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legalsuper vs Superhero Super

Compare what each fund offers, then choose investment options to put their published costs and returns side by side.

By SuperGuru Group · Research checked 11 September 2026 · Historical APRA figures to 30 June 2026

legalsuper

Industry fund

legalsuper is aimed at the legal profession and gives members both managed investment options and a direct investment facility.

Membership

Check current employer-sponsored and personal membership terms. The account category matters when comparing fees and insurance.

Superhero Super

Retail fund brand

Superhero Super offers managed investments, thematic choices and direct shares and ETFs within super.

Membership

Public membership under the applicable MySuper or Choice documents.

Compare fees and investment returns

Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.

APRA product data to 30 June 2026
MeasureMySuperSuperhero Super MySuper
Return basisMySuper net return after administration costs, $50,000 representative memberMySuper net return after administration costs, $50,000 representative member
3-year return, per year10.11%9.95%
5-year return, per year7.32%5.96%
7-year return, per year7.53%6.67%
10-year return, per year7.90%6.79%
APRA strategic growth allocation77.72%80.50%
Reported total fees, net of tax, at $50,000$470 a year (0.94%)$350 a year (0.70%)
Administration and advice costs, net of tax (included in total)$190 a year$195 a year
2026 performance testPassPass
New-member status at reporting dateCheck the current product eligibility rulesCheck the current product eligibility rules

Reading these two options

At $50,000, the reported annual total-cost difference is $120. Superhero Super's selected reporting pathway has the lower reported cost on this measure. The figures cover the year to June 2026; current prices, insurance and separately charged advice can change the comparison.

The growth allocations are 77.72% and 80.50%. A return gap can reflect different exposure to growth assets, and similar headline allocations can still contain different investments.

A performance-test pass is a benchmark result for the tested product or pathway. It is not an endorsement or a guarantee of future performance.

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.

How the products differ

legalsuper and Superhero Super: product features and conditions
What to comparelegalsuperSuperhero Super
Membership and access

Check current employer-sponsored and personal membership terms. The account category matters when comparing fees and insurance.

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Public membership under the applicable MySuper or Choice documents.

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Accounts and products

Superannuation, pension and transition-to-retirement pension.

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Superhero Super Choice and MySuper.

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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.

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Diversified, single-sector, thematic and direct options. At least 25% of a Choice balance must remain across diversified or single-sector options.

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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.

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MySuper and Choice insurance terms differ. There is no insurance in the retirement division; retaining accumulation cover requires a sufficiently funded super account.

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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.

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Retirement and transition-to-retirement accounts are available, with a $20,000 minimum under the PDS dated 2 June 2026.

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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.

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The service supports self-directed investment decisions. Personal advice should be arranged where needed.

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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.

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Choice administration is $52 a year plus a balance-based fee; investment fees vary and direct investing adds costs. MySuper has its own schedule.

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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.

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The website's investment returns exclude administration fees and costs. Direct portfolios have member-specific returns.

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THE SUPERGURU VIEW

Our take on legalsuper

Editorial assessment

Worth examining for legal professionals or eligible members who want more investment control and will use the direct menu.

What deserves a closer look

  • The direct facility is unavailable in transition-to-retirement pensions.
  • A broad investment menu does not remove the need to manage concentration, cash and trading costs.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

THE SUPERGURU VIEW

Our take on Superhero Super

Editorial assessment

Relevant for an investor who wants more control but accepts the portfolio limits and costs.

What deserves a closer look

  • The required 25% managed or single-sector allocation limits a wholly direct portfolio.
  • A newly registered legal fund is not evidence that the current consumer product has already transferred.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

Before choosing between legalsuper and Superhero Super

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 Superhero Super profile · Choose another comparison

Sources for legalsuper

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Investment options
  2. Fees and direct-investment restrictions
  3. Member outcomes and direct investments
  4. legalsuper

Sources for Superhero Super

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Investment options and return basis
  2. Product and fees
  3. Current additional information guide
  4. Retirement and transition-to-retirement PDS, 2 June 2026