Choice of fund
Your super is your choice
Under Federal Government ‘Choice of Fund’ legislation, many Australian workers are able to choose the fund that their superannuation contributions are paid into. The legislation applies to Superannuation Guarantee (SG) contributions made by employers on behalf of their employees.
What this means for you as an employer
You must let your eligible employees choose where their superannuation contributions are paid. If they do not make a choice you need to choose a “default” or “employer” fund to pay their contributions into.
GuildSuper meets all the Government’s requirements to be a Choice default fund. It is important to check the relevant Award before choosing your default fund.
When making a choice your employees need to give you:
- A completed Choice of Superannuation Fund Form. Download a GuildSuper Choice of Superannuation Fund Form.
- A Complying Fund Letter from the fund they have chosen. The GuildSuper complying fund letter is on the back of our Choice of Superannuation Fund Form.
- A completed member application form. GuildSuper’s Member Application Form is on page 45 of the Product Disclosure Statement.
Once you have all of these, you will need to keep the Choice of Superannuation Fund form for your records, and send the membership application form to the fund your employee has selected.




