SuperStream standards: Are you ready to receive self-managed superannuation fund details?

4 March 2014

The ATO has recently written to trustees of self-managed super funds (SMSFs) with links to employers with 20 or more employees about the changes to processing super contributions under SuperStream.

The letter advises trustees that SMSFs preparing to receive SuperStream contributions from employers with 20 or more employees will need to provide employers with the following information by31 May 2014:

  • SMSF bank account
  • electronic service address.

How does this affect employers?

Employers may need to collect and store this SMSF information in preparation for integrating into their SuperStream solution.

There is no prescribed format for providing this information. We ask employers to support various channels including email to receive this information.

Employers are also encouraged to talk to your HR or payroll solution provider about how to store and integrate the new data within their HR or payroll software.

Changes to Choice form

An updated Choice form will be released in the coming months. New nominations of SMSFs as the choice of fund will need to include their ABN, bank account details and electronic service address in this form to support employer contributions made using the SuperStream standard.

For more information

Find out more about SuperStream at or email [email protected]