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Posted by Naomi Rosenthal on Thursday, September 9, 2010
Under: Small Business
What does Choice of Superannuation Fund mean for employers?
Choice of Superannuation Fund (COF) legislation allows employees, with some exceptions, to choose an eligible super fund into which their employer Superannuation Guarantee (SG) contributions are paid.
COF was introduced to provide employees with the freedom to select their own super fund, and to encourage people to take control of what for many will be their biggest source of retirement savings.
For employers, this means you may have to pay super contributions to multiple super funds - potentially increasing your administrative workload.
Do you currently have a facility to transfer all choice superannuation monies as one transaction and provide Tax File Numbers simply and easily?
Is your current employer nominated fund easy to use, providing value and benefits to members?
Does your current employer nominated fund comply with the minimum insurance requirements?
Employer nominated fund “health check”.
• I want to easily manage multiple super accounts
• I want to transfer all choice superannuation monies in one transaction
• I want to track the progress of monies being allocated with online reporting
• I want to update details for my Choice of Fund employees online.
• I want to comply with the minimum insurance requirements.
• I’d like for my employees have access to exclusive staff benefits.
• I want a competitively priced fund offering exceptional value.
If you ticked any of the above boxes, call us today to arrange a no obligation “health check” of your employer nominated fund.
Phone: 02 9417 6011 Email: email@example.com
super employer employee easy "health check" "small business" "choice of fund"
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Tudor Investassure Pty Ltd | ABN 74 881 211 664 | Phone: 02 9455 0655 | Fax: 02 9455 0001 | Email:
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Office: Ground Floor, 56 Berry Street, North Sydney NSW 2060
Corporate Authorised Representative of
Professional Wealth Services Pty Ltd
Australian Financial Services Licence No. 312047 ATF Professional Wealth Services Unit Trust |
ABN 58 174 609 776
Office: Ground Floor, 56 Berry Street, North Sydney NSW 2060 | www.pws.net.au