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Best fee deals for Superannuation funds used by employers

This table describes the best overall fees payable, where overall fees are calculated for a member earning
around $50,000 p.a. and who has $50,000 in their superannuation fund's default investment option.

For details on how SelectingSuper makes sense of fees, please click here.

Rank

Fund name Segment

Can anyone join?

TER

1

Australia Post Superannuation Scheme Government fund

No

0.00%

2

First State Superannuation Scheme Industry fund

Yes

0.41%

3

Commonwealth Bank Officers' Superannuation Fund Corporate fund

No

0.44%

4

State Super (NSW) Government fund

No

0.47%

5

Telstra Superannuation Scheme Corporate fund

Yes

0.52%

6

Unilever Super Corporate fund

No

0.56%

7

Shell Australia Superannuation Fund Corporate fund

No

0.58%

8

National Australia Bank Group Superannuation Fund "A" Corporate fund

No

0.59%

9

ANZ Australian Staff Superannuation Scheme Corporate fund

No

0.62%

10

SA Metropolitan Fire Service Superannuation Scheme Government fund

No

0.64%

Note these funds are the lowest cost funds used by employers, whether public or private
sector. Not all employers can join all these funds, i.e. some funds are restricted to only
selected employers. To avoid these restrictions, employers should look for funds that
are public offer.

This table represents the Top 10 out of 155 Workplace superannuation products, covering all market segments.

This table was last updated in June 2009.


 

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