GuildSuper superannuation

GuildSuper is a super fund for the pharmacy, veterinary and allied health industries that is particularly focused on the financial wellbeing of women and their families.

Types of GuildSuper super accounts

GuildSuper offers two super investment alternatives – the MySuper Lifecycle Investment Strategy and MyMix Solution.

MySuper Lifecycle Investment Strategy

MySuper is the main superannuation product available to GuildSuper members. As part of a MySuper Lifecycle Investment Strategy, members have a lifecycle investment strategy chosen for them, and don’t need to customise their investment mix. For example, if a member is under 25 they default to a ‘Building Lifestage’ investment option; at 25 to 59 they default to the ‘Growing Lifestage’ phase, and at age 60 or over they default to the ‘Consolidating Lifestage’ stage. GuildSuper explains this superannuation strategy “takes the pressure off… as you don’t have to choose your own investments”.

MyMix Solution

As part of GuidSuper’s alternative MyMix Solution, members can choose from eight investment options, including both single-asset and diversified options. GuildSuper says MyMix allows members a “greater say” in how their money is invested.

What other services are available to GuildSuper members?

Other features that are available to members of GuildSuper include:

SUPERSUPER, a shop-and-save rewards program that includes cash rewards from hundreds of retailers
insurance cover, including death cover, total and permanent disablement (TPD) cover and income protection cover within your super account

GuildSuper says its members can benefit from:

“competitive” fees and charges
personal assistance
“great value” insurance
regular communications
online learning
“no commissions” being paid to financial advisers

How to join GuildSuper

Before committing to a particular fund, consider comparing your options with Canstar and checking out our choosing a super fund checklist. You can also read relevant Product Disclosure Statements, Target Market Determinations and related documents on the GuildSuper website to help decide.

If you are interested in joining GuildSuper, you can apply online or call 1300 361 477. Remember to tell your employer if you’ve joined GuildSuper. Your employer should give you a Superannuation Standard Choice Form to fill out, sign and return to them.

While GuildSuper says its super products, insurance cover and services are “designed for those who work in the pharmacy sector, veterinary and allied health industries”, even if you change industries, you can stay a member.

GuildSuper FAQs

Who owns GuildSuper?

GuildSuper is owned by Guild Group Holdings Limited.

How is my super invested with GuildSuper?

GuildSuper offers a choice of eight investment options at the time of writing, in addition to a default lifecycle investment strategy. Members can choose an investment strategy based on their age or preferred investment mix.

GuildSuper’s asset classes include Cash, Fixed Interest, Shares, Property and Alternative Investments. All GuildSuper investment options offer diversification in one or more ways, such as across asset classes or investments within an asset class, through different types of management, or across countries.

You can choose to invest in one option or a combination of options. You can also switch investment options. No switching fees apply but a buy/sell spread fee may be payable.

For more details, you can contact GuildSuper or read the PDS and other documentation on its website.

Does GuildSuper offer an ethical investment option?

GuildSuper’s external professional investment managers have the “flexibility to determine the extent” to which environmental, social and corporate governance (ESG) factors, as well as labour standards and ethics, influence their investment decisions. On request, disclosure documents are available from GuildSuper with further details. The Trustee of GuildSuper doesn’t invest in shares of companies that make tobacco, or that are associated with producing landmines, cluster bombs or nuclear weapons. GuildSuper is part of Tobacco Free Portfolios, a worldwide group which pledges to implement “tobacco-free” finance policies.

What fees does GuildSuper charge?

GuildSuper charges a variety of fees to its members in return for managing their superannuation savings. At the time of writing, fees and costs may include:

investment fees
administration fees
buy/sell spread fees
insurance fees

Other fees, costs and charges may apply too. Consider checking GuildSuper’s website or PDS for details. You can also compare the annual fees for GuildSuper’s default investment option to other super funds’ fees on Canstar’s database.

Can I consolidate my super with GuildSuper?

GuildSuper says you can consolidate your super with the fund. It says combining your other super funds into your GuildSuper account could help reduce the fees you pay. A GuildSuper superannuation consultant can help and personally take you through the process of finding any lost super. Alternatively, you can use your GuildSuper online account. You can also find out more about the process of consolidating super.

What should I check on my annual statement from GuildSuper?

To help you stay on top of your super, it may be beneficial to check your regular super statement closely. Here are some of the factors that could be worth paying attention to:

Are your personal details up-to-date?
Are your nominated beneficiaries up-to-date?
Are the super contributions from your employer and/or your voluntary contributions correct?
If you are a MyMix member, are your investment asset class choices appropriate for your life stage?
Are you happy with the amount you’re paying in fees?
Is your insurance appropriate to your needs?
Have you decided whether to consolidate your super, after checking whether there is insurance or any other benefits attached to the account you may lose and if you’re comfortable to do so?
The big picture – are you happy with your super fund overall?

Compare Superannuation

About GuildSuper

GuildSuper has a long history of providing superannuation services, especially for members in the pharmacy, veterinary and allied health industries. The fund is focused on working for women, and says it works to help women “understand, grow and protect their super; get rewarded for saving; close the gap; and create a better future”.

GuildSuper was established over 15 years ago and is part of the Guild Retirement Fund, which manages over $2 billion in superannuation savings for more than 75,000 members. GuildSuper also helps more than 16,000 employers meet their superannuation obligations.

This content was reviewed as part of our fact-checking process.

Written by: Jacqueline Belesky | Last updated: January 31, 2022