AXA – helping you manage your Super Choice record-keeping obligations

The Super Choice legislation stipulates employers should keep a record of information pertaining to the offer of Super Choice to employees.

AXA has therefore developed a simple tool that is available to all employers to download – free of charge.

The tool is designed to help employers manage their Super Choice record-keeping obligations.

Using the tool, employers can record:

• details of employees not offered Choice and why;
• records confirming the employer fund meets insurance requirements;
• records showing the standard choice form has been given to eligible employees;
• copies of written information from employees about their chosen fund;
• reasons why employee nominated funds are rejected; and
• details of when contributions were first made to chosen funds.