Become a default Employer - I Choose BUSSQ - BUSSQ

Become a default Employer - I Choose BUSSQ

If your employees are eligible for choice of fund, you need to advise them who your default super fund is, ie. where you will be making super payments to on their behalf, if they do not nominate a super fund.

What is a Default Super Fund?

Under Choice Legislation, a default super fund is the fund an employer chooses to pay an employee’s super to when the employee does not nominate a fund of choice. 

From 1 January 2014, the Modern Awards (Fair Work Australia) specify that an employer must choose a MySuper product as their default superannuation fund.

The good news is that BUSSQ has a MySuper product, so why not make BUSSQ your default super fund!

To nominate BUSSQ as your Default Fund, download the ATO’s standard choice form and pre-populate it with your business details and nominate BUSSQ as your default super fund.

Why Choose BUSSQ?

  • MySuper compliant
  • Superstream compliant
  • Industry Super Fund
  • More than 90,000 members
  • More than 12,000 employers
  • Low fees
  • Strong investment performance
  • Flexible insurance options (Death, TPD & Income Protection)
  • Easy payment options, including clearing house 
  • Dedicated Employer Services Team to support your business, and
  • In house financial advice for BUSSQ members.

Make BUSSQ your default super fund by joining online now.  

If you'd like to talk to a dedicated Employer Representative about making BUSSQ your default super fund, call us on 07 3369 1111.