What are the top 10 superannuation funds in Australia?

What are the top 10 superannuation funds in Australia?

Top 20 super funds

Super fund Investment option 10 yr return (% per yr)
AustralianSuper Balanced 10.6%
UniSuper Accum (1) – Balanced 10.6%
Cbus Growth (Cbus MySuper) 10.3%
VicSuper FutureSaver – Growth (MySuper) 10.2%

How many Australian super funds are there?

500 superannuation funds
There are about 500 superannuation funds operating in Australia.

Who is Australia’s largest superannuation fund?

Australia’s superannuation system is one of the world’s largest pension schemes….10 largest super funds – by assets.

Rank Super fund Total assets ($ billions)
1 AustralianSuper 191.42
2 Aware Super 126.45
3 QSuper 120.31

What are the 10 best Super funds?

Top performing super fund for 10 year return

Super fund 10-year return
AustralianSuper Balanced 9.7%
Hostplus Balanced 9.7%
Cbus MySuper 9.6%
UniSuper Balanced 9.5%

What are the 3 types of superannuation funds?

Here is a rundown of the five types of funds:

  • Corporate funds. These funds are offered by companies such as Telstra and Qantas for their employees.
  • Industry funds.
  • Public sector funds.
  • Retail funds.
  • Self-managed superannuation funds (SMSFs).

Is AustralianSuper self-managed super fund?

Self-managed Super Fund (SMSF) | AustralianSuper.

Who owns AustralianSuper fund?

the Australian Council of Trade Unions
AustralianSuper is owned by the Australian Council of Trade Unions (ACTU) and employer peak body the Australian Industry Group (Ai Group).

Is Hesta a good super fund?

Canstar has again recognised the HESTA Income Stream pension product with the 2021 Canstar 5–Star Rating for outstanding value. We were Money magazine’s most awarded super fund in their 2021 Best of the Best Awards, including for Best Balanced Super Product.

What fees do Australian super funds charge?

Australian super funds charge a range of fees, including: Administration – for managing your account; Investment – for managing your investments. Advice – such as investment advice; Switching – if you change funds or investment options within your current fund;

Which are the largest super funds?

The cheapest default product, according to Rainmaker, was administered by industry fund UniSuper, which had a TER of 0.55 per cent. Rounding out the top five are three retail funds – Bendigo SSSE, AMG Corporate, Virgin Super Employer – and not-for-profit QSuper.

How to find lost superannuation Australia?

– reach out to the ATO for an early engagement discussion to seek advice on a client’s small business complex transaction; – seek a pre-lodgement compliance agreement for a client’s commercial deals and restructure events; and/or – apply for a private ruling to attain certainty on a client’s position.

What is the Future Fund in Australia?

The term Australian Future Fund (AFF) refers to an Australian sovereign wealth fund (SWF) established by the country’s federal government.