What’s in the factsheet?
From 1 November 2021, there are some important changes coming to the way Australian employers manage their employee’s superannuation.
Superannuation can be a tricky area to navigate. If you’re still scratching your head, this factsheet is an easy breakdown of what the changes are, and how they could impact your business.
In this factsheet you’ll learn:
- What is super stapling and when does it come into effect?
- What is a stapled super fund?
- Why do super funds need to be stapled to employees?
- Managing new employees’ super funds
Disclaimer: The information in this article is relevant as at 1 November, 2021, and has been prepared by Employment Hero Pty Ltd ABN (11 160 047 709) (Employment Hero). The views expressed herein are general information only and are provided in good faith to assist employers and their employees. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. Employment Hero does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this article.