How do I choose a default fund for Choice of Fund? - BUSSQ

How do I choose a default fund for Choice of Fund?

Before you nominate a fund as an employer default fund, you need to check that it:

  • Is a complying fund, 
  • Offers the minimum life insurance coverage.
  • It is a MySuper Product
  • *Please note the BUSSQ MySuper product covers all of the above items and can be your default fund
    You can provide factual information to an employee about:
    • Obligations under choice of superannuation fund, and
    • What the employee can do to nominate a superannuation fund as their chosen fund.

    However, as an employer you cannot give financial advice unless you are licensed to do so.

    Become a BUSSQ default employer.