The Benefits

Choosing the right super fund could make tens of thousands of dollars difference to the money you have in retirement. It could dramatically impact your lifestyle at a time when you have much more time on your hands. Choosing the fund that’s right for you is a lifelong decision.

  • Strong Performance

    Strong Performance

    Industry SuperFunds have, on average, consistently outperformed retail super funds, over the last ten years.

    Read more

     

     Annual Cumulative Returns Difference 2003-2012 between Industry SuperFunds and retail super funds.

     

     

    Comparisons modelled by SuperRatings based on its Fund Crediting Rate Survey, commissioned by ISN Pty Ltd ABN 72 158 563 270 Corporate Authorised Representative No. 426006 of Industry Fund Services Ltd ABN 54 007 016 195 AFSL 232514. Compares annual average returns of balanced options of retail funds in the Fund Crediting Rate Survey with annual average returns of balanced options of 16 Industry SuperFunds.  Graph compounds the annual difference to show the total difference at the end of 10 years.  Actual returns vary between individual funds.  Visit the assumptions page for more details about modelling calculations and assumptions. Past performance is not a reliable indicator of future performance.

  • Run only to benefit members

    Run only to benefit members

    The Industry SuperFunds shown on this website do not pay commissions to financial advisers, financial planners, agents or insurance companies. They are run only to benefit members. Joining an Industry SuperFund could make a significant difference to the money you have in retirement.

    Learn more about the Industry Super Funds

  • Low Fees

    Low Fees

    The fees you pay can greatly affect your final retirement payout. On average, Industry SuperFunds charge lower fees than the average retail super fund.

  • No Commissions

    No Commissions

    Industry SuperFunds do not pay commissions to financial advisers, financial planners, sales agents or insurance companies.

    Read more

    Rainmaker, a financial services information company, found that financial planners received $2.4 billion in sales commissions from retail superannuation funds in 2010. This included over $700 million in commissions from super guarantee contributions made by Australian workers. These planners often recommend under-performing retail funds.*

    Over the past three years, more than $7.1 billion in commissions has been paid by retail super funds to financial planners. Over $1.9 billion has been paid in commissions on compulsory super guarantee contributions.*

    *Rainmaker Information Commissions Revenue Report August 2011

  • Additional benefits

    Additional benefits

    There are many other reasons to join an Industry SuperFund including, investment choices, good value insurance, financial advice, expert management and more.

You Need to Ask

When evaluating a super fund, make sure* you ask about their fees for the administration and management of your super. Even a 1% difference can significantly impact your final retirement payout.

You should also* find out if they:

  • pay ongoing commissions to financial planners
  • charge exit and entry fees (these will affect your final retirement payout)
  • provide adequate insurance cover at a competitive cost 
  • have a long–term record of strong investment performance
  • offer a range of investment choices.

* Disclaimer: Consider your own objectives, financial situation and needs before making a decision about superannuation because they are not taken into account in this information.

Employer Benefits

 
 
Was this information useful?

Was this information useful?

  • Yes
  • No
  • I Don't Know
Thank you for your feedback!