How to make Aware Super your default fund
Register in three easy steps:
- Grab your ABN and email address
- Complete the online registration form
- We’ll email you your insurance rating and Fund Employer Number (FEN).
Registered as an employer and ready to set up Clearing House? Or want to make payments to employees who are Aware Super members? Great, you’ll need to have the following details and then give us a call:
- Your ABN
- Email address
- Banking details
FAQ
All employers need to have a nominated (default) fund which offers an APRA approved MySuper product. As an employer, you must select a default super fund that you will pay your employee's super into if they:
- haven't chosen a fund, and
- don't have a stapled super fund.
No - there are no fees or costs involved in becoming a registered employer with us, for the support provided to you as an employer, or for the use of the Aware Super clearing house via SuperChoice.
SuperStream is part of the Stronger Super reforms aimed at improving the superannuation system. All employers must pay the employee superannuation guarantee (SG) contributions electronically to their employees’ superannuation funds.
This means you’ll need to:
- make contribution payments electronically
- include mandatory SuperStream data needed to manage your employees’ records
- use a SuperStream compliant method to pay contributions to your employee's super fund, for example a clearing house service.
As a registered employer, you are assigned an insurance category based on the general nature of the work your employees do. This effects the cost to your employee of the insurance offered or provided through their superannuation. The cost of insurance rises from Low Risk through to Medium Risk to High Risk.