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If you are now, or ever have been, an employee and can’t remember choosing an investment option in your super fund, chances are you have retirement savings sitting in one or more MySuper accounts.
As we’re talking about 12% of your income and possibly hundreds of thousands of dollars by the time you retire, it’s worth following the money trail to see how your MySuper investment works and how it compares with alternatives.
Being in an underperforming MySuper product can leave a typical new workforce entrant $375,000 or 36% worse off by retirement, according to the Productivity Commission, and that’s not the outcome you want.
If your super is invested in your fund’s MySuper option, you’re not alone. As at June 2025, approximately 28% of all super assets (more than $1.2 trillion) was invested across more than 15 million member accounts. At the same time, the number of MySuper products is falling. There are currently 52 MySuper funds, down from 103 seven years ago, as small underperforming funds either merged with bigger funds or exited the industry.
Note: At the bottom of this article we list all MySuper products.
What are MySuper funds?
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