Net benefits and super
Net benefit is an important factor when it comes to assessing how your fund is performing. Strong long-term returns and a growing balance are also important – but it’s net benefit that could show the true value of your fund.
What is net benefit and how is it calculated?
In relation to your super, net benefit is: the investment return delivered to you by your super fund minus the administration fees, investment fees and costs and taxes.
When you’re comparing the performance of super funds or checking that your fund is delivering on your investments, it may be wise to check the net benefit.
To calculate your net benefit you need to know your investment earnings for the year and the fees and taxes you paid for the year.
Compare your super fund with AustralianSuper
Comparing super funds and account-based pension products is an important step in managing your super.
You can compare AustralianSuper with other funds on an ‘apples-to-apples’ basis that covers investments, fees, insurance and member services.
Sponsored by AustralianSuper. This may include general financial advice which doesn’t take into account your personal objectives, financial situation or needs. Before making a decision consider if the information is right for you and read the relevant Product Disclosure Statement, available at australiansuper.com/pds or by calling 1300 300 273. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the TMDs at australiansuper.com/TMD.
AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.