What kind of super fund is AustralianSuper?
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Q:
What kind of super fund is AustralianSuper?
A:
AustralianSuper is an industry super fund, and is Australia's largest super fund, with over 2 million members.
Additional Details:
AustralianSuper is not a retail superfund, which means it not operated as a for-profit superfund. As an industry superfund, AustralianSuper is run for member outcomes, not profits. Although AustralianSuper is an 'industry superfund' it does not cater to a specific industry, and therefore it open to accept membership from anyone eligible for superannuation.