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Clearing house

If you are paying into more than one fund, CareSuper clearing house facility SUPERClear, allows you to make one payment to CareSuper which will then be distributed to all other funds chosen by your employees.

 

You can access the SUPERClear clearing house facility free of charge if CareSuper is your nominated Employer fund (default fund) and you contribute to CareSuper for at least 50% of your workforce. With choice of fund legislation now allowing employees to choose their superannuation fund, this service enables you to submit information and payment instructions conveniently online. Your instructions are collated, a single deduction is made from your nominated bank account and then distributed to various funds, in accordance with your instruction. It's that simple! 

Using the SUPERClear clearing house facility also allows you to maintain your employee records in an orderly fashion for auditing purposes.