What is MySuper?
MySuper is a low-cost, default superannuation investment option that is made up of a single, diversified investment option and a minimum level of insurance cover
MySuper was introduced as part of the Federal Government’s 2011 ‘Stronger Super’ reforms and is designed to provide simpler, cheaper and more easily comparable super funds for all Australians. That’s why all MySuper products have a regulated set of features.
If you don't nominate your own investment strategy, or are joined automatically by your employer, your money is invested in the IOOF Balanced Investor Trust, our MySuper default investment option.