Workplace super top 10 for fees
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.
| Rank |
Product Name |
Segment |
Can
anyone join? |
Total Expense Ratio |
| TER % |
TER $ |
| 1 |
Bendigo SmartStart Super - Employer |
Retail |
Yes |
0.65% |
$323 |
| 2 |
ANZ Smart Choice |
Retail |
Yes |
0.66% |
$330 |
| 3 |
Goldman Sachs & JB Were Super Fund |
Corporate |
No |
0.68% |
$340 |
| 4 |
Virgin Super Employer |
Retail |
Yes |
0.72% |
$358 |
| 5 |
ANZ Staff Super |
Corporate |
No |
0.72% |
$360 |
| 6 |
Meat Industry Employer Super Fund |
Industry |
No |
0.74% |
$372 |
| 7 |
UniSuper |
Industry |
Yes |
0.75% |
$376 |
| 8 |
CBA Group Super |
Corporate |
No |
0.81% |
$403 |
| 9 |
EISS Super |
Industry |
Yes |
0.82% |
$410 |
| 10 |
AustralianSuper |
Industry |
Yes |
0.91% |
$453 |
| |
Industry average (median) |
|
|
1.20% |
$600 |
| |
|
|
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|
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 133 Workplace Super products, covering all market segments.
This table was last updated in June 2018.
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