So, you have a new job – congrats! Did you know when you change jobs you don’t need to change super funds? It’s SUPER easy to stay with GuildSuper and there are lots of benefits from having all your super in one place.
New job, same super fund
Changing jobs doesn’t need to mean changing super funds. Even if you’re undergoing a career change or starting work in a totally different industry, GuildSuper is for every SUPER smart, SUPER human looking to secure their financial future.
So, when you start your new job, let your new employer know you’d like your super paid into your GuildSuper account.
There are two easy ways to make sure you take your super with you (and you only need to do one of them).
Complete our Choice of Fund form (handily pre-populated for you in your online account!) and give it to your new employer, or
Fill out the Australian Tax Office’s (ATO) Super standard choice form. You can do this online via MyGov or print out a hard copy and give it to your employer.
Having one super fund means less life admin, but most importantly it means you aren’t paying multiple sets of fees to different funds, eating away at your overall super balance.
If you think your super might already be split across several funds you should consider consolidating
your super into one fund, so your super can grow as much as possible.
What happens if I don’t take my super with me?
Your employer is meant to check with the ATO to see whether you already have a super fund and if you do, they should automatically pay your super into your existing fund. This is called super stapling.
Just so you’re in the know, stapling came into effect on 1 November 2021. Don't worry, it's not as complicated as it sounds! Essentially, stapling means that all Australian employees are now linked, or 'stapled,' to one super fund unless you choose to switch to a different one. This rule only applies to you if you started working at your company on or after November 1, 2021.
Your new employer may instead suggest that you join their default fund. But don’t forget it’s up to you where your super goes, so it’s always best to complete a Choice of Fund form. You have the power!
GuildSuper Fund Details
Just in case you need them…
Fund name: GuildSuper (part of the Guild Retirement Fund)