How to choose the right super fund

Choosing a super fund is a big call and can have a significant impact on your future. It’s important to know what makes a good super fund, and what to look out for – so you can make the right choice.

6 things to look for when choosing a fund


Performance for the long term

Performance for the long term

The performance of your super fund can make a big difference to your balance when you retire. Choosing a fund that has a history of strong, long-term returns1 can help you make the most of your super and save more for retirement. When you compare funds, consider past performance – and ensure you’re looking at the net benefit. That’s the investment returns delivered to you by your fund minus admin fees, investment fees and taxes you’re charged on those investment returns.

See how our performance stacks up

Choose low fees to help you save

Choose low fees to help you save

Super funds charge administration and investment fees to cover the cost of managing your account and investing your money. Not all funds charge the same amounts, or in the same way. Some funds charge a set fee and some charge a percentage of your account balance – while some charge a combination of the two.

Our fees and costs

Know the type of fund

Know the type of fund

In Australia, there are a range of types of super funds - including industry super funds and retail funds. As Australia’s largest Industry super fund we are run only to benefit members, we don’t pay dividends or profits to shareholders like retail funds, instead, that money goes back to members. We choose to focus on providing strong, long term performance to benefit all 2.4 million members.

The importance of insurance

The importance of insurance

Many people receive a basic level of insurance cover when they join a fund. The 3 most common types of insurance cover offered by super funds are Life insurance (also known as death cover), Total & Permanent Disablement (TPD) cover, and Income protection. We can help you understand each type of insurance, what they cover and how much they could cost.

Our insurance options

Know how your super will be invested

Know how your super will be invested

When money goes into your super account – either from your employer or via voluntary personal contributions – it’s invested by the fund in ways to help it grow. When you’re choosing a fund, consider the range of investment types on offer and know how your money could be invested. Most funds offer default investment choices where your options are pre-selected.

See how we invest

Trusted help and advice when you need it

Trusted help and advice when you need it

Confidence comes from being with a fund that offers a range of help and financial advice options to suit your circumstances. Make sure you’re with a fund that’s available when you need them, and offers a variety of help and advice options. Many funds also offer personal advice from a financial planning expert.

Explore our financial advice options


  1. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns. Returns from equivalent investment options of the ARF and STA super funds are used for periods before 1 July 2006. Top performing for the 7, 10, 15 and 20 years to 30 June 2021, based on returns for the AustralianSuper Balanced investment option compared to the SuperRatings Fund Crediting Rate Survey — SR50 Balanced (60–76) Index. Returns are updated daily for all AustralianSuper investment options here.
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