Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Industry fund
Aware Super uses a Lifecycle default in its Future Saver account and offers retirement income accounts, investment choice and several levels of advice.
Public membership is available. Some former scheme members, including defined-benefit and employer groups, need the documents for their own plan.
Industry fund brand
Catholic Super remains a separate brand within Equip Super. Its background in Catholic education and healthcare is useful context, but the name alone does not tell you the investment screens or product terms.
Check the current joining and employer criteria. The brand serves its established community as well as members whose circumstances fit the product.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
The costs and returns belong to the selected product, option or lifecycle stage.
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
| What to compare | Aware Super | Catholic Super |
|---|---|---|
| Membership and access | Public membership is available. Some former scheme members, including defined-benefit and employer groups, need the documents for their own plan. Sources1 | Check the current joining and employer criteria. The brand serves its established community as well as members whose circumstances fit the product. Sources1234 |
| Accounts and products | Future Saver public accumulation account; restricted legacy and employer arrangements are separate. Future Saver Retirement Income Retirement Transition Legacy defined-benefit arrangements Sources12345678 | Superannuation, transition-to-retirement income and retirement income. Sources1234 |
| Investment choices | MySuper Lifecycle Future Saver members who do not choose an investment option use MySuper Lifecycle, which changes the mix with age. Members can choose diversified or single-asset-class investments instead. The retirement-account default is Conservative Balanced, rather than the accumulation Lifecycle approach. Sources23 | Diversified and sector-specific choices. The default is MySuper for super accounts, Capital Stable for transition-to-retirement accounts and MyPension for retirement income accounts. Sources1234 |
| Insurance | Death, TPD and income protection cover are available through TAL policies, subject to eligibility. Basic Cover comprises death and TPD; other cover can require an application. NSW Police and Ambulance officers have special arrangements and should use their own insurance handbooks. Sources56 | Read the current Catholic Super insurance documents for the relevant employer or personal arrangement. Sources1234 |
| Retirement income | Retirement Income is the account-based pension product. Retirement Transition is for eligible members accessing super while working and automatically becomes Retirement Income at age 65. Members can keep the Conservative Balanced default or choose their own investment mix. Sources34 | MyPension invests across Cash, Capital Stable and Growth. This is an investment allocation strategy, with market risk, rather than a promise to pay income for life. Sources1234 |
| Advice and support | Aware offers help about its accounts, personal retirement advice and broader financial advice. Advice about Aware accounts can be available at no extra cost, while broader advice has a fee. Confirm what the service covers before relying on it for decisions involving other assets or another fund. Sources48 | Financial planning is available through Togethr Financial Planning. Confirm the work covered and the agreed charge before requesting a personal plan. Sources1234 |
| Fee details to check | Compare the fee for the actual Lifecycle age allocation or chosen option. A retirement account and Future Saver can have different administration and investment costs, so the accumulation total should not be carried into a pension comparison. Sources12345678 | Compare the current Catholic Super product disclosure with the same product phase elsewhere. Shared investment infrastructure with Equip does not justify guessing that every member fee and insurance term is identical. Sources1234 |
| Comparing investment performance | A Lifecycle comparison must match the member's age and the relevant investment mix. Conservative Balanced pension results and Future Saver results differ in investment strategy and tax treatment; a single brand-level return would obscure those differences. Compare Future Saver's Lifecycle for the same age, and compare retirement accounts separately. Check whether advice being compared is general guidance, personal advice about the fund, or broader financial planning. Sources3 | Use the current aligned investment menu and its predecessor notes. Compare individual options with similar asset mixes. Sources1234 |
| Former names and account history | First State Super: Renamed Aware Super in September 2020. StatePlus: Former advice and retirement brand, acquired by First State Super in 2016 and rebranded in 2020; do not confuse with State Super NSW defined benefit schemes. TelstraSuper: Heritage TelstraSuper accounts moved to Aware Super, with new arrangements from 1 May 2026; heritage insurance terms remain account-specific. Sources91011 | This detail has not been verified for this profile. Check the current product documents. |
THE SUPERGURU VIEW
Aware is worth examining if you want investment management and help with retirement decisions in the same place. The change from an accumulation Lifecycle default to a Conservative Balanced retirement default deserves a close look: it is a meaningful change in how your money is invested, not just a new account name.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
A useful candidate for people who value its workplace relationships or want the retirement services offered through the brand.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
Use the membership rules to establish which accounts are available to you. Then compare the total price of the investment option and cover you need. A lower fee or higher historical return alone does not tell you which fund is suitable.
Ask both funds to confirm insurance acceptance, exclusions, waiting periods and whether cover would change when you leave your employer. Obtain advice before giving up a defined benefit or an insurance policy you may not be able to replace. ASIC Moneysmart explains the comparison checks.
Read the full Aware Super profile · Read the full Catholic Super profile · Choose another comparison
Checked 2026-09-11. Documents and product terms can change after this date.
Checked 2026-09-11. Documents and product terms can change after this date.