SuperStream countdown, are you ready?

SuperStream is part of the Government's Stronger Super reforms and aims to increase the efficiency of super transactions.

What it means for employers

SuperSteam will introduce new data and payment standard measures for super contributions, electronic registration and maintenance requirements. For employers it will mean:

  • You must pay super contributions electronically in an industry approved format - no more cheques.
  • You must provide information about your employees electronically - no more paper and the data must be in an industry approved format.
  • Registration of new members to your default fund and all updates (such as change of address, employment terminations) must be sent electronically in an industry approved format. 

What are the deadlines?

Number of employees Current ATO compliance requirements
Medium to large employers (20 or more employees) Large employers will have until 30 June 2015 to meet the requirements.
Small employers (19 or fewer employees) Small employers will have until 30 June 2016 to meet the requirements.

What payment methods can employers use?

The standards will require changes to existing payment methods and some may no longer be compliant.

AMP’s services are already set up to ensure you make compliant super contributions.

You can get a head start on making compliant super contributions to AMP members simply by using our online services, such as AMP eSuper or AMP Super Online today.

How to prepare for SMSFs

Ahead of transitioning, you need to obtain from each SMSF:

  • Australian business number (ABN)
  • bank account details (BSB, bank name, bank account number)
  • their SuperStream electronic service address (IP address of URL).

What does ready look like?

To meet the standard, employers need to:

  • Provide the minimum data set in the required electronic format, using the standard terms and message.
  • Make payments to each destination fund electronically.
  • Ensure payments and data are linked using a unique payment reference number (this will be automatically supplied via compliant payment methods).
  • Meet minimum performance standards, including sending money and data the same day. 
  • Respond to fund requests for missing information or queries on members within 10 days.

To speak with one of our team about the AMP eSuper service call 1800 802 266 or email

More information

Visit the ATO’s website: or visit the AMP website for more information about these regulatory changes.


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© AMP Life Limited. This provides general information and hasn’t taken your circumstances into account. It’s important to consider your particular circumstances before deciding what’s right for you. Although the information is from sources considered reliable, AMP does not guarantee that it is accurate or complete. You should not rely upon it and should seek qualified advice before making any investment decision. Except where liability under any statute cannot be excluded, AMP does not accept any liability (whether under contract, tort or otherwise) for any resulting loss or damage of the reader or any other person.

Information in this document is based on current understanding of requirements which are subject to change if further legislation/regulations or ATO guidance is introduced.

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