Wednesday, 26 July 2017

Online choice of fund design consultation

This ATO consultation seeks feedback on the design of the online choice of fund form. AIST maintains that the form must list the default fund, including details in the current choice form, provides an up to date listing of employees’ existing super funds together with information about balances, insurance, recent contributions and MySuper status, contains the same level of consumer protection as the current choice form and undertakes further consumer testing.