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We’re making stapling easier for you

by Beam

|

06/09/2024

Our new Stapled Fund Request feature makes stapling easier for employers.

Streamline your stapling obligations with Stapled Fund Request (SFR), the newest feature now available through Super Fund Onboarding (SFO). With SFR, you can request stapled fund details for your employees directly from the Australian Taxation Office (ATO) as part of your onboarding process without needing to leave SFO. SFO is a digital onboarding solution, created by Beam, part of the Australian Retirement Trust group. You access it through Employer Online. Learn more about SFO.

It helps employers make light work of employee onboarding and supports your super obligations by turning manual, paper-heavy onboarding processes into a quick, simple and secure digital experience. At the click of a button, you can add new employees, invite them to validate their details and complete their super choice and tax file number declaration. And now, you can also use SFO to streamline your stapling obligations with SFR.

How Stapled Fund Request works

SFR lets you request stapled fund information for your employees from the ATO from within the SFO platform.

Simply submit your request with a few clicks of a button and you’ll get a response with the information you need to meet your stapling obligations quickly and easily. Plus, you’ll be keeping all your employee’s information in one secure place.

So, next time you have an employee who doesn’t make a valid super fund choice, all you need to do to meet your stapling obligations is enter your employee’s details and click a button to submit. No extra forms, all securely online and within one place.

We’ve updated our SFO Employer User Guide with more information on SFR, including how you can activate it in your SFO account now.

Accessing the SFO platform and SFR is easy

Login to Employer online to access SFO and SFR
IMPORTANT INFORMATION

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. 228 975) as trustee for Australian Retirement Trust (ABN 60 905 115 063). This is general information and does not take into account the specific objectives, financial situation or needs of your business. You should consider if it’s right for your business and consider the relevant Product Disclosure Statement (PDS) before deciding to acquire or continue to hold any financial product. For a copy of the PDS, please speak to your payroll software provider.

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