Forum Discussion

Sofia1's avatar
Sofia1
Member
2 years ago

UNIQUE SUPER FUND missing

Hi,  I have a new employee who has listed UNIQUE SUPER FUND as their super but it is not on the list in MYOB https://super.myob.com/super_products.html   https://superfundlookup.gov.au/ has it li...
Princess_R's avatar
Princess_R
MYOB Moderator
2 years ago

Hi Sofia1,

 

Thank you for your post. 

 

I understand your concern about the "UNIQUE SUPER FUND" not being listed in MYOB products. This is because if the missing super fund type is a "Small APRA Fund,"  it will not be added to the MYOB products or SUPER DUPER. There are around 8000 small APRA funds that are not supported through MYOB.

 

The reason for this is due to the complexity and diversity of these funds. Each of these small APRA funds has its own unique set of rules and regulations, which makes it challenging to standardize and integrate them into our system. I would recommend reaching out directly to the superfund on how you can proceed with the employees’ contribution to their fund.

 

Feel free to post again if you need further assistance.

 

If my response has answered your inquiry, please click "Accept as Solution" to help other users find this information.

 

Cheers,

Princess

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