If you have employees who are eligible for Super Choice, you'll need to specify an employer fund (also called the 'default fund') - which is the fund that will receive contributions for any employees who don't choose their own fund. However, this may have little impact on your existing super arrangements.
Where contributions are currently made under Federal or State awards (also known as 'notional agreement preserving state awards' or NAPSA), the employer fund must be the award specified fund. Or if the award specifies several funds, you must choose one of those as your employer fund. Which means that if you do have to offer Super Choice, you may not have to make significant changes regarding your staff's primary super fund.
From 1 July 2008, these awards will no longer contain 'allowable' superannuation provisions. Until that time, any fund specified in these industrial arrangements will be referred to as a 'default fund'.
If you do need to nominate an employer fund, choosing HOSTPLUS will not only keep the administration of your staff super to a minimum, it's also the right choice for your employees' financial future.