Best fee deals for Workplace Super products used by employers
This table describes the best overall fees payable, where overall fees are calculated for a member earning $50,000 p.a. with $50,000 in the default investment option.
Rank
Product Name
Segment
Can anyone join?
Total Expense Ratio
TER %
TER $
1
Australia Post Superannuation Scheme
Government
No
0.12%
$62
2
Shell Australia Superannuation Fund
Corporate
No
0.39%
$203
3
State Super (NSW)
Government
No
0.42%
$216
4
Military Super & Benefits Scheme
Government
No
0.43%
$224
5
SA Ambulance Service Super
Government
No
0.50%
$260
6
Rio Tinto Staff Superannuation Fund
Corporate
No
0.52%
$270
7
RecruitmentSuper
Industry
Yes
0.53%
$273
8
ANZ Australian Staff Superannuation
Corporate
No
0.55%
$286
9
SA Metropolitan Fire Service Super
Government
No
0.57%
$296
10
CBA Group Super - Accumulate Plus
Corporate
No
0.57%
$296
Note these Workplace Super products are the lowest fee products used by employers, whether public or private sector. Not all employers can join all these products, i.e. some are restricted to only selected employers. To avoid these restrictions, employers should look for products that are public offer, where anyone can join.
For details on how SelectingSuper makes sense of fees, please click here.
This table represents the Top 10 out of 147 Workplace Super products, covering all market segments.
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