Section A:
Employee to complete
If you choose your own super fund you will need to obtain
current information from your fund to complete items 3 or 4.
Item 3
Nominating your APRA fund or RSA
Complete this item if you are nominating your own APRA
fund (fund regulated by the Australian Prudential Regulation
Authority) or a retirement savings account (RSA).
You must include the unique superannuation identifier (USI)
provided by your fund.
You must attach a letter from the fund trustee or RSA provider
confirming that the fund or RSA:
■ is a complying fund or RSA, and
■ will accept payments from your employer.
This letter may contain other information to help your employer
make super contributions using the SuperStream standard.
Item 4
Nominating your self-managed super fund (SMSF)
Complete this item if you are nominating a self-managed super
fund (SMSF).
You must include your SMSF’s ABN, bank account details
and electronic service address (ESA) (so the fund can receive
electronic messages and payments from your employer using
SuperStream).
Find out more
■ ato.gov.au/Super/SuperStream – for information
about how SuperStream applies to SMSF’s
If you are using an SMSF message service provider they will
provide you with an electronic service address alias to include
as the ESA on the form.
You must attach copies of the following documents to support
your SMSF choice:
■ a document confirming that the fund is regulated – this can
be printed from superfundlookup.gov.au
■ a letter from the trustee of the SMSF confirming that the fund
will accept payments from your employer – if you are the
trustee, or a director of the corporate trustee, you can confirm
acceptance by placing an ‘X’ in the relevant box on the form.
Things you should know
■ Your employer is not liable for the performance of the super
fund you or they nominate
■ You should not seek financial advice from your employer
unless they are licensed to provide it
■ You can change the fund your employer pays your super
into at any time by filling out this form and returning
ittoyouremployer
■ Your employer is only required to accept one choice of
fundfrom you in a 12-month period; however, they may
accept more
■ Your employer has two months after you return this form
tothem to action your request
■ Any money you have in existing funds will remain there
unless you arrange to transfer it (roll it over) to another fund
– before you transfer your super, consider any impacts,
including loss of insurance, fund performance or any fees
or charges you may incur. If unsure, you may want to seek
independent financial advice
■ if you quote your TFN to your employer for super purposes,
they must provide it to the super fund
You may have lost super
■ It is important to keep track of your super – if you’ve ever
changed your name, address or job, you may have lost track
of some of your super
■ Having multiple super accounts could mean you are
payingfees you are unaware of, which could reduce your
retirement savings. Your super is your money, you should
check it regularly
■ You can manage your super using ATO online services
through myGov. This will enable you to view details of all
your super accounts, including any you may have lost track
of. You can use ATO online services to consolidate eligible
multiple accounts. Before consolidating any accounts,
consider impacts such as insurance, fees, and fund
performance.
Find out more
■ ato.gov.au/keepingtrack – keeping track of your super
■ moneysmart.gov.au/how-super-works/
consolidating-super-funds – MoneySmart
consolidating super funds
■ ato.gov.au/yoursuper – view and compare super fund
products by using the YourSuper comparison tool. Log
into ATO Online services through myGov to access the
personalised version.
2 Superannuation standard choice form