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 MySuper or default investment option.
Total Expense Ratio
ANZ Staff Super - Employee
ANZ SCS Emp
Virgin Super Employer
CBA Group Super AP
Industry average (median)
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.
Pension funds sue Allianz Global Investors29 September 2020, 12:36pmSeveral pension funds are suing hedge funds managed by Allianz Global Investors for allegedly engaging in risk-taking behaviour and losing billions of dollars in retirement savings. Read more