Amend superannuation contributions

The trustee of a superannuation fund can only amend a contribution in limited circumstances. In order for the trustee of the Macquarie Superannuation Plan (“the Trustee”) to amend a contribution, it must be satisfied that any incorrect classification of a contribution occurred:

• contrary to the original intentions of the remitter (the person or entity that made the contribution), and
• as the result of an administrative error.

The submission of any documentation that is requested by the Trustee as part of its consideration does not guarantee the approval of the request. Each case is individually assessed and, as part of the review process, the Trustee may request additional documentation or information.

This information is limited to amendment requests for the following contribution types:

• employer (super guarantee, salary sacrifice and other),
• personal non-concessional, or
• spouse.

We need to ensure the amendment is within regulatory guidelines. To do this, we need to understand the circumstances that resulted in the incorrect classification of the contribution. This explanation needs to be provided by the remitter.

We request proof of source of funds for contributions not made via SuperStream in order to confirm where the funds originated from. This helps us establish the intended classification of the contribution.

SuperStream is an electronic means of sending money and data to super funds. All employers are required to use SuperStream to send employer contributions to super funds.

Contributions made via BPAY® or electronic funds transfer (EFT) into a super account are not SuperStream transactions.