Introduction

A stapled super fund in a super account that has been linked to an individual employee through the ATO. It is a fund that can follow an employee from job to job, and helps employers obtain a valid account to pay their super contributions into.

Context

Xonboard automates the process of requesting an employee's stapled super fund. What this means is that Xonboard will automatically request an employee's stapled super fund from the ATO, and then presents it to them as an option when making their choice of super.

This helps employees find their existing super fund details instantly. They can then opt to choose their stapled fund directly in the super choice form.

As stapled super fund details come straight from the ATO, this reduces the risk of incorrect details

Completing a stapling request is also required before you can set an employee up with the default fund provider in instances they do not provide a choice of super. Having this automated will mean you have already met your compliance obligations in requesting their stapled fund details before registering them with the default.

🎓 To learn more about stapled super funds, check out the ATO website.

📚 To read more about the automated super stapling and the ATO connection in Xonboard, check out our stapling information pack.

Questions

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