What are the top 5 super funds in Australia?

What is the best super fund in Australia 2021?

Best-performing super funds 2021

Super fund 10-year return (p.a. to June 2021)
AustralianSuper Balanced 9.7%
Hostplus Balanced 9.7%
Cbus MySuper 9.6%
UniSuper Balanced 9.5%

What is the best super fund in Australia 2020?

Best and worst performing growth super funds

  • Australian Super – Balanced. …
  • UniSuper – Sustainable Balanced. 10.2%
  • Fiducian – Balanced. 9.9%
  • Aware Super – Growth. 9.8%
  • IOOF – MultiMix Balanced Growth. 9.7%
  • UniSuper – Balanced. 9.6%
  • Lutheran Super – Balanced Growth (MySuper) 9.5%
  • Victorian Superannuation – Growth (MySuper) 9.5%

What are the top super funds in Australia?

Best performing super funds

Super fund Investment option 10 yr return (% per yr)
AustralianSuper Balanced 9.7%
Hostplus Balanced 9.7%
Cbus Growth (Cbus MySuper) 9.6%
UniSuper Accum (1) – Balanced 9.6%

Which Super Fund is best 2021?

Aware Super named Best Super Fund for 2021

  • The awards for Best Pension Fund and Best MySuper Product were taken out by Cbus and AustralianSuper respectively.
  • HESTA won the most awards, with four, including one of the new awards – Best Innovation – ESG Investment Leadership.
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What is the cheapest super fund in Australia?

Cheapest MySuper products

Fund name Total fee on a 50k balance Five year annualised net return on 50k balance
ANZ Australian Staff Superannuation Scheme 0.71% 7.94%
Meat Industry Employees Superannuation Fund 0.72% 8.77%
AustralianSuper 0.77% 9.58%
Australian Meat Industry Superannuation Trust 0.81% 7.70%

What super fund does Woolworths use?

Superannuation for Woolworths employees – LUCRF Super.

Is Mercer a good super fund?

The Mercer Super Trust is one of the largest corporate super platforms in Australia and provides members with a flexible range of competitive benefits. … The Mercer Select Growth option outperformed the SuperRatings Index over all assessed time periods to 30 June 2020.

How much super do I need to retire at 60?

ASFA estimates people who want a comfortable retirement need $640,000 for a couple, and $545,000 for a single person when they leave work, assuming they also receive a partial age pension from the federal government. For people who are happy to have a modest lifestyle, this figure is $70,000.

Is Hesta a good super fund?

HESTA is one of Australia’s most consistent investment out-performers having beaten its market benchmark in eight of the past 10 years, resulting in its 10 year return being the 15th best across the entire superannuation industry.

Which Super Fund has lowest fees?

10 cheapest pension funds (balanced investment option)

Rank Fund name Fees
1 REST $378
2 Hostplus $384
3 Media Super $540
4 NGS Super $540

Is Australian Super a good super fund?

AustralianSuper Balanced investment option returns as compared to the SuperRatings Fund Crediting Rate Survey — SR50 and SRP50 Balanced (60–76) Index at 30 September 2021. … AustralianSuper received the Canstar 5-Star Rating for Outstanding Value in Superannuation in 2021 and Account Based Pension Award in 2021.

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What is the best performing pension fund?

Top five personal pensions in 2021

  • Fidelity Personal Investing Cost Focus portfolio*
  • Evestor portfolio.
  • Nutmeg Fixed Allocation portfolio*
  • Vanguard Target Retirement portfolio.

Which is better hostplus or Australian super?

AustralianSuper Balanced has better long-term returns and lower fees than Hostplus Balanced, but Hostplus offers more low-fee index investment options to choose from. … AustralianSuper is dedicated to no specific industry, however it’s the biggest super fund in the country.

Which Super Fund does The Barefoot Investor recommend?

Personally, I have chosen to invest my own super with the Hostplus Index Balanced Fund.

How much should my Super fees be?

Fees include administration, investment and performance fees, as well as other indirect costs. On average, people in the default investment option pay between 0.88% to 1.24% of their account balance in fees per year, depending on their age and super balance and based on super products in Canstar’s database.