How to know AustralianSuper is the right choice for you
Strong, long-term performance
When you compare super funds, look at long-term performance history, not just how the fund is performing today. AustralianSuper’s Balanced investment option has an annual return of 9.37% over the last 35 years1.
Significant net benefit
This is what your overall financial position could be after taking away admin and investment fees. Take a look at the chart below to see how AustralianSuper’s net benefit has outperformed the average super fund and retail fund over 5, 10, and 15 years.
Competitive fees
As Australia’s largest, most-trusted2 super fund we use our size and scale to secure competitive fees and costs for members - meaning less is taken from their super balance and they can benefit from additional returns. Use the fee tool below to see how our fees compare.
Compare net benefit performance
- Super
- Account based pension
Even in retirement, our history of strong performance and low fees has given members an advantage in the long term. The following table compares AustralianSuper’s Choice Income net benefit against others, and shows how a member’s balance in would have grown over seven years to 30 June 2019, whilst still drawing a retirement income. Net benefit refers to investment earnings to 30 June 2019 (less admin and investment fees).
| Net Benefit* – Account based pension | ||||
|---|---|---|---|---|
| Starting balance | Yearly Income Payment | Investment earnings (less fees over 7 years) |
Balance after 7 years | |
| AustralianSuper Balanced Option | $300,000 | $22,300 | $300,800 | $444,700 |
| All Super Fund Account based pension (Average) | $300,000 | $21,200 | $239,700 | $391,100 |
| AustralianSuper Advantage | +$1,100 | +$61,100 | +$53,600 | |
| Retail Super Funds (Average) | $300,000 | $20,900 | $222,200 | $375,800 |
| AustralianSuper Advantage | +$1,400 | +$78,600 | +$68,900 | |
*Net benefit refers to investment earnings to 30 June 2019 (less admin and investment fees). Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns. Find out more about the net benefit methodology here.
For example, if you retired seven years ago and kept a starting super balance of $300,000 in a Choice Income account with AustralianSuper and withdrew 6% of your balance each year as a regular income (an average of $22,300 each year), after seven years your balance would have grown to $444,700*.
Take a moment to compare how we perform against other super funds with the free, independent Chant West Pension AppleCheck tool or find out more about how our account based pension can be a regular source of income.
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*Net benefit methodology
Comparisons modelled by SuperRatings, commissioned by AustralianSuper. The outcome shows the average difference in ‘net benefit’, a measure of past investment earnings after administration fees, investment fees and taxes (if applicable) have been taken out. The results compare the AustralianSuper Balanced investment option and comparable balanced options, for historical periods to 30 June 2019. Insurance premiums and other fees and costs may also apply. Outcomes vary between individual funds. See Assumptions for more details.
Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns. Returns from equivalent options of the ARF and STA super funds are used in calculating return for periods that begin before 1 July 2006.
Note: the comparison uses data for periods to 30 June 2019. From 1 April 2020, the AustralianSuper administration fee for super (accumulation) account holders increased. See here for more details.
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Important information to consider
- 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 in calculating returns for periods that begin before 1 July 2006.
- Readers Digest Most Trusted Brands – Superannuation category winner for eight years running 2013 – 2020, according to research conducted by independent research agency Catalyst Research.
- AustralianSuper received the Canstar 5-Star Rating for Outstanding Value in Superannuation and Account Based Pension in 2020. Full methodology available for super here. And methodology for account based pension here. Ratings are only one factor to be taken into account when choosing a super fund.