Before your superannuation contributions can be allocated, you'll need to nominate your preferred super fund. Your employer or agency may enter these details on your behalf, or may request that you enter them in your portal.
The below process can be used to nominate a super fund if you:
- are a non-PAYG employee who is entitled to superannuation;
- are a PAYG employee who has not opted in; or,
- have previously nominated a super fund and would like to make changes to the details.
The information below is a guide for nominating a superannuation fund if you haven't opted in to the Flare onboarding wizard, or for changing your superannuation fund if it has already been allocated. For information on how to nominate a super fund via the Flare Super Wizard, please see this article.
Select a Super Fund
Your super fund is managed in the Profile > Tax & Super tab of your portal. If you haven't nominated a super fund previously, you will see the option to Select Super Fund.
If you have previously nominated a super fund and you are changing your super details, you will see your current details in Step 2: Superannuation Information. You can overwrite your fund details by clicking Select Super Fund.
From the popup Superannuation Fund Wizard window, choose one of three options:
- Use super fund nominated by employer
- Keep Existing Fund
Nominate a Super Fund using the USI or ABN
With the introduction of SuperStream, all APRA regulated superannuation funds have a USI (Universal Superannuation Identifier). The USI replaces the SPIN as the identifier of a specific superannuation fund and product.
If the fund that you are trying to nominate has only provided you with a SPIN, you will need to contact your super provider to request a current and valid USI.
To update your super fund, you can use the USI or the ABN of your preferred super product.
Enter a USI or ABN to search for a fund > Next.
Choose the correct fund and product from the list > Next.
Enter the employee’s Account Name and Member Number.
If the fund does not appear in the product list, select 'My fund is not listed here' and then ‘My fund is an APRA fund or retirement savings account (RSA)’ and click Next.
You will need to enter the fund details in the fields provided. You'll also be able to upload a document stating that the fund is compliant and accepts SuperStream contributions. This document can be provided by your super provider to confirm that any super amounts that are paid into your fund can be processed, received and allocated to your super account.
Nominate a Super Fund to a Self Managed Super Fund
To update your super fund after it has been initially set up, click Edit Super Fund and then:
Enter the ABN of the self managed super fund > Next.
Select ‘My fund is a self-managed super fund (SMSF)’ > Next.
Complete the fund details that are requested. Mandatory fields are marked with an asterisk.
Choose one of the three options to declare that the SMSF is compliant and will accept SuperStream contributions:
Keep the Existing Fund
If a super fund has already been set, selecting Keep the Existing Fund allows you to manually enter the details for your current fund. This can be used if your account name or member number need to be updated or if any of the details for the fund need to be revised.
Select Keep Existing Fund > Next.
Enter the details for the APRA regulated fund or Retirement Savings Account (RSA). All fund fields are mandatory. Account name and member number need only to be supplied if relevant.
Attach a Certificate of Compliance to validate that the fund complies with SuperStream requirements and will accept contributions that you make.