Types of super fund

There are five main types of super funds:

  • industry funds
  • retail funds
  • corporate funds
  • public sector funds
  • small super funds

Small super funds are predominantly self-managed super funds (SMSFs) although a small percentage of small funds are known as small APRA funds.

You may also be able to open up a Retirement Savings Account (RSA), which is a superannuation account that’s similar to a savings account that banks and other financial organisations offer.

Set out below are all SuperGuide articles explaining Types of super fund.

Life insurance and super: 10 things you should know

One of the better deals in superannuation has only a slight connection to your life in retirement. Life insurance cover within super funds rarely makes the headlines but for many Australians they are getting cost-effective cover from their super funds.Life insurance is insurance that pays out in … [Read more...]

MySuper: Now at a super fund near you

If you believe the federal government’s public relations campaign, MySuper can deliver you the equivalent of nirvana in superannuation – low fees, strong investment performance, financial security and a worry-free retirement.Pardon? You haven’t seen the government’s MySuper publicity campaign? I … [Read more...]

MySuper: 116 super funds now available

Note: This article provides a complete list of official, authorised MySuper products. This list will be updated regularly if any additional MySuper products are authorised by the Australian Prudential Regulation Authority (APRA). This article last updated on 16 September 2015. If you are looking for … [Read more...]

Fees: Do cheaper super funds mean bigger retirement balances?

Countless reports have been published stating that super fund fees are too high, and that the super industry needs to work harder on lowering administration and investment fees. We all love a good deal and don’t want to pay more than we have to when saving for retirement. Are super fund fees now … [Read more...]

Super fees: Top 10 cheapest funds in Australia

Note: This article contains the latest available fee information. In this article you can find the cheapest super funds and the cheapest super pension funds. We update this article periodically with fee data issued by SuperRatings, and for pension funds, by SelectingSuper. Latest update was … [Read more...]

Investment performance: We’re the best super fund. No, we’re the best…

Note: Every 6 months, we update this article with the latest performance data on superannuation funds and pension funds, released by 3 rating agencies and the Australian Prudential Regulation Authority. This article contains the investment results for the best performing super funds up to 30 June … [Read more...]

Top 10 performing super funds for 2014/2015 year, and for past 10 years

The investment performance result for the 2014/2015 financial year (1 July 2014 to 30 June 2015), for the median growth superannuation fund, has delivered the sixth straight positive annual return, according to rating company, Chant West.The strong investment performance for the financial year … [Read more...]

SMSF confidential:
the inside story on DIY super funds

Note: The ATO publishes an annual report about SMSFs for each financial year. This article covers the ATO’s 2012-2013 statistical review of SMSFs (released in December 2014). This report also contains data for the 2013-2014 year. The annual report for the 2013-2014 year will be available in December … [Read more...]