1. Do not put content on the brand signature area Do not put content on this area LATEST RESEARCH IMPACT OF DEATH OF A PARENT ON SURVIVING PARTNER AND CHILDREN AUGUST 2015

2. Do not put content on the brand signature area Do not put content on this area Important information 2 The information provided is of a general nature and does not take into account your objectives, personal needs and financial circumstances. You should speak to your financial adviser and read the Product Disclosure Statement (PDS) for the relevant financial product available at onepath.com.au and consider whether the product is right for you.

3. Do not put content on the brand signature area Do not put content on this area 3 In 2015, OnePath partnered with Ipsos to study the impact the death of a parent has on Australian families. The research was conducted by Ipsos on behalf of OnePath, and is a follow up to 2010’s investigation into the impact of death on the family by Ipsos called ‘Picking Up The Pieces’. The interviews were carried out amongst Australians aged 18+ who have either lost a parent while they were under 18 or in full-time study, or lost a partner while they still have at least one child under 18 or in full-time study. Fieldwork took place between 24th April and 12th May 2015. This study was conducted online amongst members of an opt-in research panel. About the research

4. Do not put content on the brand signature area Do not put content on this area 4 Key Insight 1 – It happened so suddenly 5 Key Insight 2 – Financial stability affected 6 Key Insight 3 – Children grew up too quickly 7 Key Insight 4 – The effects on child’s health & wellbeing 8 Contents

5. Do not put content on the brand signature area Do not put content on this area 5 It’s never too early to organise your affairs, whether you’re in your 20’s or 70’s. By having your estate planning affairs in order, you will reduce the stress your family may experience should you pass away. Estate planning means your wishes will be respected. Without it, there are no guarantees on how your estate will be divided up. If you passed away, would your Will reflect your wishes? Have you nominated a trusted relative or friend your Power of Attorney? Do you have adequate insurance in place to cover expenses like school fees for a few years? Over 42% of families had no warning at all prior to the death There was little to no warning Key Insight 1 64% of families had less than a week’s notice of their spouse or parent dying

6. Do not put content on the brand signature area Do not put content on this area 6 The financial hardship and disruption that can accompany the death of a parent can be severe. The research looked at the finances of those with and without insurance. Those without insurance who rated finances as ‘struggling’ tripled after death. This trend is reversed for those with insurance by the 12% point increase in ‘adequate’ rating of finance. Those with insurance were also less likely to move due to financial pressures at a rate of 1 in 5 compared to 1 in 3 for those with no cover. From comfortable to struggling Key Insight 2 Finances rated ‘Struggling’ before death – 14% Finances rated ‘Struggling’ after death – 47% 1 in 3 moved house No cover Had cover Finances rated ‘Adequate’ before death – 44% 1 in 5 moved house Finances rated ‘Adequate’ after death – 56%

7. Do not put content on the brand signature area Do not put content on this area 7 Parents reported that 29% of children over 14 in families with no insurance had to take on a job due to financial pressure. For those with insurance it was 13%. Children (at time of death) reported: 2 in 3 children took on more household tasks. 41% experienced worsening academic performance. 49% took on more responsibilities caring for siblings. Children grew up too quickly Key Insight 3

8. Do not put content on the brand signature area Do not put content on this area 8 29% of all children experienced anxiety/panic disorders, depression or abused drugs and alcohol. 45% of children in families without insurance reported experiencing a reduction in their involvement with sport and 52% lost contact with some friends. For children in families with cover this was experienced at a lower rate of 28% (Sport) and 38% (friends). The above represents responses from children Children’s health & wellbeing affected Key Insight 4 Aged <10Aged 10-15Aged 16-18Aged >18 Diagnosed depression56%68%70% Drug abuse22%24%10% Alcohol abuse22%21%10%30% Anxiety or Panic disorder89%76%79%70%

9. Do not put content on the brand signature area Do not put content on this area 9 The financial and emotional impacts on children and the surviving parent are wide ranging when the other parent passes away. We understand these conversations can be uncomfortable or distressing around what would happen should your partner or a loved one die. As shown by the research, families with life insurance in place to support them had a more stable lifestyle – fewer moved house due to financial pressure. It’s never too early to get your affairs in order. Together we can review your current levels of cover, as well as your estate planning situation to ensure that your family is protected. Summary

10. Do not put content on the brand signature area Do not put content on this area 10 Material contained in this presentation refers the research conducted by Ipsos on behalf of OnePath, and is a follow up to 2010’s investigation into the impact of death on the family by Ipsos called ‘Picking Up The Pieces’. It should not be considered a comprehensive statement on any matter nor relied upon as such. This presentation contains general information only and does not take into account your personal objectives, financial situation or needs. You should therefore consider whether information or advice contained in this presentation is appropriate to you having regard to these factors before acting on it. As the rules associated with the superannuation and taxation regime are complex and subject to change, you should seek personalised advice from a financial adviser and tax adviser before making any financial decision in relation to the matters discussed in this presentation., ABN, is a Corporate Authorised Representative of is an Authorised Representative of

11. onepath.com.au Do not put content on the brand signature area Do not put content on this area OnePath Custodians Pty Limited ABN 12 008 508 496 AFSL 238346 RSE L0000673 OnePath Life Limited ABN 33 009 657 176 AFSL 238341