![]() You must keep a copy of the completed form or ATO online printed summary for 5 years. If your employee would like further information about how they can find their super fund details and complete the choice form, encourage them to visit Getting your super started. which super fund employees should chooseįor more information on how you can communicate to your employees about superannuation choices without breaking the law, visit ASIC’s Communicating with employees about choice of superannuation fund: What you can and cannot do External Link.You cannot provide recommendations or advice about super to your employees, unless you are licensed by the Australian Securities & Investments Commission (ASIC) to provide financial advice.Įxamples of recommendations or advice include: your obligations to pay super guarantee and provide a default fund.You can give your employees information about choosing a fund, such as: Giving your employees information and advice They will need to print out the summary of their choice and give it you. ![]() You don't have to use the form, but any alternative document must cover the same information.Įmployees can complete pre-filled standard choice forms through ATO online services linked to myGov External Link. On the Standard choice form, this information goes in section B. You must provide your employee with details of your nominated default super fund. you change the employer-nominated fund into which you pay the employee's contributions.you can't contribute to their chosen fund or it's no longer a complying fund.You must provide eligible employees a Superannuation standard choice form within 28 days of their start date. phone the workplace relations department in your state or territory.visit the Fair Work website External Link.If you're not sure what award or industrial agreement covers your employee: However, your employee has the right to ask you for a Standard choice form. their super fund undergoes a merger or acquisition.Your employee is not eligible to choose their super fund if: ![]() However, you only have to accept a new choice from them once in any 12-month period.
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