Introduced as part of the recent Your Future, Your Super federal government measures, super stapling applies from 1 November 2021. The introduction of super stapling means people working in Australia will be attached to one super fund for life unless they choose otherwise. The measure aims to reduce the number of super accounts people may acquire throughout their working life.
If you don’t nominate a super account when you start a new job, your employer will contact the ATO to find your ‘stapled fund’ and will pay your super contributions to that account. If you don’t have an existing super account and don’t choose a fund, your employer will pay your super into their nominated default super fund.
To find out more about how to choose AustralianSuper as your preferred super fund, watch the video below.
If you want to compare super funds, check out the ATO's YourSuper comparison tool.
Once you’re ready to tell your employer where to pay your super, download the Standard choice form, fill it out and give it to your employer.