this is simple, but important

Things you need to know 

We are authorised to collect your tax file number (TFN) under the Superannuation Industry (Supervision) Act 1993 (SIS). Supplying your TFN is voluntary, and it is not an offence if you choose not to provide it.

We are required by law to take the necessary steps to properly safeguard your TFN, and our intention is to use it only for lawful superannuation purposes, including to facilitate the search for and consolidation of your superannuation accounts, by seeking information from the Australian Taxation Office (ATO) and/or a superannuation entity.*

A record of your TFN will be made for ongoing taxation and superannuation purposes. We may disclose your TFN to another superannuation provider if your benefits are transferred, unless you instruct us in writing not to disclose it to any other fund.

*Please note: future legislation may result in changes to these purposes.

Why should I provide my TFN?

• HESTA will be able to accept all permitted types of contributions to your account;

• other than the tax that may ordinarily apply, you will not pay more tax than you need to — this affects both contributions to your superannuation and benefit payments when you start drawing down your superannuation benefits; and

• it will make it much easier to find different superannuation accounts in your name so that you receive all your superannuation benefits when you retire.