AustralianSuper

AustralianSuper is the largest Australian superannuation and pension fund, with roughly 1 in 10 Australian workers as members.[1]

AustralianSuper

Type	Non-Profit
Industry	Industry superannuation
Key people	Ian Silk, CEO Mark Delaney, CIO
Products	Superannuation
Website	www.australiansuper.com

AustralianSuper is an industry superannuation fund run only to profit members. AustralianSuper has a MySuper authority, meaning it can accept default contributions from an employer on behalf of employees who have not nominated a superannuation fund. It is owned by the Australian Council of Trade Unions (ACTU) and employer peak body the Australian Industry Group (Ai Group).

As of 2017, AustralianSuper had more than $120 billion assets invested around the world, including shares, airports, office blocks and shopping centres.[2]. This includes two-thirds of London's Kings Cross Central development.

As of June 2018, AustralianSuper was managing approximately $140 billion (AUD$) for 2.2 million members, [3] growing to $155 billion in May 2019. [4]

AustralianSuper also offers a 'Member Direct' option[5], allowing users greater control in selecting a portfolio of Australian shares, ETF's, term deposits and cash.