How does legalsuper compare?
legalsuper has a wealth of experience supporting those within the legal community to protect and grow their wealth. Find out more about how we compare to other super funds.
Strong performance over the short and long term
legalsuper’s default investment option for Employer-sponsored members is MySuper balanced; this is where members will be invested if they don't make an investment choice. The below chart shows how our MySuper balanced option compares with the industry median.
These returns are net of investment fees and tax, gross of administration fees.
Past performance is not a reliable indicator of future performance and should not be the sole factor considered when selecting a fund. As at 30 June 2019, most members were invested in the MySuper balanced investment option which has been available since 1 July 2013. Prior to 1 July 2013, it was known as the Growth option.
The industry median is as advised by SuperRatings. SuperRatings is an independent research provider for the superannuation industry. Its research helps super funds monitor and improve their performance and benchmark themselves against their peers
- As at 30 June 2019 most members were invested in the MySuper balanced investment option which has been available since 1 July 2013. Prior to 1 July 2013, it was known as the Growth option.
- This return is net of investment fees and tax, gross of administration fees.
- The industry median is as advised by SuperRatings. SuperRatings is an independent research provider for the superannuation industry. Its research helps super funds monitor and improve their performance and benchmark themselves against their peers
Choice & control
legalsuper offers a range of investment options, so you can have choice and control over how your money is invested, and flexibility with how you manage your income in retirement.
- 13 investment options
You can invest in a mix of the 13 options to suit your personal risk level and values. You can change your investments at any time, as your needs change.
- Direct Investments
Our Direct Investment option(DIO) is an SMSF alternative which allows you to invest directly in shares of your choice. You can trade in real-time in our online DIO platform, investing in S&P/ASX300 shares, a range of Term Deposits and a choice of Exchange-traded Funds (ETF's) and Listed Investment Companies (LICs).
- Four retirement income options
Transition to Retirement Pension and Retirement Pension accounts allow you to draw your super into your bank account over time, like an income, while keeping the balance invested.
Our Lifetime Guaranteed Income Account and Fixed Term Guaranteed Income Account are annuities which offer a guaranteed income for a specified period of time.
We pride ourselves on offering personal service, tailored to suit the needs of our members.
Every legalsuper member has access to a dedicated Client Service Manager who they can meet with in person, or over the phone, at no additional cost. Our Client Service team are committed to making super easy and effective. With an average experience of 20 years in the financial industry, you can have confidence in knowing you’re being looked after by a skilled super consultant.
Help and guidance in-person or over the phone. We're here to help you understand and optimise your super, and plan your retirement strategies.
We know life can be busy, so we’re happy to come to you. Have confidence in your super for tomorrow, while prioritising your life today. We can even set up workplace seminars on a range of topics.
Meet the team
Meet our team of Client Service Managers
They're available to meet you in-person or over the phone.
and can help you to:
• maximise your super
• consolidate accounts
• adjust insurance cover
• make an investment choice
• plan for retirement...and more.
Fees and costs
We're an industry super fund, which means we're an all profits for members fund. One of these:
Our sole purpose is to maximise the retirement savings of our members. We don't pay commissions or dividends to agents or shareholders, we aim to keep our fees and costs competitive.
Our administration fee
This is designed to keep cover the costs of administering your account in a way which is fair to all members.
$1.30 per week + 0.29% of your account balance.
These fees are capped, to keep your costs low.
There are some other fees which cover the cost of your particular investment and vary depending on what you're invested in. For more information about what it costs to invest your retirement savings with us, view our fees & costs page.
Invested in our community
Our commitment to the legal community runs deeper than wealth management. We’re a super fund first, but also a partner through your career and into retirement. We have a long and proud history alongside Australia’s law institutions, giving back to our industry and helping those within it.
We partner with all of Australia's Law Institutes and Societies, supporting Continuing Professional Development (CPD) programs and events across the country.
Well-being and the law
In partnership with expert organisations, we advance the conversation around mental well-being in the law. Health, a sense of wellbeing and a secure future are all part of a prosperous life.