Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Industry fund
legalsuper is aimed at the legal profession and gives members both managed investment options and a direct investment facility.
Check current employer-sponsored and personal membership terms. The account category matters when comparing fees and insurance.
Retail fund brand
Pearler Super is a digital accumulation account for members who want to choose ETFs and other approved ASX securities.
The PDS allows a zero initial investment, but an operating cash balance is required once the account is funded.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
| Measure | MySuper | Choose an investment option |
|---|---|---|
| Return basis | MySuper net return after administration costs, $50,000 representative member | Choose an option |
| 3-year return, per year | 10.11% | Choose an option |
| 5-year return, per year | 7.32% | Choose an option |
| 7-year return, per year | 7.53% | Choose an option |
| 10-year return, per year | 7.90% | Choose an option |
| APRA strategic growth allocation | 77.72% | Choose an option |
| Reported total fees, net of tax, at $50,000 | $470 a year (0.94%) | Choose an option |
| Administration and advice costs, net of tax (included in total) | $190 a year | Choose an option |
| 2026 performance test | Pass | Choose an option |
| New-member status at reporting date | Check the current product eligibility rules | Check the current product eligibility rules |
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 | legalsuper | Pearler Super |
|---|---|---|
| Membership and access | Check current employer-sponsored and personal membership terms. The account category matters when comparing fees and insurance. Sources1234 | The PDS allows a zero initial investment, but an operating cash balance is required once the account is funded. Sources123 |
| Accounts and products | Superannuation, pension and transition-to-retirement pension. Sources1234 | Pearler Personal Super accumulation. Sources123 |
| Investment choices | Members can choose managed options. Eligible accounts can also use the Direct Investment Option for ASX300 shares, selected ETFs, listed investment companies and term deposits. Sources1234 | Members can choose from a menu of ETFs and other ASX-listed securities through the Pearler apps. Sources123 |
| Insurance | The fund has insurance options for its membership. Compare the actual policy and occupation category, rather than treating a legal-industry label or award as proof of value. Sources1234 | There is no integrated insurance. Moving an entire balance from another fund can end the cover held there. Sources123 |
| Retirement income | Pension members have a managed menu and can access direct investment subject to its rules. Transition-to-retirement pension members cannot use the Direct Investment Option. Sources1234 | The current PDS does not offer a pension account. Sources123 |
| Advice and support | The fund provides member information and support. Personal financial advice should have a clear scope and agreed fee; only eligible super-related advice fees may be paid from the account. Sources1234 | The app offers investment tools. Any advice arrangement should be assessed separately from access to those tools. Sources123 |
| Fee details to check | Direct investing adds its own administration and other costs to the ordinary product schedule. Include these when comparing it with a pooled option or another direct-share facility. Sources1234 | Administration fees apply to the first $500,000, with eligible family-group caps. Add underlying investment costs, transactions and the effect of the cash account. Sources123 |
| Comparing investment performance | A member who holds direct securities has a personal portfolio return. It is not meaningful to assign the MySuper return to that portfolio. Sources1234 | Performance depends on the actual securities and cash held. There is no single Pearler portfolio return that applies to everyone. Sources123 |
THE SUPERGURU VIEW
Worth examining for legal professionals or eligible members who want more investment control and will use the direct menu.
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 a member who can construct and maintain a diversified listed portfolio and has separately considered insurance.
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 legalsuper profile · Read the full Pearler 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.