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Introducing choice of superannuation fund
From 1 July 2005, employers will be required to comply with "choice of superannuation fund" legislation.
This information has been created by your Scheme and FuturePlus to provide employers such as yourself with information regarding your obligations and with information that will re-assure your employees about the benefits of being a member of the Local Government Superannuation Scheme.
If you have not already been bombarded by media comments about the introduction of choice of superannuation fund, you will be shortly. The information provided helps you unravel some of the complexity of the legislation, and provides a helpful summary of your obligations and your members' options.
We will also show you and your employees that the Scheme, with its low fees and commitment to service, stacks up well against the "for profit " retail superannuation funds that are likely to be spending lots of money on advertising and commissions.
If you have any further questions please email us at info@lgsuper.com.au, or phone us on the Employer Helpline 1800 636 441.
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