UniSuper review
Industry fund originally for higher education and research.
Who it's best for
Members who want institutional-grade investment management at close-to-indexed fees.
The good
- Very low % fee on Balanced (0.50%)
- Strong long-run returns
- Open to the public since 2021 — no longer restricted to universities
The less-good
- Admin fee is higher than some peers
- Default insurance is narrower than industry average
The numbers in detail
| MySuper product | Balanced |
|---|---|
| Asset mix | Growth 70 / Defensive 30 |
| Fixed admin fee | $96/yr |
| % fee (investment + indirect) | 0.50% |
| Insurance default | Default death and TPD (opt-out) |
| Choice options available | 16 |
| APRA performance assessment | Performing |
How UniSuper compares
Run UniSuper through our fund comparison tool alongside AustralianSuper, Hostplus, and UniSuper at your actual balance — the dollar fees at $50k can look very different at $250k or $15k, and the ranking sometimes flips. You can also project your own retirement outcome with its fee and return using the retirement projection calculator.
Switching to (or from) UniSuper
Switching supers involves four steps that matter: check the insurance you'd lose when closing, update your employer's Standard Choice form so SG flows to the right place, consolidate via myGov, and confirm the rollover lands. Our consolidation guide has the full walkthrough.
The official source
Always verify current fees, insurance terms and investment options on the fund's own PDS before making a decision. unisuper.com.au has the latest. The figures on this page are indicative and updated periodically from the APRA heatmap and the fund's PDS.
General information only — not financial advice. Super decisions are long-term; verify with a licensed adviser. Figures on this page are indicative — verify on the fund's PDS.