How does Mercer Super stack up?
Backed by 75 years of global investment expertise, a history of strong returns, and some of the most competitive fees in Australia, Mercer Super is supporting more than 850,000 members achieve a brighter future.
Lower fees, means more money in your super
Low fees mean more value for you, more confidence about your financial future and more savings to rely on when you stop working.
In April 2023, we reduced our standard fees for members – and they’re now lower than most of our major competitors.1 In fact, our MySuper SmartPath® standard fees are around 13% below the MySuper market average.*
See how our standard fees for a member with a super balance of $50,000* compare to other super funds.
Annual Fees (Admin and Investment) based on $50,000 Account Balance
* Source: Chant West MySuper Default Fee Tables June 2023 – for $50,000 account balance. Fees are for Mercer SmartSuper - SmartPath® (our MySuper product) at 1 April 2023 and the total includes administration, investment and transaction fees. Chant West uses our 1964-1968 investment option for purposes of comparison with other MySuper funds – as this is the highest annual fee for our SmartPath options. You may pay less than this if you are in another SmartPath option or in an employer plan. For details on fees for each of our SmartPath options, or if you’ve chosen your own investment option/s, go to the ‘How Your Super Works’ Guide online.
Focused on long term returns
At Mercer Super, we’re focused on delivering strong, long-term returns for our members. Our local know how and global expertise are put to work for you, with 2,000 investment experts in 42 markets, seeking out opportunities in Australia and around the world.
Our default investment option, Mercer SmartPath® delivered strong performance with returns around 12% for most of our members aged under 55 years for the financial year ended 30 June 2023. This is higher than many of our largest competitors and above the Default Options median of 9.3%.2
Over the longer term, Mercer Super’s default investment option, Mercer SmartPath has delivered 8.0% over seven years for one of our largest cohorts of members, outperforming the comparative industry median of 7.0% p.a.3
See how Mercer’s SmartPath® returns compare to the median for all default funds.4
The information on this page is updated annually, following the end of the most recent financial year calendar and when the relevant 30 June performance figures are available.
Mercer SmartPath vs Default Option peers
(after tax and investment fees) 30 June 2023
Mercer Super Trust’s analysis of Mercer SmartPath (born 1974-1978), compared to the median of all default funds reported in SuperRatings Fund Crediting Rate Survey –Default Options as at 30 June 2023.
Note: While Mercer Super did not feature in the official June 2023 survey, Mercer Super is captured in the revised data file.
Compare us with other super funds
Compare our investment returns, fees, insurance offer and member services with over 200 other funds through AppleCheck5 – a free super comparison tool managed by leading research firm Chant West.
More ways to support you
Mercer Super offers members the opportunity to become more secure and confident in their financial life journey. Explore the ways we’re here to support you and your loved ones.
Access a range of financial advice support tools and services to help make the decisions that will work best for you.
Care & Living with Mercer helps members, and their loved ones, navigate ageing care with confidence.
As a member, you have access to insurance in your super to help ensure financial security for you and your loved ones.
Join Mercer Super today!
Become a Mercer Super member and join 850,000 plus other Australians enjoying the benefits Mercer Super offers
1 Chant West MySuper Default Fee Tables June 2023 – for $50,000 account balance. Fees are for Mercer SmartSuper – SmartPath® (our MySuper product) at 1 April 2023 and the total includes administration, investment and transaction fees. Chant West uses our 1964-1968 investment option for purposes of comparison with other MySuper funds – as this is the highest annual fee for our SmartPath options. You may pay less than this if you are in another SmartPath option or in an employer plan. For details on fees for each of our SmartPath options, or if you’ve chosen your own investment option/s, go to the ‘How Your Super Works Guide online. Fees and costs can vary from year to year. Past fees and costs are not a reliable indicator of future fees and costs. Fees and comparisons may differ for other investment options and account balances.
2 After investment fees and tax, Mercer Super Trust’s analysis of Mercer SmartPath, with the exception of Mercer SmartPath – Born 2004-2008, all cohorts with members aged under 55 years returned at least 12% for the 2022/23 financial year (and invested for the full 2022/23 financial year). This compares to the median of all default funds reported in SuperRatings Fund Crediting Rate Survey – Default Options as at 30 June 2023 of 9.3%. Note: While Mercer Super did not feature in the official June 2023 survey, Mercer Super is captured in the revised data file. Based on Mercer SmartPath membership data as at 31 March 2023 and for members invested for the full 2022/23 financial year. Superannuation is regarded as a long-term investment and past performance is not an indication of future performance.
3,4 Mercer Super Trust’s analysis of Mercer SmartPath (born 1974-1978), one of the largest cohorts, after investment fees and tax, compared to the median of all default funds reported in SuperRatings Fund Crediting Rate Survey – Default Options as at 30 June 2023.
5 By clicking the ‘Compare us’ button you will be linked to the Chant West website. Mercer Superannuation (Australia) Limited, ABN 79 004 717 533, Australian Financial Services Licence #235906, the trustee of the Mercer Super Trust (‘Mercer Super’) ABN 19 905 422 981 takes no responsibility for the content of the website. Chant West AppleCheck is provided solely by Zenith CW Pty Ltd (Chant West) ABN 20 639 121 403. When using AppleCheck through this webpage, the default super fund division you will be comparing against is Mercer SmartSuper. You are able to compare against more than 200 super funds, including Mercer Super’s other fund divisions which are Mercer Business Super, Mercer Portfolio Service, Mercer SmartSuper Plan – Employer Default, and Mercer SmartSuper Plan – Individual Section. If you are a Mercer Super member and don’t know the name of your fund division, you can find out the name by logging on to Member Online. If you are a member of a tailored employer plan with Mercer Super then the fees and performance numbers on AppleCheck might not reflect the actual fees and performance numbers of your tailored plan, as you might already benefit from discounts your employer has negotiated with us. Past performance is not a reliable indicator of future performance.
6 Mercer Super has been recognised with several SuperRatings awards, including SuperRatings’ highest platinum rating for our Corporate Superannuation Division product. The Corporate Superannuation Division product also received SuperRatings 15 Year Platinum Performance award, based on investment returns, fees, insurance, member servicing, administration and governance. The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2024 SuperRatings. All rights reserved.