Choice of Super Fund
Freedom to invest in your future
If you are eligible (most employees in Australia are) you can choose which fund your employer contributes to. It's this choice that determines where your super guarantee contributions are invested.
Choice gives you control and makes it easier to keep your super together when changing jobs or industries.
How to choose
If you are eligible to choose your super fund, your employer will give you Standard Choice Form within 28 days of starting work, and must act on your choice within two months, after you return a valid request to them.
If you are eligible, you can also choose your fund at any other time, by submitting a Standard Choice Form (or any other valid request) to your employer. Although you can choose at any time, employers are only required to act once on your choice in any 12 month period.
Read more about choosing to stay with Australian Enterprise Super .
The default fund
The default fund is where the employer will send your super contributions unless you choose another super fund and notify your employer. The Standard Choice Form you receive when starting work will tell you about the employer's default fund.
If you have super in more than one fund because you have have just accepted the default fund when you changed jobs, stop and think. It may be costing you more in fees! If this applies to you, read about consolidating your other super into your Australian Enterprise Super .
Who is eligible?
You can generally choose you super fund if you're covered by:
- a federal award
- a ‘notional agreement preserving state award' (NAPSA)
- another award or agreement that doesn't require super support
- or not employed under any state award or industrial agreement.
Find out more
The Australian Taxation Office (ATO) looks after the choice of super fund system. Refer to the Australian Taxation Office (ATO) website to learn more.
If you have a question, contact your local Member Services Consultant or give our friendly Customer Service Centre a call on 1800 555 024.
About the Fund
Australian Enterprise Super is tailored to the retail industry and supports small to medium enterprises. With simple, low–cost investment options, our industry super fund gives you the benefits of low fees, excellent services and one-on-one support, making it easy to manage your super.
The broad appeal of our retail industry super fund lies in our straight-forward approach to meeting member’s needs. Our wealth of experience, extensive industry knowledge, and relationships with key associations enable us to offer an outstanding client service and the expertise to help you manage your super easily and effectively.
When you’re looking for a fund that focuses on the retail industry and supports small to medium enterprises, consider the facts – for years, Australian Enterprise Super has been providing quality superannuation solutions for a range of clients, with personalised service that truly meets individual needs. To find out more about our hospitality and retail industry super fund focused options, contact Australian Enterprise Super today. Read more
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Service Providers
Australian Enterprise Super is a division of Professional Associations Super, an industry fund with over 445,000 members across Australia and over $1.5 billion of funds under management. Professional Associations Super divisions include SMARTpension, RecruitmentSuper, and Accountants Super
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This information 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. Contact us for a copy.