Protecting Your Employees

All employers have to deal with the additional administration of employee superannuation - but it doesn’t have to be a burden.

Simple administration is a pre-requisite for an effective corporate superannuation plan. Make sure you’re not spending time on a cumbersome and complicated super system!

Not only should your plan be designed to help provide financial security in retirement for your employees, it’s a great idea to have the option of providing them with comprehensive life and total and permanent disability insurance cover.

Why? Many of your employees will possibly not take out personal life policies, so a compulsory superannuation fund that provides the option of personal and life insurance cover can be very attractive. Offering life insurance and total and permanent disability cover with superannuation can help attract and retain employees.

You can tailor a superannuation plan to meet your needs and budget as well as providing an attractive superannuation and insurance solution for your employees. Take a look at further information on  Employer Super, or contact a Business Banker for a personal chat and review of your needs.

Remember, your super choices now could affect the financial future of your employees, so it’s important to regularly reassess the superannuation arrangements you have in place for your employees.

Important information about advice
The advice on insurance and superannuation is provided by CommInsure and has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. View CommInsure's Financial Services Guide (PDF 33kb).