for managing your investment) Member Fee Management Charge Investment Manager Fees Estimated Expense Recovery $ pa * pa of account balance Range from to depending on the investment option Capped at $ pa ** pa of account balance Range from to depending on the investment option pa (year to 30 June 2013) (uncapped) Investment Switching Fee Nil Nil Other fees Other fees (including Service Fees such as Adviser Remuneration) may apply. Refer to the Fees and Costs Information in the Southern Cross Super Plan Product Disclosure Statement and Incorporation By Reference documents applicable to your membership.

9 Other fees (including Service Fees such as Adviser Remuneration) may apply. Refer to the Fees and Costs Information in the Southern Cross Super Plan Product Disclosure Statement and Incorporation Note: * Includes per annum to fund a specific reserve under an obligation in Superannuation Prudential Standard 114 Operational Risk Financial Requirement (ORFR). This reserve is known as the ORFR Reserve. **Does not include per annum funding for the ORFR Reserve because this reserve has not been implemented in the Superannuation Fund due to the impending successor fund transfer to AMG Universal Super Superannuation. ** The fee range below is for the current investment options (which will remain the same when transferred to AMG Universal Super). You will also have access to a new range of investment options within AMG Universal Super. The fees for these options may be different, as may the strategies, asset allocations, risk levels and expected returns.

10 You will be provided with information about this should you wish to make any change to your current investment selection. Southern Cross Super Plan a division of the Taxi Industry Superannuation Fund ABN 69 975 288 627 RSE Registration Number R1001402 Issued by the trustee: The Trust Company (Superannuation) Limited ABN 49 006 421 638 AFSL 235153 RSE Licence No L0000635 Insurances Your current insurance cover with the Southern Cross Super Plan (if any) will be transferred to Southern Cross Super under AMG Universal Super. Your insurance cover (if any) will continue unaltered. onepath Life will remain as the insurer. Investments Your current investment options with the Southern Cross Super Plan will also be offered under Southern Cross Super under AMG Universal Super. You will automatically be allocated your existing investment option as your continuing option but once transferred over, will be free to choose from AMG Universal Super s enhanced menu containing more than 50 choices.