they have either full access in ATO online services, or custom access including the 'Employee Commencement Form' permission to request stapled super fund details.
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Check and update the access levels of your authorised representatives in ATO online services so that: You or your authorised representatives can request stapled super fund details using ATO online services. Check ATO online services and Access Manager permissions See giving your employees information and advice or visit ASIC’s Communicating with employees about choice of superannuation fund: What you can and cannot do External Link for more information on how you can communicate to your employees about super choices without breaking the law. You can't provide recommendations or advice about super to your employees unless you are licensed by the Australian Securities & Investments Commission (ASIC) to provide financial advice.
If your employee does not choose a super fund, in most circumstances you need to request a stapled super fund. If your employee has chosen a super fund, you can pay super contributions to their chosen fund. They can choose a super account they already have or choose your default fund. Most employees are eligible to choose what fund their super goes into. You need to offer your eligible employees, including contractors who are employees for superannuation purposes, a choice of super fund and pay into the account they tell you. Offer your employees a choice of super fund There is no limit to the number of requests you can make. Steps to requesting stapled super fund detailsīefore you can request stapled super fund details from us using ATO online services, you need to have offered all eligible employees a choice of super fund.īefore we can provide a response, we need to be able to confirm that an employment relationship exists.
However, once an employee tells you their choice of super fund, you have 2 months to start paying contributions into that fund.
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