Super

We read your super statement back in plain English.

Upload it and see what you hold, what it costs, what insurance comes with it and when that cover would stop. We add your fund’s ATO YourSuper ranking and APRA performance test result, as they publish them.

  • Insurance first
  • Lapse dates worked out
  • The ATO’s ranking, in your review

Review my statement

Drop your latest super statement here, or forward it from your inbox. We keep the figures, not the file.

ATO and APRA figures are shown as published. YourSuper ranks MySuper products only, so a choice product has no rank.

What it is

Super is money your employer pays into a fund for your retirement, 12% of your ordinary earnings. The fund invests it, charges fees and often includes insurance. You can usually take it out only at retirement age.

What to know

RequirementChoose your fund in week oneName your own fund on the Standard Choice Form at HR, before your first pay. If you do not, you join the employer’s default fund, and it follows you to every later job.Source: ATO, choosing a super fund
Good to knowMost funds include insuranceMost funds give default death and TPD cover, sometimes income protection, paid from your balance. It may be the only life cover you hold; your statement shows what it is.Source: Your fund’s product disclosure statement
RequirementCover can stop after 16 months without contributionsIf no contributions arrive for 16 months, default cover generally ends unless you tell the fund to keep it. Some funds use a shorter period.Source: Protecting Your Super rules
Good to knowDefault death cover shrinks with ageDefault cover is age-based. In one large fund it peaks around $185,600 between 36 and 40 and falls to $36,900 by 60.Source: Fund insurance guides

What we do

  • Read your statement back in plain English
  • Add your fund’s ATO ranking and APRA result, as published
  • Work out when cover would lapse, and remind you before it does

What we don’t

  • Rank funds ourselves or suggest switching
  • Work out what switching would gain you
  • Tell you how much cover you need
  • Keep the statement file, or any underwriting notes in it
  • Take money from super funds