For over 36 years Cbus has been passionate about maximising retirement outcomes and working in the best interests of our members of the building, construction, and allied industries.
With around $54 billion in funds under management, Cbus invests back into your industry, creating jobs through our subsidiary company Cbus Property Pty Ltd, and stimulating economic growth.
We are committed to providing members with strong, long-term investment returns while also providing excellent super service for businesses.
With Cbus, you can expect simple administration, superannuation expertise and reliable service when and where you need it.
The super environment is ever-changing making it complex to navigate at times, which is why we are here to support and keep you informed about legislative or other industry changes so you can focus on what you do best – building your business.
Choosing a ‘default’ super fund for your business
All businesses need to choose a default super fund in order to make SG super contributions to employees who haven’t chosen to go with their own preferred super fund.
When a new employee begins working for your business, you’re required to provide them with a ‘choice form’ within 28 days from their start date. If they don’t choose their own preferred super fund, you’ll need to pay their super contributions to your nominated ‘default’ fund.
The super fund you nominate must be:
- a complying fund
- registered by the Australian Prudential Regulation Authority (APRA) to offer a MySuper product.
As a super fund that meets both requirements, Cbus can help make it easy for you to manage your employee super contributions through our online payment system.
Our dedicated and experienced state-based teams can help get your super sorted so you can get on with running your business.
Call 1300 361 784 or visit cbussuper.com.au for assistance.
Note: This information is about Cbus and the figures are correct as at 30 June 2020. It doesn’t take into account your specific business needs, so you should look at your own financial position, objectives and requirements before making any financial decisions. Read the Cbus Employer Handbook and related documents to decide whether Cbus is right for you. Contact 1300 361 784 or visit www.cbussuper.com.au for a copy. For more information on Cbus investments and products visit our website. Past performance is not a reliable indicator of future performance.