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.

Comparing super funds: Does bigger mean better returns?

Is bigger better when considering where to invest your super money? Do the larger super funds deliver higher longer-term returns than the smaller superannuation funds?The short, and non-contentious, answer of course is: it depends on the super fund, including the asset allocation of the … [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 was last updated on 9 March 2016. If you are looking for … [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...]

SMSFs surge towards 570,000 controlling $600B in assets

Note: We regularly update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA). This article contains the latest statistics available, as of March 2016 (for data as at December 2015).Close to 600,000 self-managed super funds … [Read more...]

Markets bear down on super during 2015/2016 year

Share markets around the world seem to be seesawing between freefalling and bouncing, and for the past few months, Australia’s share market has come down with a serious case of bear market. Okay, perhaps bear market may be a bit strong, until we have a few more months like January and February 2016, … [Read more...]

Super stars! Top 30 super funds over 5 years

Note: This article lists the 30 top-performing super funds over 5 years to 31 December 2015. For the top-performing pension (retirement) funds, see SuperGuide article Super performers! Top 30 pension (retirement) funds over 5 years.The investment performance articles on the SuperGuide website … [Read more...]

Retirement performers! Top 30 pension funds over 5 years

Note: This article lists the 30 top-performing pension (retirement) funds over 5 years to 31 December 2015. For the top-performing super funds, see SuperGuide article Super stars! Top 30 super funds over 5 years.Discovering the best-performing super funds is always exciting reading (at least for … [Read more...]

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

The investment performance result for the 2015 calendar year (1 January 2015 to 31 December 2015), for the median growth superannuation fund, has delivered the fourth straight positive calendar year return, according to rating company, Chant West.The modest investment performance for the 2015 … [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 2013-2014 statistical review of SMSFs (released in December 2015). This report also contains data for the 2014-2015 year. The annual report for the 2014-2015 year will be available in late … [Read more...]