Vanguard Super review
Indexed super from the world's second-largest asset manager. Launched 2022.
Who it's best for
Members who want low-cost passive investing and are happy to arrange insurance independently (or don't need it).
The good
- Pure indexing approach — lowest strategic cost in the retail space
- Lifecycle default automatically de-risks with age
- Vanguard globally well-regarded for low-cost indexing
The less-good
- Short Australian track record — 10-year return partly modelled
- No default insurance — you must actively opt in
- Limited Choice menu vs large industry funds
The numbers in detail
| MySuper product | Lifecycle |
|---|---|
| Asset mix | Lifecycle — index-tracking |
| Fixed admin fee | $60/yr |
| % fee (investment + indirect) | 0.58% |
| Insurance default | Opt-in — no default cover |
| Choice options available | 4 |
| APRA performance assessment | Performing |
Note: Launched in 2022, so most 'long-term' performance figures rely on modelled or backfilled data.
How Vanguard Super compares
Run Vanguard Super 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) Vanguard Super
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. vanguard.com.au/super 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.