Aware Super Superannuation
The table below shows Aware Super superannuation products on Canstar’s database. Change the filter to suit your requirements.
Instantly compare 60+ Canstar expert rated funds based on the inputs below
Award Winning App Helps You Stay In Control
Super Returns, Super Advice, Super Helpful
Canstar Outstanding Value for superannuation
Read PDS & TMD at australiansuper.com
Low fees
Australia’s largest sustainable investor
Invest With Heart. Choose Australian Ethical Super
Read the PDS & TMD on our website. AFSL 526 055
You’ve seen all your search results.
To see what other products may be available, please edit the applied filters above.
Showing 1 of 51 results
To see more results adjust the filters above
Unsure of a term in the above table? View glossary
The initial results in the table above are sorted by Star Rating (High-Low) , then 5 year return (High-Low) , then Provider Name (Alphabetical) . Additional filters may have been applied, see top of table for details.
SPONSORED
Super Returns, Super Advice, Super Helpful
- Canstar 2022, 2023 and 2024 Outstanding Value Super Award
- Get Expert Advice to Grow Your Super
- Delivering Super advice and Super returns.
- Managing investments for over 1 million Australians
- Local call centres in Perth and Melbourne
About Aware Super
Aware Super is a ‘profit-for-members’ industry super fund with more than 1.1 million members and an asset pool of more than $150 billion, making it one of Australia’s largest superannuation funds. Its membership is open to all.
Aware Super also offers to their members insurance products and financial advice.
What superannuation products does Aware Super offer?
Aware Super offers a range of superannuation products and services. This includes an account where contributions are not restricted, and so is open for anyone to join:
- Future Saver: This accumulation account allows members to choose between the MySuper LifeCycle investment approach (which is the default account, discussed below), or to select from 15 investment options.
There are also other accounts where there are certain rules around contributions, which means they might not be available to everyone, or could be only for those people who are in the retirement phase:
- Tailored Super Plan
- Retirement Income
- Defined Benefit
- Lifetime Pension
- Flexible Income Plan
- Transition to Retirement Pension
- Personal Retirement Plan
- Allocated Pension Fund
- Term Allocated Pension Plan
- Guaranteed Income
- Term Allocated Pension
Aware Super introduced a range of changes to their accounts and investment profiles in May 2023, such as changing the name of some products.
What type of insurance products does Aware Super offer?
Aware Super offers insurance products including Income Protection, Death (including terminal illness) and Total and Permanent Disablement (TPD) cover.
The fund states that these products may not be automatically included with your membership. Aware Super’s insurance products follow an ‘aged-based design’, which means that cover for death and TPD changes depending on your age, generally increasing until age 41 and then decreasing until age 69. It’s a good idea to check to see if this would offer you enough cover at a particular age. (This change was introduced on 1 May, 2023.)
There are two pre-packaged insurance options available:
- Basic Cover: death and TPD cover, equal to the ‘aged based cover scale’.
- Basic Plus Cover: Double the Basic Cover, plus the ability to choose a fixed amount of cover or the ‘aged based’ cover. You can also add on Income Protection insurance (for a fee). Waiting and benefit periods apply.
Insurance products offered by Aware Super are provided by TAL Life Limited. Read the ‘Insurance Handbook’ for more information.
Aware Super also offers insurance products tailored for specific employees, such as NSW Police and Ambulance officers.
Insurance policy cover and costs may also vary according to your ‘insurance category’, which are:
- professional
- low Risk
- medium risk
- high risk.
Learn more: Insurance through super – what are the options?
What type of financial advice services does Aware Super offer?
Aware super offers three tiers of financial advice:
- Super advice – this is free for members and is more general in nature, and restricted to superannuation, such as super investment options.
- Comprehensive advice – more tailored advice to help plan finances, such as retirement planning and investments outside super. Fees could range from $2,800 to $8,000. Available to everyone (even non-members).
- Specialist advice – covers personal insurance, aged care and estate planning advice. Fees could range from $660 to $6,000. Available to everyone (even non-members).
What fees does Aware Super charge?
The table at the top of the page displays the annual fee that applies to the Aware Super product when the balance is at $50,000. Different fees could apply to different amounts and could vary according to the choices you make around insurance and investment options.
Fees that are charged by Aware Super could include:
- Account keeping fee: $52/year
- Asset-based administration fee: 0.15% of your balance/year, capped at $750 per year
- Investment fees: These depend on your investment choices and can be fees paid to investment managers “who exceed their performance targets”.
- Transaction costs: Variable according to investment option, such as when selling or buying an investment.
- Insurance premiums: varies according to many factors, including your age, the type of insurance you hold, and the amount of insurance cover.
- Insurance administration fee: $1.85/month
How do you join Aware Super?
If you’ve read the PDS and other information about Aware Super, compared your options, and have decided to join the fund, you can join Aware Super by opening up an account via their website (or via the link in the table at the top of the page – Canstar may earn a fee for referrals).
You’ll need to provide certain information, such as your Tax File Number (TFN) and contact details.
If you want to make this the account into which your employer pays contributions, you’ll need to download and fill out the ‘Choice of Fund’ form, and then give that to your employer. You can also ask Aware Super to move the balance in any other super fund into your Aware Super account (called ‘consolidating funds’).
Explore further: How to Change Super Funds
Frequently asked questions about Aware Super
Latest in superannuation
Canstar Superannuation Star Ratings and Awards
Looking for an award-winning product or to switch providers or brands? Canstar rates products based on price and features in our Star Ratings and Awards. Our expert Research team shares insights about which products offer 5-Star value and which providers offer outstanding value overall. We also reveal which providers have the most satisfied customers in our dedicated Customer Satisfaction Awards.
Compare more:
Compare super with income protection
Superannuation with easy online application
Top Super Funds For Australians Aged 50-59
Best performing retail super funds on Canstar's database
Compare super funds for young adults (18-29)
Low fee super funds
Life insurance through superannuation
Best performing super funds in Australia
Superannuation - industry super
About the authors
Amanda Horswill, Former Deputy Editor, Canstar
Joshua Sale, Group Manager, Research & Ratings
As Canstar’s Ratings Manager, Josh Sale is responsible for the methodology and delivery of Canstar’s Superannuation Star Ratings and Awards. With tertiary qualifications in economics and finance, Josh has worked behind the scenes for the last five years to develop Star Ratings and Awards that help connect consumers with the right super fund for them.
He believes that for many Australians, superannuation is arguably the most important financial product they will ever have, as the fees you’re paying and your fund’s performance could be the difference between a comfortable retirement and struggling to pay the bills.
When it comes to his own super, the phrase ‘set and forget’ is not in Josh’s vocabulary. Not only does he check his super balance monthly, he maintains spreadsheets with projections to ensure he’s on track for retirement. He is passionate about helping others to actively monitor their super and make sure they are on track for the best retirement possible.
As one of Canstar’s spokespeople, Josh has been interviewed on a wide range of personal finance topics by media outlets such as the Australian Financial Review, news.com.au and Money Magazine.
You can follow Josh on LinkedIn, and Canstar on Twitter and Facebook.
Thanks for visiting Canstar, Australia’s biggest financial comparison site*
Important information
For those that love the detail
This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.