Updating company nominated superannuation fund details via the HR platform

Your organisation's chosen superannuation fund may need updating when their details become outdated. These changes can include your organisation moving to a different default super fund or the chosen fund you currently use, changes their fund details, for example, their SPIN number or website address details.

The Nominated Super Fund feature is where you update these details if they change, with the HR platform reflecting these changes throughout the entire platform. Meaning there is only one place you need to update these details if they change, making sure your superannuation records on your HR platform are always up to date.

Warning

Please note that it is a superannuation compliance requirement to fill out the compulsory fields. If you use Beam, this does not populate the required compliance information, so you will need to do this manually. Please see this link for more information. Please also make sure you have selected a default nominated super fund before letting your employees begin this process.

Availability

HR Plan:   Free   Standard   Premium   Platinum
  User Access: Employee   Manager     Admin

  This is the default access level per user and whether they have  view,  edit and  delete access, excluding any changes made via our Custom Security feature.

Daily activities

Switch to a new fund
  1. Click the   Settings menu.
  2. Click the Company Settings submenu.
  3. Click the Nominated Super Fund button.
  4. Click the Update button.
    Super_1.jpg
  5. Select the Change to a New Fund option.
  6. Click the Continue button.
    Super_4.jpg
  7. Complete the following fields:
    • APRA or RSE company nominated fund details.
    • Funds contact number.
    • Website.
  8. Click the Save button.
    Super_5.jpg

Editing data

Update an existing fund
  1. Click the   Settings menu.
  2. Click the Company Settings submenu.
  3. Click the Nominated Super Fund button.
  4. Click the Update button.
    Super_1.jpg
  5. Select the Update Existing Fund Details option.
  6. Click the Continue button.
    Super_2.jpg
  7. Complete the following fields:
    • APRA or RSE company nominated fund details.
    • Funds contact number.
    • Website.
  8. Click the Save button
    Super_3.jpg

Author recommended

So you have now updated your company's super fund and you are now wondering, what next can I do. There are two recommendations I would make:

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