Australian Enterprise Super (AESuper) is a not-for-profit public offer superannuation fund which meets the requirements of Choice of Fund legislation.  Employers can enrol all staff in AESuper. We offer membership nationally, so AESuper is suitable for employers located in all States and Territories.

AESuper allows members to make provision for retirement, to insure themselves on favourable terms for Death, Total & Permanent Disablement and Income Protection benefits and provides access to other services such as home loans, health insurance and financial planning advice. Members are offered the choice of nine investment options and investment switching can be undertaken at any time without charge.

Various contribution types are accepted, enabling superannuation to form a valuable part of an employee's remuneration package.  Contribution types accepted include:

• superannuation guarantee and award
• employer supplementary
• member voluntary
• salary sacrifice (deemed employer)
• Government Super Co-contribution
• spouse contributions.

Members can also roll-over benefits from other Funds.

AESuper makes enrolling employees easy.  Employers have the choice of enrolling members using a bulk enrolment form or members can enrol by completing an individual application form.

Information on:

• Australian Enterprise Super
• enrolling employees via the individual and bulk methods
• forms to enrol as an employer
• forms to enrol employees
• contribution remittance forms
• members exit advice

is available from the Download Centre.

The Product Disclosure Statement contains information about:

• contributions
• communication to members
• investment options for members
• insurance for members
• investment options for members
• member services
• contact details.

Modern Awards & Super

Modern Awards (MA’s) are an initiative of the Federal Government. They are a set of 122 industrial and occupational awards that replace over 1500 existing awards from 1 January 2010.

The Awards are part of a comprehensive review and reform of Australia’s National Employment Standards.

All but nine of the MAs include superannuation provisions which list a super fund(s) as the default fund applicable to employees covered by the Award. The following clause is usually included:

"any superannuation fund to which the employer was making superannuation contributions for the benefit of its employees before 12 September 2008, provided the superannuation fund is an eligible choice fund."

This clause means that an employer who made a contribution to AESuper prior to 12 September 2008 can nominate AESuper as their default fund (in place of any of the funds that are specifically named in the relevant MA). Employers that are currently using AESuper as their default fund who meet this criteria can continue to use AESuper as their default fund.
 
It doesn’t matter if the contribution (before 12 September 2008) was made because AESuper was the default fund at the time, or because an employee(s) had elected AESuper as their chosen fund under Superannuation Choice.  Read more.

Disclaimer: While every effort is made to ensure the accuracy of this information, the accuracy may be affected by changes to Commonwealth law and policy, or by judicial interpretation. You should not rely on this information as a basis for any action that may expose you to a legal liability, loss or damage. It is recommended that you obtain your own independent advice relevant to your particular circumstances.

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© 2009 Australian Enterprise Super
 

The information contained on this website is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about Australian Enterprise Super, you should consider your own requirements and the relevant Product Disclosure Statement. To obtain a copy, call us on 1800 555 024 or download it from this website.

Professional Associations Superannuation Limited (PASL) (ABN 14 056 917 303 RSE L0000352 AFSL 222590) as Trustee of Professional Associations Superannuation Fund (PASF) (ABN 78 984 178 687 RSE R1000429). Australian Enterprise Super is a Division of PASF.