The tables below describe the premium value of the standard insurance default cover available through different MySuper products where this is defined as insurance cover (sum insured) per dollar of weekly premium paid. MySuper products offering the best value are those with the highest values.
Insurance rates vary by risk category of the member. Income protection premium also varies by waiting period. These tables assume member age of 40 and income protection with a 30-day waiting period and a two-year benefit period.
Super funds race to implement digital advice12 June 2026, 12:28pmAustralian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives ... Read more
Former APRA deputy chair launches retirement solutions startup11 June 2026, 12:03pmA former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees. Read more
Trustees lack death benefit claims uplift urgency: ASIC10 June 2026, 12:29pmTwo years since ASIC cracked the whip on superannuation funds to improve death benefit claims handling practices, a follow-up review found very little to no improvements have been made. Read more
ASIC to take 'balanced' stance on super advertising ban rules10 June 2026, 12:26pmThe corporate regulator said it promises to take a "balanced" approach to enforcing new rules around any advertising of superannuation funds during the employee onboarding process, which take effect in ... Read more
HESTA extends decades-long partnership with J.P. Morgan9 June 2026, 12:04pmJ.P. Morgan will continue to deliver custodial and fund services for the $102 billion super fund for a further five years, extending their partnership to more than 30 years. Read more
When comparing super funds and considering what is right for you, look for funds displaying the AAA Quality Assessment and Rainmaker SelectingSuper Award logos.
