Merger of Sunsuper and Q Super - New fund
Hi Everyone With the merger of Sunsuper and Q Super - I'm not sure 100% sure how to change over for my employees. Do I just take them out of the Sunsuper account and move them to the ART new acc...
Forum Discussion
I have been sent an email with an updated USI for Australian Retirement Trust ( Previously Sunsuper).
The USI is now: 60 905 115 063 003. Will MYOB be updating this? I also have one employee who has a QSuper fund and their USI remains the same (60 905 115 063 001) will there be some sort of differentation within MYOB for this?
Hi LinLeo,
Thanks for your post and welcome to the Community Forum ! Are you able to provide the ABN of both the superfunds so I can take a look into this for you.
Melisa_D wrote:Hi LinLeo,
Thanks for your post and welcome to the Community Forum ! Are you able to provide the ABN of both the superfunds so I can take a look into this for you.
Hi Melisa, Below is an excerpt from the email
Key changes for you as an employerPlease update our Unique Superannuation Identifier (USI)
From 1 July 2022 Australian Retirement Trust’s USI will change to 60 905 115 063 003.
Please be aware that the previous Sunsuper USI 98 503 137 921 001 will cease on 30 June 2022.
Employers are required to update their employees contribution details to the new Australian Retirement Trust USI from 1 July 2022.
If you’re making contributions for any QSuper members there is no change, please continue to use USI 60 905 115 063 001.You have...
Employer Payment Details from 1 July 2022
Australian Retirement Trust members (Previously Sunsuper)
ABN: 60 905 115 063
USI: 60 905 115 063 003QSuper members
ABN: 60 905 115 063
USI: 60 905 115 063 001, or
USI: 60 905 115 063 002Don't worry, there will be a transitional period between 1 July 2022 and 31 October 2022 should you be unable to update your systems to the new USI and we’ll continue to accept your contributions during this period. We'll send you a reminder to let you know that you will need to update the USI.
From 1 November 2022 contribution data and funds will be rejected if you continue to use the former Sunsuper USI and any contributions will be returned to you.Hi LinLeo, financehouse05,
Thanks for the details. As per that email the changes take into effect from 1st July 2022, the details should be updated when required. In the mean time the previous USI is listed on the MYOB Superfund list.
Do let us know if you have any further questions.
Has this query been resolved as I am trying to change my employees sunsuper USI over to the new one for Australian Retirement Trust. The USI for sunsuper was 98 503 137 921 001 and it should now be changed to 60 905 115 063 003 for Australian Retirement Trust.
I tried to change also and couldn't. I think we have to wait till the 1st of July to change
