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Inflation: Increases in the cost of living - usually measured by the Consumer Price Index (CPI) or increase in Average Weekly Earnings (AWE).

Investment choice: This means that you are able to choose which asset class (or Investment Plan) you wish to invest your super. You are free to choose the option that best suits your personal financial situation and goals.  Please note: Investment Choice is not available to Gold State Super or WA Public Sector Pension scheme account holders because your benefit is defined.

Investment grade bond: A bond whose credit quality is considered to be among the most secure by any independent bond-rating agency.

Investment returns and risk: 'Return' can be defined as the gain or loss in the value of your investment. And 'risk' is the variability of these returns. When you invest, there is a trade-off between risk and return. Generally, the higher the potential return, the higher the potential risk. Similarly, investments offering lower returns tend to have a lower level of risk.

Investment timeframe: The period of time your money will be invested. When it comes to your super investment, it is the period of time before you access your super. For example, if you're in your 20's, you'll have a much longer investment time frame than someone who is only 10 years from retirement.