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It’s easy to update your default super fund in Beam

Making a change to your default fund

Choosing a default fund that’s right for your business and your employees is important. The right super fund can help meet your super obligations and support the future financial wellbeing of your employees. That’s why it’s essential to choose a super performer that has your business and your employees’ interests at heart.

Here are five important factors to consider when choosing a superannuation default fund:

  • Whether you are covered by an Award or Enterprise Bargaining Agreement that requires you to pay to a particular fund.
  • The fund you choose as a default super fund must be a complying fund and be registered by the Australian Prudential Regulation Authority (APRA) to offer a MySuper product.
  • Carefully consider your options and consult Product Disclosure Statements and Target Market Determinations before deciding to choose a superannuation fund as your default.
  • You must provide a Superannuation standard choice form with the details of your chosen fund within 28 days of a new employee joining.
  • You must also provide a Superannuation standard choice form to any existing employees if you change the default fund you pay their contributions to within 28 days of the change*.

    *Please note that you are unable to change the default arrangements for existing employees through Beam.

Once you’ve made the choice to change your default fund, follow the steps below to update your preferences in Beam.

5 simple steps to making a change to your default fund in Beam

Step 1: Login to your payroll and select ‘Beam Registration’


Step 2: Click through to step 3 in the wizard, ‘Default fund’


Step 3: Adding or removing a default super fund.

Search for your preferred super fund name and click ‘Next’. For instance, to choose Australian Retirement Trust simply type ‘Australian Retirement Trust’ into the search field and click ‘Next’. The option of adding more default fund is available (if required). To remove a default fund, simply click on the ‘X’ button.

Adding or removing a default super fund will not affect your existing employees’ super arrangements. Selecting a new default super fund in Beam means you nominate the new chosen super fund to make Superannuation Guarantee (SG) payments on behalf of employees who haven’t chosen their own fund (or don’t have an existing stapled fund).


Step 4: Accept the terms and conditions


Step 5: Don’t forget to inform new employees

Once you’ve decided to change your default super fund, make sure you advise your employees of your new default super fund and provide them with a Superannuation standard choice form within 28 days. Find out more at

Experience the Australian Retirement Trust difference

When you choose Australian Retirement Trust as your default super fund, your employees who don’t choose their own fund (or don’t have an existing stapled fund) can benefit from a range of features and benefits.

  • Profit for members – we’re committed to returning profits to members as lower fees and better services.
  • A focus on delivering strong long-term investment returns1 – to help grow their balance.
  • Flexible insurance cover – to help protect them and their family.
  • Financial advice – access expert financial advice about your super account.2
  • Rewards – offering discounts on shopping, fitness, entertainment and more!
  • Australian Retirement Trust app – packed with features to help your employees manage their super.

More details about the benefits Australian Retirement Trust offers to its members can be found in the Product Disclosure Statement (PDS)

This document is current as at January 2023. Beam is issued by Precision Administration Services Pty Ltd (Precision), ABN 47 098 977 667, AFSL No. 246 604. Precision is wholly owned by Australian Retirement Trust Pty Ltd ABN 88 010 720 840, AFSL No. 228975, as Trustee for the Australian Retirement Trust, ABN 60 905 115 063. Australian Retirement Trust products are issued by Australian Retirement Trust Pty Ltd. The information about Beam on this page is provided by Precision. The information on this page about Australian Retirement Trust is provided by Australian Retirement Trust Pty Ltd.

1Past performance is not a reliable indicator of future performance. The Australian Retirement Trust Super Savings Balanced option has adopted the pre-merger investment strategy of the Sunsuper Balanced option. The Super Savings Balanced option has identical investments to the Balanced Pool in the Lifecycle Investment Strategy. Members invested in the Lifecycle Investment Strategy are invested 100% in the Balanced Pool until age 55.

2Our qualified financial advisers provide intrafund advice about your Super Savings account. This advice is included with your membership. Australian Retirement Trust employees provide advice as representatives of Sunsuper Financial Services Pty Ltd (ABN 50 087 154 818 AFSL No. 227867) (SFS), wholly owned by the Australian Retirement Trust. Eligibility conditions apply. Refer to the Financial Services Guide (FSG) for more information.Australian Retirement Trust has established a panel of accredited external financial advisers who are not employees of Australian Retirement Trust. Australian Retirement Trust is not responsible for the advice provided by these advisers and does not receive or pay any referral fees. These advisers will explain to you how their advice fees are determined.

This document contains general advice and does not take into account the account the objectives, financial situation or needs of any particular individual or business. You should consider if the advice is appropriate to your own circumstances before acting on it. Outcomes are not guaranteed. Past performance is not a reliable indication of future performance. You should also consider the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before deciding to acquire or continue to hold any financial product.