Australian Retirement Trust (ART) the $200 billion superannuation fund formed through the merger of Sunsuper and QSuper, is the first super fund to launch a digital tool to streamline the super onboarding process for employers and their employees.
The Super Fund Onboarding (SFO) digital tool provides employers with an automated process for administering fund choice in line with the stapling obligations introduced last November.
Since launching in October, more than 1500 employers have already seamlessly transitioned to using the tool according to Australian Retirement Trust Chief Growth Officer, Dave Woodall.
“Australian Retirement Trust is committed to supporting our employer partners around the country and we’re delighted to be able to offer them our innovative Super Fund Onboarding digital tool,” said Mr Woodall.
“We aim to make it as simple as possible for our employer partners to do business with us, and that’s why we developed this tool.
“SFO lightens the administration load when onboarding new employees and provides a fully trackable and seamless employee onboarding journey - eliminating errors and data inaccuracies.
“We’ve received excellent feedback from our employers that the tool is intuitive to use, with the support material clear and easy to understand.
“Over the coming months we expect thousands more employers to use the SFO digital tool. With simplicity a cornerstone of how we do business, this new digital tool strengthens our existing product and service offering to employer partners.”
Australian Retirement Trust’s Super Fund Onboarding is a digital tool designed to streamline the employee super onboarding process for employers that was created by Beam – a software solution to manage super. Beam is part of Australian Retirement Trust. For information about Beam, visit beamconnect.com.au