3 tips to keep track of your super

If you’re in your 20s, you could be adding to your super savings for over 40 years. A few good decisions about your super now can have a big difference and could mean more money to live off when you stop working.

Retirement might be a long way off, but it’s still a good idea to check your account each year and make sure your super is growing. Find out how keep tabs on your super with these 3 simple tips.


1. Choose the best super fund from the start

You can choose any super fund you like. But there are some common things to look for in a new fund, or to review with your existing fund. Using a comparison tool can be a good place to start.

For example, look for:

  • Low fees
  • Net benefit
  • Good investment returns over the long-term
  • Good principles, such as a strong environmental, social and governance focus (ESG)
  • Good personal insurance
  • Funds with a profit-to-member model, such as Industry funds



2. Know where all your super is

You don’t need to open a new account when you start a new job. But in some cases, your employer may automatically set one up for you. This can lead to multiple accounts – and multiple fees. To stop this happening pass on the details of your existing fund when you start a new job, so your super is paid into the account you’ve chosen.



Multiple accounts

Not sure if you have more than one super account? Track down any lost super now.

If you do have more than one, consider combining them so your money is easier to manage.

(Before deciding to combine, look out for any fees or charges that may apply for closing an account. You may also need to consider the impact of combining your accounts on benefits, such as insurance.)



3. Make sure your super performs well over the long-term

Think of your super as a marathon, not a sprint. It needs to perform well over a long-term period.

Your super fund invests your money. This can include investing in assets such as listed shares, private equity, infrastructure, credit, fixed interest and cash. It’s your fund’s job to grow your savings, so you have more money in retirement.1

Good returns over the course of your life can make a big difference to how much you’ll have when you retire. Of course, no one can predict exactly how investments will perform. However, a history of strong long-term investment returns is an good factor to consider when deciding on a fund. It can make a difference to the money you have available in retirement. AustralianSuper’s Balanced investment option is the best performing super fund over the last 5, 7 and 10 years2.

At AustralianSuper 190 investment specialists, across 4 global offices, manage members’ money. We manage over $200 billion of member assets, which lets us invest like no other super fund can. Our size and scale mean you have access to some of the world’s best investments. Our investment approach is designed to perform better than the broader market and generate better net returns - that's more money into your savings.


  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.
  2. Top performing for the 5, 7 and 10 years to 31 March 2021, based on returns for the AustralianSuper Balanced investment option compared to the SuperRatings Fund Crediting Rate Survey — SR50 Balanced (60–76) Index. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns. Returns are updated daily for all AustralianSuper investment options here.

This may be general financial advice which doesn’t consider your personal objectives, situation or needs. Before deciding on AustralianSuper read the Product Disclosure Statement available at australiansuper.com/pds. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.

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Choosing the right fund could mean more money in the future, giving you more confidence in your long-term retirement plan performance.

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