We haven’t always been called Aware Super
Way back in 1992, we were first known as First State Super. It was started to help public servants save extra on top of their pension.
Unions and politicians wanted to develop a system that enabled people to take care of themselves by building their own wealth to provide great benefits and worker protections during and after their working life.
As a result, the Keating government introduced the Superannuation Scheme and First State Super (Aware Super) became one of the earliest industry super funds in Australia.
Our story
1992 First State Super (Aware Super) was born to provide super for NSW’s public sector employees and their families.
2006 We opened our doors to all Australians.
2011 We merged with another community-minded industry fund, Health Super.
2020 We merged with VicSuper and WA Super. Our new size allows us to pass on more benefits to our members.
From 2023 Our good work for members is recognised with industry awards.
Today, we’re called Aware Super. We offer super, insurance, investments and advice to more than 1.1m Australians.
Become a member in under 5 minutes
We don’t even need your ID, just some basic personal and contact details, plus you can give us your TFN later on if you like.
Why choose a profit-for-members industry super fund like Aware Super?
Why choose us?
We are profit-for-member, which means that our profits are returned to members, not shareholders. It also informs our thinking toward keeping fees competitive while still delivering great service.
How are we different from retail super funds?
Retail funds generally have shareholders, of whom they pass on their profit to. Profit-for-members funds don’t do that. We exist for the sole purpose of benefiting members in retirement.
What is an industry super fund?
An industry super fund was meant to service an entire industry of workers, from healthcare workers, educators to miners. But over time, they have become available to people outside of the industry they once served.
Compare our fees
Fees cover the costs of managing and investing your superannuation. Fees include admin fees and costs, investment fees and costs, and transaction costs. You are not charged fees for switching your investments or joining Aware Super.
With a super balance of $50,000, what will you pay in annual fees?
We offer competitive fees[F6] which can make a real difference to your super balance over time (our super account admin fee is just $1 per week + 0.15% of your account balance).
What about our performance?
Because of our size and scale, we can offer great investment options that can align with your values and attitudes toward risk.