What is "mysuper"

MySuper is part of the Stronger Super reforms announced in 2011 by the Julia Gillard-led government for the Australian superannuation industry. From 1 January 2014, employers must only pay default superannuation contributions to an authorised MySuper product. Given that the majority of employees do not deviate from their employers default fund, it is expected that the majority of Australians would be in a MySuper product from this date.