What your super fees pay for

Just like other services you use, super is something you pay for. It’s important to know what your fees go towards – not to mention the benefits you receive in return as an AustralianSuper member.

We’re here to help you grow your super. We focus on achieving strong long-term returns to help you retire with more. 


Types of fees

There are several different fees at AustralianSuper, with 2 paid by all members:

Administration fee

All AustralianSuper members pay an admin fee. This admin fee pays the non-investment related costs of running the Fund including the administration of your account, general advice and education resources, the mobile app, the secure member portal giving you access to investment option switching, along with help from our contact centre over the phone, via email or chat. 

Investment fee

When money goes into your super account, we invest it to help it grow.* This fee helps cover transaction costs and the team managing your investment. The investment fee changes each year. You can visit our fees and costs page to see what your fees look like. The way the fee works is that it’s deducted from returns before they’re credited to your account. 

Other fees

There are 2 other types of fees you may pay for optional products and services with us:

Insurance costs

If you have insurance cover through your super, you’ll pay costs known as insurance premiums for that cover. They’re taken out of your super balance. How much you pay depends on the cover you have, your age and the type of work you do. At AustralianSuper, we use our size and scale to negotiate lower insurance costs for you.

If you were 25 or over when you joined AustralianSuper, you may have a basic level of insurance cover. You may also have cover if you turned 25 after you joined.

If you’re not sure whether you have insurance cover with us, log into your online account to check or contact us.

Advice fees

At AustralianSuper, we can give you general or simple personal advice over the phone at no cost. But if you need more comprehensive advice, there’ll be a fee you’ll need to pay. This comes straight out of your balance.


Why fees are only one part of the picture

What you pay for from your account is important. But it’s also good to know what you get in return for those fees. Here are just some of the benefits:

A global team of investment experts

Your investment fees go towards the service provided by our in-house investment team of over 170 experts. They invest your super in a range of assets across the globe, giving it the best opportunity to grow over the long run.

A history of strong, long-term returns

AustralianSuper is a top-performing fund over the long term. The Fund is ranked number 2 over 7, 10 and 20 year performance1. We're focused on helping members achieve their best financial position in retirement1

Higher net benefit

At AustralianSuper, we focus on net benefit when it comes to checking how your super is performing and what that performance means for the net benefit of your savings. That is, your investment return after taking away your admin and investment fees, and taxes.


Australia’s largest, most-trusted fund2

We use our size and scale to secure competitive fees and costs for members like you. That means you pay less from your super balance so you can benefit from additional investment returns.


  1. AustralianSuper Balanced investment option compared to the SuperRatings Fund Crediting Rate Survey, SR50 Balanced (60-76) Index to 30 June 2022. Returns from equivalent investment options of the ARF and STA super funds are used for periods before 1 July 2006. Investment returns aren’t guaranteed. Past performance isn’t a reliable indicator of future returns.  

  2. Readers Digest Most Trusted Brands – Superannuation category winner for nine years running 2013 – 2021 according to research conducted by leading independent research agency Catalyst Research.
*Investment returns aren’t guaranteed. Past performance isn’t a reliable indicator of future returns. 

This may include general financial advice which doesn’t take into account your personal objectives, financial situation or needs. Before making a decision consider if the information is right for you and read the relevant Product Disclosure Statement, available at australiansuper.com/pds or by calling 1300 300 273. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the TMDs at australiansuper.com/TMD.

AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.


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