How many industry funds are there in Australia?

There are 15 super funds which are members of Industry Super Australia (listed below). However, not all industry super funds are members of Industry Super Australia.

What is the best industry superannuation fund in Australia?

AustralianSuper is our top pick for industry super funds. It’s Australia’s largest industry super fund, with more than 2.2 million members. Its default investment option, AustralianSuper Balanced, is consistently one of the top performing growth super funds year after year.

What are the top 10 superannuation funds in Australia?

The top 10 performers by net return (assuming it is a 30 year old with a $50,000 balance) were Local Government Super (now re-branded and known as Active Super, 9.46 per cent return), AustralianSuper (9.44 per cent return), HOSTPLUS Superannuation Fund (9.33 per cent return), AON Master Trust (9.14 per cent return).

What is the best super fund in Australia 2021?

Aware Super named Best Super Fund for 2021

  • The awards for Best Pension Fund and Best MySuper Product were taken out by Cbus and AustralianSuper respectively.
  • HESTA won the most awards, with four, including one of the new awards – Best Innovation – ESG Investment Leadership.

What are the largest super funds in Australia?

Which are the largest super funds?

Rank Fund name Total assets ($ billion)
1 AustralianSuper 172.4
2 QSuper 115.3
3 First State Superannuation Scheme 103.1
4 Public Sector Superannuation Scheme 83.3

What is the biggest super fund in Australia?

Commonwealth Superannuation Corporation
Rankings by Total Assets

Rank Profile Region
1. Commonwealth Superannuation Corporation Australia and Pacific
2. AustralianSuper Australia and Pacific
3. Aware Super Australia and Pacific
4. Qsuper Australia and Pacific

How do I choose a super fund in Australia?

Most people can choose which super fund they’d like their super contributions paid into. You can go with your employer’s fund or choose your own. To find out if you can choose your super fund, check with your employer. Your employer will give you a ‘standard choice form’ when you start a new job.

Which super fund performed best in 2020?

Qantas Super Gateway –
Figures from fund researcher SuperRatings show Qantas Super Gateway – Growth option, with a return of 22 per cent, was the best performing super fund in 2020-21.

What are the worst super funds in Australia?

Australia’s worst-performing super funds

  • AMG Super – AMG MySuper.
  • ASGARD Independence Plan Division Two – ASGARD Employee MySuper.
  • Australian Catholic Superannuation and Retirement Fund – LifetimeOne.
  • AvSuper Fund – AvSuper Growth (MySuper)
  • BOC Gases Superannuation Fund – BOC MySuper.
  • Christian Super – My Ethical Super.

What is the cheapest super fund in Australia?

10 cheapest pension funds (balanced investment option)

Rank Fund name Fees
1 REST $378
2 Hostplus $384
3 Media Super $540
4 NGS Super $540

Which is the largest super in Australia?

Which are the largest super funds?

Rank Fund name Total assets ($ billion)
1 AustralianSuper 172.4
2 QSuper 115.3
3 First State Superannuation Scheme 103.1
4 Public Sector Superannuation Scheme 83.3

Are there any other superannuation funds for industry?

Other industry super funds include: 1 Aware Super 2 BUSSQ 3 Catholic Super 4 Christian Super 5 Club Plus 6 Equip Super 7 Intrust Super 8 REST Industry Super 9 Statewide Super 10 UniSuper

Which is the best industry super fund to invest in?

! As an industry super fund for the health and community services sector with 870, 000 members, HESTA is not only highly trusted, but frequently outperforms other super funds with its high returns. Transparency? Latest review: Cannot remember how long…probably more than 10 years.

Who are the trustees of industry super funds?

Industry super funds have policies designed for the benefit of members, and governed by trustees representing employers and employees within the industry. As of September 2020 Other industry super funds include:

Where can I find list of super funds?

Learn more about the different types of super funds. The list of funds is sourced from APRA and reflects information as at 30 June 2019. You can search for a particular super fund by name in the first filter.