What does Choice of Super mean for employers?

Choice of Super was introduced from 30 March 2012 to give employees the freedom to choose their own super fund, and to encourage people to take control of what may be their biggest source of retirement savings.

Choice of Super was a result of updates to the State Superannuation Act 2000. Most employees (there are some exceptions) are able to choose another complying super fund to have their employer Superannuation Guarantee (SG) contributions paid to.

For employers, this means you may have to pay super contributions to more than one super fund.