Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Retail investment platform
IconiQ Super Wrap is an advised portfolio account with accumulation, transition-to-retirement and retirement pension arrangements.
An adviser relationship is normally required to join; losing that relationship restricts some account features.
Retail fund brand
Living Super combines diversified investment options with a facility for listed investments, and lets ING customers see super alongside their banking.
Online applications are available to Australian residents aged 13 or over, subject to the product's terms.
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 | IconiQ Super Wrap | ING Living Super |
|---|---|---|
| Membership and access | An adviser relationship is normally required to join; losing that relationship restricts some account features. Sources1234 | Online applications are available to Australian residents aged 13 or over, subject to the product's terms. Sources123 |
| Accounts and products | Accumulation, Transition to Retirement Pension and Retirement Pension portfolios. Sources1234 | Living Super accumulation and retirement accounts. Sources123 |
| Investment choices | The menu includes managed funds, listed investments, managed accounts, cash and term deposits. Its SMA service provides access to managed portfolios. Sources1234 | Five diversified managed options span conservative to high-growth allocations. Listed investment access includes approved ETFs, shares and listed investment companies. Sources123 |
| Insurance | No insurance cover is offered within the division. Sources1234 | Check the Product Guide for cover availability, commencement and premiums; bank insurance products are separate from super insurance. Sources123 |
| Retirement income | Both transition-to-retirement and retirement pension accounts are available under the super PDS. Sources1234 | Pension arrangements are available under the Living Super disclosure. Sources123 |
| Advice and support | The adviser helps set and maintain the portfolio. Their advice fee and responsibilities are separate from the platform service. Sources1234 | Members can apply directly or speak with a financial adviser. Online access is an administration feature, not personal investment advice. Sources123 |
| Fee details to check | Include administration, underlying investments, transactions, advice and the cash administration fee. The product cost example excludes some costs of accessible investments. Sources1234 | Use the PDS and Product Guide for the chosen managed option or direct-investment arrangement. Brokerage, insurance and transaction costs need separate attention. Sources123 |
| Comparing investment performance | Judge the chosen holdings and cash allocation. Platform reporting is useful for monitoring a portfolio but is not a fund-wide investment strategy. Sources1234 | Option names do not establish equivalent risk. Living Super Growth's current published allocation is 75% growth assets, so compare its actual mix rather than the label alone. Sources123 |
THE SUPERGURU VIEW
May suit an advised household that can use the portfolio and aggregation features.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
Worth comparing for someone who wants ING account visibility or listed investments without administering an SMSF.
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 IconiQ Super Wrap profile · Read the full ING Living 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.