What the Researchers Say:

A 'best value for money' superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • MySuper Platinum
  • Infinity Recognised
Fund data valid as of July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $122 $156 -$34
50k $356 $627 -$271
100k $616 $1,155 -$539

Investment Allocation

Intl shares 20.0%
Aus shares 36.0%
Property 9.0%
Alternative 5.0%
Fixed interest 30.0%

Fees & Charges

Administration Fee ($) $96
Administration Fee (%) 0.00%
Investment Fee 0.52%
Switching Fee $15.80
Exit Fee $0
Account Size Discount No
Employer Size Discount No

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 421,085
Total Assets $54,656,334,342
Year Started 2013
Target Market Higher Education
Offered to Public? No
Fund Type Industry-MySuper

Fund Highlights - provided by UniSuper Accumulation - MySuper

In-house service and call centre functions complemented by state based education and personal advice staff.
Industry fund relative advantages regarding low fees, no commission.
Exceptional optional insurance offering. Pension products offered.
Locally provided free general advice seminars covering a wide range of topics.
Relatively low cost personalised, professional and easily accessible "fee-for-service" financial advice in-house facility.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 3.38%
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2015, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

UniSuper is an Industry fund dedicated exclusively to those who work in the Australian higher education and research sector. The fund has consistently proven itself as an excellent value for money superannuation fund, being among the finalists for the Choice Super of the Year award in 2016. UniSuper is also Infinity Recognised for the sixth consecutive year for demonstrating excellent environmental and social principles.

The fund is MySuper Authorised, with the Balanced option being the default offering for members who do not choose an investment option. For Choice members, 15 additional investment options are available to choose from across Multi and Asset Specific strategies. The default Balanced option outperformed the SuperRatings Index in 2015 with long term returns also positioned above the index.

The fee structure is competitive across all account balances assessed. However, switching fees apply.

The fund's insurance offering is also competitive. Members automatically receive 1 unit of Death with Total & Permanent Disablement cover upon joining and can apply for an additional 2 units of cover within 180 days. TPD-only cover have also been added to the offering, increasing flexibility to members. Optional Income Protection (IP) provides 85% (including SG) salary coverage with 3 waiting periods and benefits can be paid over 2 years, 5 years or to age 65.

Members can access in-house financial advice on a fee-for-service basis. A public website provides secure online member access and education material.

Other Funds Promoted