What is a default super fund?
- If you do not or cannot choose a super fund your employer will pay contributions into a default super fund.
- Usually the default super fund is named under an industrial award agreement. From 1 January 2014 the default super fund is a MySuper account.
- Employees cannot request their employer to change their super fund more than once in a year.
Read some more FAQS from our Superannuation section