Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Closed public sector scheme
CSS is a closed Commonwealth scheme whose benefit depends on more than the investment return shown on a statement.
Relevant to existing contributors, deferred members and pensioners. Some returning employees must or may resume contributing.
Retail investment platform
Perpetual Super Wrap provides investment choice and consolidated reporting for super and pension portfolios.
Confirm access, advice requirements and minimum balance in the current Super Wrap PDS before applying.
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 | CSS | Perpetual Super Wrap |
|---|---|---|
| Membership and access | Relevant to existing contributors, deferred members and pensioners. Some returning employees must or may resume contributing. Sources12 | Confirm access, advice requirements and minimum balance in the current Super Wrap PDS before applying. Sources123 |
| Accounts and products | Commonwealth Superannuation Scheme, including defined benefit and accumulation components. CSS defined benefit CSS accumulation component Sources12 | Perpetual Super Wrap superannuation and pension. Sources123 |
| Investment choices | Investment earnings affect the funded component; they are only part of the overall benefit calculation. Sources12 | The wrap offers a broad range of underlying investments. The current menu and each investment's disclosure govern availability, risk and any restrictions. Sources123 |
| Retirement income | The main retirement benefit is generally a pension. Age, service, reason for leaving and sometimes final salary affect its calculation. Sources12 | The service supports accumulation, transition to retirement and retirement income arrangements. Sources123 |
| Comparing investment performance | Explain benefits beside other schemes without treating CSS as a fund anyone can join. Sources12 | Use the selected portfolio and actual costs. A return from WealthFocus or Select does not describe a Super Wrap member's investments. Sources123 |
| Insurance | This detail has not been verified for this profile. Check the current product documents. | Check Super Wrap's own current terms for any available insurance. Insurance offered through another Perpetual super product should not be assumed to apply. Sources123 |
| Advice and support | This detail has not been verified for this profile. Check the current product documents. | The value of a wrap usually rests on the portfolio and advice services a member actually uses. Request a clear account of those services. Sources123 |
| Fee details to check | This detail has not been verified for this profile. Check the current product documents. | Calculate platform charges together with underlying investments, transactions, cash-account effects and any adviser remuneration. Sources123 |
THE SUPERGURU VIEW
For a CSS member, an ordinary fund ranking answers too little. Get a benefit estimate for the actual exit date and compare the pension and lump-sum choices before considering any transfer.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
May suit someone who needs a broader portfolio service and wants the trustee to handle super compliance.
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 CSS profile · Read the full Perpetual Super Wrap 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.