Fade-resistant archival inks guarantee perfect color reproduction that remains vibrant for decades even when exposed to strong light. There are instances where employers are deemed to meet the new requirements in respect of contributions made for their employees and you should seek advice to ascertain your obligations. The artwork is crafted with 100 cotton artist-grade canvas, professionally hand-stretched and stapled over pine-wood bars in gallery wrap style - a method utilized by artists to present artwork in galleries. When all avenues are exhausted you can use your default fund. It’s up to you, the employer, to take all the steps you can to allow employees a choice of super fund. If you dont meet your choice of super fund obligations, additional penalties may apply. If you don't meet your choice of super fund obligations under these changes, you may have to pay additional penalties or charges on top of the Super Guarantee Charge (SGC). Pay super contributions into the stapled fund where the ATO provides details of a stapled fund you must pay super guarantee contributions into that fund. A stapled super fund is an existing super account which is linked, or stapled, to an individual employee so that it follows them as they change jobs. The change aims to reduce account fees, reduce unnecessary erosion of super and creation of multiple accounts by stopping an employee opening a new super account every time they start a new job. That existing fund is known as a stapled super fund because its connected to you and follows you as you change jobs.

If an employee doesn’t nominate a super account when they start a new job, an employer pays their superannuation contributions into their existing ‘stapled’ fund. Some of the major changes include: A new process for choosing a fund for new starters if the person does not choose their own super fund (by filling out the Choice of Fund form) employers will check the ATO for their new employee’s existing stapled super account.

Stapling is an Australian Government superannuation reform that means an existing super account is linked, or 'stapled', to an individual employee so that it follows them as they change jobs.

Stapled super