Disclosure Statement: Durand Financial Services Pty Ltd and its advisers are authorised representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. General Advice Warning: The information contained within this website does not consider your personal circumstances and is of a general nature only. You should not act on it without first obtaining professional financial advice specific to your circumstances.
Employees who are eligible for super, may also be able to choose the fund you pay into.
If they aren’t eligible to choose or don’t make a choice, you must pay their contributions into your employer-nominated or default fund.
- Determine your employer-nominated fund (default fund)
- Offer your employees a choice of fund
- Provide employees’ TFNs to their funds
- Keep records
When choosing how to pay super, you’ll need to ensure your solution meets the SuperStream requirements to pay and report super electronically.