Employer resources
Super Reforms: Your Future, Your Super
Find the latest information and resources to help you navigate the upcoming changes to superannuation as part of the government’s Your Future, Your Super package of reforms. It’s important you understand how these new rules work as they will change how you pay your employees’ super. That’s why we’re here to support you, so you can continue to meet your employer super obligations and minimise impacts to your new employee onboarding and payroll processes.
What is Your Future, Your Super?
As part of the federal Budget in October 2020, the government announced the Your Future, Your Super (YFYS) package. While these super reforms are designed to deliver better outcomes for members, they are significant and will have profound impact for employers. For that reason, we’re working to support our employer partners to ensure they are updated and prepared for these super reforms.
A focus on Your Future, Your Super package
Royal assent was received on the YFYS measures on 22 June 2021 and these measures are now law.
The key measures are:
- Single Default Account (‘stapling’)
- Addressing underperformance in superannuation
- Improving accountability and member outcomes
Single Default Account (‘stapling')
This new super legislation will commence from 1 November 2021. The new ‘stapling’ rules mean employees will keep their same super account (if they have one) when they change jobs, unless they choose their preferred super fund.
Find out more about how ‘stapling’ works and what you can do to remain compliant.
Resources & quick links
Share information about Sunsuper
Useful information about Sunsuper and the benefits we provide to help your employees make an informed choice with their super.
Employer emails
Here is some suggested wording you can use to let your employees know about Sunsuper.
Employee flyer
A handy material to help your team take charge of their future while informing them that Sunsuper is your super partner.
Employee handbook
Designed so you can share with your employees to help them take charge of their super today.
Why Sunsuper? flyer
This material shares the benefits of Sunsuper, including that we’re a fund that works for members, not shareholders.
Forms, guides & other materials
Key documents to support an employee’s onboarding journey and paying SG contributions, including guides on Employer Online and Sunsuper clearing house.
Superannuation Standard choice form
A printable form your employees can use to nominate their chosen super fund.
New starter flyer
A quick guide for new starters to your business on the benefits of opening a Sunsuper for life account.
Sunsuper clearing house guides
Superannuation Guarantee fact sheet
At Sunsuper we’re all about helping you meet your super obligations as easily as possible. Here’s a list of items to keep top of mind as an employer.
Paying Sunsuper fact sheet
Sunsuper offers a range of payment method to make super simple for employers.
Employee resources
Forms, documents and information you can provide to your employees to help them feel on top of their super.