Your Toyota Super in Equip member account is a ‘fund for life’ – whether you’re changing jobs, or leaving the workforce entirely, you can stay with the fund and enjoy the benefits of being a member.
If you are moving to a new job you will simply need to let your new employer know that you would like your superannuation contributions paid into your Toyota Super in Equip account. You can do this by completing the Superannuation Standard Choice form and returning it to your new employer.
Toyota Super in Equip supports you throughout your entire career and into retirement. You can learn more about Equip’s retirement options here, or speak to one of our Financial Planners on 1800 065 753.
From 1 November 2021, as an employer you need to undertake a stapled fund search if the new employee doesn’t give you a completed Standard Choice Form nominating their chosen fund. The stapled fund search can be done by logging into the ATO online services and entering the employee’s details. If a stapled fund exists, super contributions must be paid into that fund.