AustralianSuper’s Finsuper division specialises in providing superannuation for people working in the financial services industries.
Finsuper members benefit from flexible investment and insurance options with a range of other competitive products and services that only a 'run only to profit members' industry fund like AustralianSuper can provide.
Fees and costs
Using the bulk-buying power of AustralianSuper, the fees and costs for administration, investment management and insurance are less than half those of the average retail super fund, which means AustralianSuper members could be up to $100,000 better off.†
Investment Performance
Over five years, invested in the Balanced investment option, AustralianSuper provided higher performance than an average retail super fund*.
Insurance
Finsuper members can take advantage of:
- cover provided 24 hours a day, 7 days week – not just when you’re at work
- premiums at discounted bulk rates, which is less than what you’d pay as an individual
- hassle-free premium payments that are deducted from your super account each month
- an option to increase cover at any time to suit your needs (subject to meeting the insurer’s health evidence requirements).
Eligibility for insurance cover
Insurance cover is available for:
- Death - up to age 70
- Total and Permanent Disablement - up to age 65.
- Income Protection - up to age 65.
Maximum cover
The maximum levels of cover for Finsuper members:
| Type of insurance cover |
Amount |
| Death |
No maximum |
| TPD |
$3,000,000 |
| Income Protection |
$50,000 per month |
Use our Insurance calculator to work out how much your insurance will cost for the amount of cover you want.
More information
More information about your insurance options - including costs, forms, beneficiaries and terms and conditions - is available in the Finsuper Division Product Disclosure Statement.
Investment choices
AustralianSuper’s wide range of 17 investment options provides flexibility to meet your investment needs.
† Based on SuperRatings Benchmark Report 2010, SuperRatings Lifetime of Difference Calculator and AustralianSuper Fee Comparator modelling of a final retirement payout based on AustralianSuper’s fees and average retail super fund fees. These figures are not predictions or estimates of actual outcomes. Differences in fees may change in the future and this may affect the final outcome. The effect of fee differences on your super balance will vary between individual super funds and may be affected by the fund’s performance. The difference is shown in today’s dollars. All fees are those published in funds’ most recent product disclosure statements. Key assumptions: starting age: 25; age of retirement: 65; starting income: $50,000; starting super balance: $20,000; investment returns: 7.225% per annum. Date of modelling: 31 December 2010.
* Source: SuperRatings Pty Ltd. Assumptions: $20,000 starting balance, $50,000 annual salary, 3.5% salaryincrease, 9% Superannuation Guarantee contributions, balanced investment option, five years to 31 December 2010.