Participating employer application form
For businesses with over 15 employees
Complete this application form to join Mercer Business Super (which forms part of the Corporate Superannuation Division of the Mercer Super Trust) as a participating employer. Once your application is processed, a new default employer account will be opened, which will allow you to create default accounts for your employees.
You will also be eligible to apply for access to the Mercer QuickSuper clearing house, our online SuperStream platform, free of charge. Mercer QuickSuper clearing house allows you to make compliant superannuation contributions electronically for any default or choice accounts.
Please note, if you have less than 15 employees, please complete this form instead. If you need assistance, please call the Helpline on 1800 682 525.
Step one
Primary contact details
Secondary/Payroll contact details
Step two
Your Welcome Email will confirm the fee arrangement applicable to your employer account. For more information on the fees and costs applicable in Mercer Business Super, please refer to the Product Disclosure Statement and associated documents.
Would you like to cover the fees applicable to your employees who are members of Mercer Business Super?
Yes, I would like to pay the fees for my employees who are members of Mercer Business Super
No, I do not wish to pay the fees for employees who are members of Mercer Business Super
Step three
A minimum level of Death and Total Permanent Disablement (TPD) is required to be provided to eligible employees under superannuation law.
As you have more than 14 employees, there is an option for you to choose from a select list of insurance designs for Death and TPD cover. Alternatively your eligible employees will have five (5) units of standard cover.
Please let us know if you’d like to discuss these options.
Yes, I would like to discuss the alternative insurance design arrangements
No, I am happy with the default five (5) units of Standard cover for my employees
There is also the option for you to pay the Death and TPD premiums for the participating employees
Yes, I would like to pay the Death and TPD premiums for my employees who are members of Mercer Business Super
No, I do not wish to pay the Death and TPD premiums for my employees who are members of Mercer Business Super
On top of the standard Death and TPD cover, Income protection is available for eligible employees. Eligible employees are those who are permanent employees working 15 hours or more per week and generally equal 75% of the employee’s salary, with a benefit payable until age 65. Casual employees or contractors working 15 hours or more per week are eligible for cover but a benefit is only payable for 2 years.
Yes, I would like my eligible employees to have Income Protection cover, and understand Mercer will call me to discuss within five business days
No, I do not wish for my employees to have Income Protection cover
If you answered yes to the above, there is also the option to pay the Income Protection cover premiums for your eligible employees
Yes, I would like to pay the Income Protection premiums for my employees who are members of Mercer Business Super
No, I do not wish to pay the Income Protection premiums for my employees who are members of Mercer Business Super
Step four
If applicable, please provide the details of the Participate Employer's financial adviser.
If there is no dealer group or financial adviser please proceed to Step Five.
Step five
We collect, use and disclose personal information about you and your employees (collectively, “you”) in order to manage the superannuation benefits we provide to you and to keep you up to date with information about Mercer Business Super and your interests in it. Our Privacy Policy outlines the type of information we keep about you and how we, and any organisations we appoint to provide services on our behalf, will use this information. If you do not provide the personal information requested, we may not be able to manage your superannuation. You can read our Privacy Policy online at mercer.com.au/privacy or you can obtain a copy by calling the Helpline on 1800 682 525.
The Policy also includes details about how you may lodge a complaint about the way we have dealt with your information and how we will handle that complaint.
Step six
Before submitting this application, you should read and understand the Product Disclosure Statement (and its incorporated documents) for Mercer Business Super and the governing rules of the Mercer Super Trust and the Corporate Superannuation Division which govern the rights and obligations of employers. You can obtain a copy of the Product Disclosure Statement at mercersuper.com.au/pds and the governing rules constituting the Mercer Super Trust and the Corporate Superannuation Division at mercersuper.com.au/documents/governance-and-trustee-documents, or by calling the Helpline on 1800 682 525.
The Participating Employer named on this application form hereby:
- declares the details given in this application form are complete, true and correct;
- applies for admission and default fund status as a participant in Mercer Business Super in accordance with the terms and conditions of the governing rules constituting the Mercer Super Trust and the Corporate Superannuation Division with effect from the date the application is processed (the Commencement Date);
- acknowledges that neither the trustee nor any of its related companies guarantee the repayment of capital or the investment performance of Mercer Business Super;
- agrees to pay to the trustee from time to time the fees, taxes, expenses and insurance premiums (if any) which the Participating Employer has agreed to pay in relation to Mercer Business Super;
- acknowledges that any incorrect information or failure to disclose material information about an employee member may result in avoidance or reduction of insurance cover provided to the extent that it relates to a specific employee and is reasonably relevant to that specific employee’s application for cover or existing cover;
- acknowledges that the provision of insurance cover is subject to the terms and conditions of the insurance policy held by the trustee from time to time;
- agrees to the appointment of the nominated adviser in Step four for the purposes of providing financial services to employees that are members of the Participating Employer plan. The nominated Adviser is given access to employer and employee member superannuation account details with the authority to make enquiries on behalf of the employer. The nominated Adviser can only enquire on an employee member’s behalf with the express written consent from the employee member; and
- authorises the trustee to accept the signature(s) of the person(s) nominated below for the purposes of nominating new employees, authorising requests for payment of benefits or for any other purpose relating to the administration of the plan.
Executed by an authorised representative of the Participating Employer.
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