Information for Employers
Over the coming months we will continue to update this page with information in the lead-up to Statewide Super’s merger with Hostplus. Please check back regularly for the latest news and updates.
We’ll keep you informed
We will communicate directly with our employers in the lead-up to the merger to explain the changes it may have to your processes, your employees’ accounts and any actions you may need to take.
So that we can keep you informed of important merger information, please ensure we have your up-to-date contact details. You can update your details by contacting your Relationship manager directly or email us by clicking here.
To keep your employees informed of the latest merger news and updates, you may like to print this poster, which includes a merger page QR code, for your workplace noticeboards, download here.
A comprehensive employer guide will be made available to employers in February 2022. The guide will outline the various changes that may impact you as an employer before and after the transition.
The guide will also explain how to make your future contributions to Hostplus, whether you currently use QuickSuper or another clearing house or payroll solution.
We are holding a series of webinars to assist employers in the lead up-to the merger. The initial webinars will cover the topics below, and allow time for your questions:
- why Statewide chose to merge with Hostplus
- what the merger means for you and your employees
- actions you need to take
- a timeline of important events
- service continuity
The sessions will run for up to 45 minutes, but you'll be able to log out at any time if you need to. Register below:
Register Here | 9.30am, Wednesday 15 December
Register Here | 2.00pm, Wednesday 15 December
We understand that as a contributing employer you may have a number of questions regarding the upcoming merger between Statewide Super and Hostplus and what this means for you and your employees.
Below you will find the answers to some frequently asked questions. We will continue to update these questions and answers in the lead up to the merger.
Why are Statewide Super and Hostplus merging?
Trustees of superannuation funds must act in their members’ best financial interests at all times. This includes ensuring that the fund has sufficient and tangible growth to develop and leverage scale benefits and other advantages for the benefits of members and stakeholders.
One way to achieve this objective is through funds merging to pool their assets, in order to further enhance member outcomes.
Having undertaken extensive due diligence to examine all options available, the Trustees of both funds have decided that a merger is in the best financial interests of their respective members.
When is the merger going to happen?
Following both funds’ Trustees formally agreeing to proceed to merge, which took place in mid-December, the funds will look to complete the merger on or soon after 1 April 2022.
As an employer, how will this change affect me?
As part of the merger, your Statewide Super employer arrangements will be transferred to Hostplus.
Hostplus and Statewide Super are working together to help ensure that the transition causes minimal disruption to your business and employees. You will continue to enjoy the same level of service that you’ve come to expect from us.
The key change to be aware of is the submission of contribution payments following the merger. An employer guide will be made available in February 2022, which will include detailed information on these changes.
Will I continue to have access to local support for my employees?
Yes. As part of the merger agreement, all local jobs in Adelaide and Darwin will be preserved.
This will allow us to retain our unwavering commitment to South Australia and the Northern Territory, and we will continue to provide our excellent local employer and member services, including the Statewide Super Hub in Victoria Square (Tarntanyangga) and the office in Darwin.
What administrative impacts will the merger have on me?
A comprehensive employer guide will be made available to employers in February 2022. This will outline all necessary actions for your business to take advantage of the new arrangements with Hostplus.
The following points provide a brief overview of the administrative changes that may be required by your business.
If you currently use Statewide Quicksuper: The platform you use to pay contributions will change. After the merger, you will be able to pay contributions via the Hostplus QuickSuper clearing house platform, or alternative methods. You will also receive your Hostplus employer number and login details for the Hostplus clearing house following the merger.
If you pay contributions using another clearing house/payroll solution: After the merger date you will need to update the Superannuation Fund information for all employees currently making contributions to Statewide Super within your payroll and contribution systems, to reflect their new status as Hostplus members.
Below you can view recent communications sent to employers in regards to the April 2022 merger.
Past performance is not a reliable indicator of future performance.
The information provided may contain general advice which does not consider your specific objectives, financial situation or needs. Before making an investment decision about Statewide Super, you should consider the appropriateness of this general advice with regard to your personal circumstances, You may also wish to obtain independent financial advice.
Statewide Superannuation Pty Ltd ABN 62 008 099 223 (AFSL 243171) Trustee and RSE Licensee of Statewide Superannuation Trust ABN 54 145 196 298 (“Statewide Super”). In deciding whether to acquire, or continue to hold a Statewide Super product, please consider the applicable Product Disclosure Statement (PDS) and Target Market Determination available at statewide.com.au or by calling 1300 65 18 65.