My employee wants to choose a fund that requires me to become a participating employer (or provide additional registration details), do I have to agree?
Some super funds require you to become a ‘participating employer’ before you can pay contributions to them. Being a participating employer may mean you have to make superannuation payments more regularly (such as, monthly instead of quarterly). If you agree, complete all the necessary details before you start making payments. If you don’t agree, and the superannuation fund refuses to accept contributions from you, you can reject the employee’s choice and continue making contributions to your employer nominated fund. You do not have to accept a choice if, at the time of making the choice, the employee’s chosen fund is not willing or able to accept contributions from you.
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