Nominating a default fund

Nominating a default fund

Choose the right default fund and you’ll only need to do it once.

Every employer needs to choose a default super fund for their employees. It enables your employees who can’t or don’t select a super fund to still receive their super guarantee (SG) contributions.

Choosing us as your default fund

We’re an award-winning Industry SuperFund and a profit-to-member fund, meaning our decisions have our members’ interests front of mind. We have a strong investment performance record,* believe in active investing to improve the net returns for our members, a competitive insurance offering and an authorised MySuper option.

We care about helping our members achieve their personal goals and improving their financial wellness at every stage of their life. Our members – your employees – have access to a range of extra benefits and services when they join us.

Nominating CareSuper as your default fund is simple. You can join CareSuper in a few easy steps.

If you’re searching for the right default fund, compare super funds carefully to make sure the one you choose meets the ATO’s minimum requirements, but also suits your business and your employees’ needs.

The final choice is up to your employees

Most employees are eligible to choose which fund their super goes to.

When a new employee joins your company, you have 28 days to provide them with a standard Choice form (if CareSuper is your default fund, you can use this form). If they don’t choose a fund, their contributions will go into your nominated default fund.


* Past performance is not a reliable indicator of future performance and you should consider other factors before choosing a fund or changing your investments.