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Netwealth vs Retirement Benefits Fund

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

Netwealth

Retail platform

Netwealth Super Accelerator is a platform for building and administering a selected investment portfolio. Core and Plus have different investment menus.

Membership

Check the product's application requirements and whether a financial adviser will manage the account.

Retirement Benefits Fund

Closed public sector scheme

RBF retains defined benefit and pension arrangements for eligible Tasmanian public sector members.

Membership

Existing members, preserved members and eligible pensioners should check their particular membership category.

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.

Choose an investment option to see the figures

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.

How the products differ

Netwealth and Retirement Benefits Fund: product features and conditions
What to compareNetwealthRetirement Benefits Fund
Membership and access

Check the product's application requirements and whether a financial adviser will manage the account.

Sources123

Existing members, preserved members and eligible pensioners should check their particular membership category.

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Accounts and products

Super Accelerator Core and Super Accelerator Plus, with pension account options.

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Tasmania's RBF Contributory Scheme and eligible life pensions.

RBF Contributory Scheme

Eligible RBF Life Pension

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Investment choices

Core has a narrower menu of funds, models and income investments. Plus has broader managed-fund and listed-investment access.

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This detail has not been verified for this profile. Check the current product documents.

Insurance

Personal Super members can apply for group cover or eligible individual LifeWRAP policies, including death, TPD and income protection.

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This detail has not been verified for this profile. Check the current product documents.

Retirement income

Pension functionality is part of Super Accelerator; available investments and cash needs should be reviewed for the drawdown period.

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RBF life pension eligibility and conversion terms depend on membership history. Some withdrawals can remove access to particular pension conversion terms.

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Advice and support

The platform supports a nominated financial adviser, with agreed advice fees separate from investment and platform costs.

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This detail has not been verified for this profile. Check the current product documents.

Fee details to check

Include fixed and balance-based administration charges, underlying fund or model costs, trading costs and advice. A quoted Core administration percentage excludes additional fixed or minimum fees.

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This detail has not been verified for this profile. Check the current product documents.

Comparing investment performance

Performance belongs to the selected investments and the member's allocation, not the Netwealth brand.

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A pension estimate and survivor-benefit terms are more informative than a generic accumulation return.

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THE SUPERGURU VIEW

Our take on Netwealth

Editorial assessment

Best researched when an advised or self-selected portfolio needs the investments and reporting functions the platform provides.

What deserves a closer look

  • Do not assume a zero platform investment-fee line means the underlying investments are free.
  • An SMSF service is a different product and responsibility structure.

Sources123

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 Retirement Benefits Fund

Editorial assessment

A remaining right to an RBF pension can be the most important part of an account. Ask for written confirmation of what would survive a withdrawal or transfer before comparing the balance with another fund.

Who this profile is for

  • Existing Tasmanian RBF members weighing preservation, a lump sum or an eligible pension.

What deserves a closer look

  • This is not a fund open to the general public.
  • Historical pension terms should not be assumed to apply to every member.

Sources123

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

Before choosing between Netwealth and Retirement Benefits Fund

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 Netwealth profile · Read the full Retirement Benefits Fund profile · Choose another comparison

Sources for Netwealth

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

  1. Compare super options
  2. Core investment range
  3. Super Accelerator PDS

Sources for Retirement Benefits Fund

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

  1. Tasmanian legislation, continuing closure of contributory scheme
  2. RBF definitions and pension conversion restrictions
  3. RBF pension eligibility and fund ABN