For Employers….it must be paid for your employees to provide for their retirement.
The minimum you must pay on top of their wages is called the Super Guarantee.
For SMSF’s….you must meet the sole purpose test. This means your fund needs to be maintained to provide retirement benefits to your members, or to their dependants if a member dies before retirement. As a SMSF trustee, you need ensure it complies with the sole purpose test at all times, including when investing fund assets and paying benefits to members.
Make sure you get advice.