All self-managed super funds (SMSFs) now need to be able to receive SuperStream-compliant contributions. To do this, you will need to provide the following details to your employer. Your:
- SMSF Australian business number (ABN)
- SMSF bank account details to receive the contributions
- an active electronic service address to receive the data associated with the contributions.
If this information is not provided to your employer they may direct your contributions made on your behalf to the employer default fund.
As an SMSF trustee, you can get an active electronic service address from an SMSF messaging provider.
More than 200,000 SMSFs have already registered and have obtained an active electronic service address and are ready to receive SuperStream contribution data from their employers.
You need to check with your electronic service address provider that your address is active before you give it to your employer. You should only use an electronic service address where you have permission to do so from your provider.
If your SMSF’s electronic service address isn't active, your super contributions may not reach your SMSF.
If your SMSF doesn't have an active electronic service address, you can obtain one from an SMSF messaging provider.