Join Sunsuper's Chief Economist and Head of Advice and Retirement as they discuss investments, super and how to achieve your retirement dreams. Due to the newly introduced USI Number, you should look into whether you actually need a SPIN number or a USI number.ABN stands for Australian Business Number. It is used to provide details about your chosen super fund to your employer.
They delivered a set of guidelines for the standardaisation of the identification number system used for Superannuation funds & services in Australia. The initiative was supported (and quickly adopted) by the superannuation industry.This information is provided for historical context, as SPIN number have become largely redundant. Taking Sunsuper with you is simple and you’ll continue to enjoy the benefits of your membership. RSE's are issued in accordance with section 56 of the Australian Prudential Regulation Authority Act 1998 and Part 11A of the Superannuation Industry (Supervision) Amendment Regulations 2004 (No. Will we use your feedback to improve your Sunsuper online experience. © Sunsuper. So a super fund may offer a retail superannuation plan and an employer superannuation plan and each of these would have a separate SPIN for identification purposes. A SPIN number identifies a super fund product, as opposed to the business entity, fund or trustee. We’re proud to be named SuperRatings’ 2020 Fund of the Year for offering the best-value end-to-end product for our members. Please Discover the valuable benefits Sunsuper membership entitles you to. The purpose of the SPIN was to provide an identifier at the product level, separate from those identifiers at the entity/legal structure level, such as the ABN or SFN. A superannuation letter of compliance is also called a complying fund statement. Finally, taxation (GST). It is a free service (just like SuperNumber) and available to the public via their website.It was the Super EC Council that first announced the initative to introduce SPIN numbers. There can be penalties associated with generating & sending invoices that do not have an ABN present.ABR is the Australian Business Registry service provided by the Australan government. Is it time to take charge? Sunsuper can help you by emailing your new employer a pre-filled form that includes our USI and other details your employer will need to continue paying your super into your Sunsuper account. We have no shareholders to pay and profits are returned to members through low administration fees, product innovation and enhanced services. You business activity needs to serious, not a hobby. Have you registered as an adviser with Sunsuper? Sunsuper is the award-winning, profit-for-members super fund named both Chant West’s and SuperRatings’ 2020 Fund of the Year, and Money magazine’s Best MySuper Lifecycle Product 2020. Employees are not applicable for an ABN, you would need to be a self contractor of some nature (the business would generally request an ABN from you, if it's applicable). Please update your browser to the latest version.Sunsuper members have access to offers and discounts on holidays, experiences and every day items.Information and inspiration to help you plan your future, manage your super and enjoy your retirement.We support local causes that help improve the lives of many Australians and our communities.We exist only to benefit our 1.4 million members, which means we return our profits as better services and lower fees, and our members truly sit at the heart of everything we do.We exist only to benefit our 1.4 million members, which means we return our profits as better services and lower fees, and our members truly sit at the heart of everything we do.Sunsuper is the award-winning, profit-for-members super fund named both Chant West’s and SuperRatings’ 2020 Fund of the Year, and Money magazine’s Best MySuper Lifecycle Product 2020.