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Super Helpful

Advice on your Aware Super accounts at no extra cost (Advice on your broader needs for a fee)

Established in 1992

With a 29 year long history managing super, you’re in experienced hands

How does Aware Super compare to your super fund

When choosing a super fund, you shouldn’t have to compromise between strong returns, low fees and access to great insurance options.

You can compare us to industry funds like Australian Super, Rest, Hostplus, Australian Retirement Trust and Unisuper. And retail funds like AMP, MLC, Mercer and Colonial First State.

 If you’re looking for a super fund that has consistently delivered strong, long-term performance with low fees, you can compare fees and returns using Applecheck, a third-party comparison tool from Chant West.

Compare us using AppleCheck

See how Aware Super stacks up against other industry and retail funds using Applecheck, a third-party comparison tool from Chant West.

Chant West is a leading research, data and analytics provider. Their AppleCheck is an easy-to-use comparison tool that helps you compare super and pension products on a fair, 'apples with apples' basis. Past performance is not a reliable indicator of future performance.

9.3% per annum

Delivering super returns over the long term. Our High Growth option delivered an average 10 year return of 9.3% p.a to 30 June 2023

Index median of 8.64% p.a. for the same period. Source: SuperRatings Fund Crediting Rate Survey 30 June 2023 (SR50 Growth (77-90) Index (approx. 50 options). Returns are after investment fees and costs, transaction costs, tax on investment income and any implicit admin fees. Past performance is not an indicator of future performance.

 

Competitive fees grows your super faster

When comparing super funds, you should consider performance, fees and costs.

A net return analysis is a great way to compare apples with apples when it comes to superannuation. This calculation compares super products based on returns delivered over a period of time after all fees, costs and taxes. 

See how Aware Super compares with over 200 funds using Chant West’s AppleCheck comparison tool.

Chant West is a leading research, data and analytics provider. Their AppleCheck is an easy-to-use comparison tool that helps you compare super and pension products on a fair, 'apples with apples' basis.

No Exit Fees

Super funds aren't allowed to charge you a fee if you decide to leave, and Aware Super is no exception. Learn more about Aware Super’s fees. 

Super Account Fees

The admin fee for super accounts is $1 per week ($52 per year), plus 0.15% p.a. of your account balance ($75 per $50,000, capped at $750 per year). Fees and costs relating to investments depend on which option(s) you choose.

Retirement Account Fees

The admin fee for retirement accounts is $1 per week ($52 per year), plus 0.23% p.a. of your account balance ($115 per $50,000, capped at $1500 per year). Fees and costs relating to investments depend on which option(s) you choose and whether you hold a retirement income or a retirement transition account.

If you’re thinking of changing super funds do check whether the new fund you’re considering is offering a similar level of insurance cover. Before switching to a different super fund, you should also consider any tax implications.

What to consider when comparing super funds

Finding the best super fund is a very individual choice as everyone has different needs. Here are some things to consider when you're comparing superannuation funds.

Strong long-term returns

Super is a long-term investment.  While past performance is not a reliable indicator of future performance, you may wish to check how different funds have performed - and it makes sense to compare performance over a longer term, such as 10 or 15 years.

Compare apples with apples by selecting the same period of time and investment option when comparing super funds. Keep in mind if you’re only comparing performance on its own, you’re not getting the full picture on the best fund for you. To overcome this, try a net return analysis (also known as a net benefit analysis) which takes into account performance minus the impact of admin fees and costs.

Competitive fees

Although all super funds charge fees, how those fees are calculated and the type of fees that are charged can differ from fund to fund.

If a fund gets great returns, this may offset higher fees and costs.  You should consider whether a fund offers value for money, by considering their fees alongside returns and other factors (for example, member services).

Also, if you’re only looking at fees without considering performance, you’re missing key information that may be useful. You can do a net return analysis, opens in a new window (also known as a net benefit analysis) which takes into account fees in relation to returns delivered.

Investment approach

Think about what's important to you and how your superannuation will be invested.

Some questions to ask yourself:

  • Does the fund invest in a mix of assets with a focus on the long-term?
  • Can the fund invest in different asset types, such as listed and unlisted assets?
  • Does the fund consider the different investment needs of members at different stages of super?
  • Is responsible ownership, or environmental, social and governance (ESG) factors considered as part of investing?
  • Does the fund manage some of the money internally or is it all managed by external fund managers?
  • Does the fund have an active approach to investing, or investing only in passive styles which track market indices?

Investment choice

Find out what options you have for your savings, because how your super will be invested will determine your returns. 

Some funds offer a lifecycle approach, which will change the mix of investments over time so they're matched to your stage in life 

They may offer diversified investment options so you're not relying on only one type of investment which can be risky if things go south.

You may have the choice of lower cost index options.

Or they may offer socially conscious   options, which screens out certain investments which are considered to have a negative environmental  or societal impact. 

If Environmental, Social and Governance (ESG) factors are in important consideration for you, some questions you could ask include:

  • Does the fund consider ESG factors, like climate change and workplace health and safety, as part of making its investment decisions?
  • Does the fund have restrictions on investments in certain sectors, like in tobacco or thermal coal mining?
  • Does the fund engage with the companies they own to influence positive outcomes?

Insurance options

Most super funds offer death cover, total and permanent disability cover, and income protection insurance. 

Insurance through super can be a convenient and cost-effective way to make sure you and your family are protected, should the worst happen.  When looking at a fund's insurance offering, you should consider things like the type and amount of cover on offer, the premiums, how easy it is to change your cover, and the terms and conditions that apply. 

Everyone's situation is different, and we haven't considered your financial situation. So, before making a decision about joining, you should read our PDS and Target Market Determination (TMD) and consider your own personal circumstances to decide if this is the right thing for you. Past performance is not an indicator of future performance.

Feel good your super is with an award-winning fund

Aware Super regularly receives top ratings and awards from industry leading rating agencies.

In 2022 and 2023, we received the prestigious Canstar Outstanding Value Award.

We've achieved regular recognition by SuperRatings, recognising our product features, performance and member services. Chant West, another independent ratings agency, has awarded our superannuation and pension products their highest 5 Apples rating each year since 2005. Our awards and ratings.

Join Aware Super in 3 easy steps

1. Provide your details

You’ll need your contact details, including email address and mobile number to set up your superannuation account.

2. Verify your details

A one-time pin number will be sent to your mobile to use on the sign up form.

3. Set up your password

Choose a password which will be used to give you 24/7 access to your account online, via member portal or App.