Super is an important part of the onboarding process for new starters with your employee’s right to choose a super fund a key focus. As an employer and valued business partner, we’re here to help make onboarding easier.
Always provide your new starter with a Standard Choice form
Employers are required to offer new starters who are eligible to choose their super fund an ATO Superannuation standard choice form within 28 days of their commencement date . If they don’t complete and return the form, you will need to check whether they have a stapled fund and pay their super into it.
Provide your new starter with information they need to make an informed choice
Which super fund to join is always your employee’s choice to make. You can help them make an informed choice by making sure they have resources to accompany the ATO Standard Choice form.
For a quick overview of AustralianSuper download ‘Shaping your future together’ or for more detail they can check out our ‘Day One’ online resource.
For information about super funds, they can use the Government’s YourSuper comparison tool
If your new starter needs financial advice, you can refer them to a licensed financial adviser