Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Retail fund
Essential Super is an accumulation product that can be managed through the CommBank app. It offers an age-based default and a smaller investment menu than a full platform.
Members can apply through NetBank or the CommBank app after registration. Check the PDS and target market determination for eligibility and whether the product fits your intended use.
Retail investment platform
Mason Stevens Super provides an account for an adviser-selected investment portfolio, with super and pension administration in one service.
Access and portfolio arrangements are handled through an adviser. Review the super PDS rather than relying on the wider firm's investment-service material.
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 | Essential Super | Mason Stevens Super |
|---|---|---|
| Membership and access | Members can apply through NetBank or the CommBank app after registration. Check the PDS and target market determination for eligibility and whether the product fits your intended use. Sources14 | Access and portfolio arrangements are handled through an adviser. Review the super PDS rather than relying on the wider firm's investment-service material. Sources123 |
| Accounts and products | Essential Super distributed by CommBank and provided by CFS; distinct from FirstChoice. Essential Super accumulation Sources12345 | Mason Stevens Super and pension. Sources123 |
| Investment choices | Lifestage The Lifestage option adjusts investments according to the member's birth cohort. Members can instead choose pre-mixed or DIY investment options, or combine them with Lifestage. The product does not offer a full direct-share trading menu. Sources3 | The platform gives access to managed investments and portfolio services. The PDS includes a Foundation ETF Balanced example, but that example is not every member's portfolio. Sources123 |
| Insurance | Cover is provided through AIA Australia and is subject to eligibility and acceptance. The target-market information flags limitations on cover for an existing illness or injury in some circumstances, with different treatment for tailored cover. Confirm the actual policy before relying on it. Sources125 | Ask the adviser to identify the available insurer, eligibility and terms in the current super disclosure before arranging or replacing cover. Sources123 |
| Retirement income | The current product information says Essential Super is not designed for people who are retired and need a retirement income. Someone approaching drawdown should compare pension products separately rather than assume the banking-app account becomes a pension. Sources1 | Super and pension accounts have different cash requirements and payment needs. Sources123 |
| Advice and support | CFS provides product support and disclosure documents. This research has not verified that personal financial advice is included for all Essential Super members; confirm the service available and any cost directly. Sources5 | An adviser helps select and manage the portfolio. Adviser remuneration is additional to the platform's standard cost example. Sources123 |
| Fee details to check | The cost includes administration, investment and net transaction charges. Buy/sell spreads can also apply to contributions, withdrawals and switches, with insurance additional. The current public comparison uses a particular Lifestage cohort and balance, so it should not be generalized to every member. Sources24 | Include account fees, administration, the cash margin, investment costs and adviser charges. The PDS's worked example uses $48,000 in a model and $2,000 in cash, which affects the result. Sources123 |
| Comparing investment performance | Use Essential Super's own Lifestage cohort or chosen investment results. FirstChoice's investment returns are a separate product comparison, even though both are provided by CFS. Match the same age, risk and period. Keep Essential Super separate from FirstChoice and CFS Edge. Include the planned move into a pension when comparing options for someone near retirement. Sources3 | Assess the selected investments and actual cash allocation. A model's published return does not necessarily include all account and advice costs. Sources123 |
THE SUPERGURU VIEW
The app integration may help someone pay attention to their super, and a limited menu can reduce unnecessary decisions. It still needs to earn its place on investment cost, risk and insurance. The absence of a retirement-income product is a practical issue for members nearing that stage.
Sources1
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
A candidate for an advised member who needs portfolio services and can explain what they add to a simpler diversified option.
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 Essential Super profile · Read the full Mason Stevens 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.