Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Retail investment platform
Perpetual Super Wrap provides investment choice and consolidated reporting for super and pension portfolios.
Confirm access, advice requirements and minimum balance in the current Super Wrap PDS before applying.
Restricted public sector fund
PSSap is CSC's accumulation fund for eligible current and former Australian Government employees.
Joining normally requires eligible government employment. After 12 continuous months in eligible employment, a member can receive contributions from other employers. Some CSS and PSS members can open a personal accumulation account, subject to eligibility.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
| Measure | Choose an investment option | PSSap MySuper |
|---|---|---|
| Return basis | Choose an option | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | Choose an option | 9.74% |
| 5-year return, per year | Choose an option | 6.77% |
| 7-year return, per year | Choose an option | 7.10% |
| 10-year return, per year | Choose an option | 7.57% |
| APRA strategic growth allocation | Choose an option | 69.06% |
| Reported total fees, net of tax, at $50,000 | Choose an option | $455 a year (0.91%) |
| Administration and advice costs, net of tax (included in total) | Choose an option | $75 a year |
| 2026 performance test | Choose an option | Pass |
| 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 | Perpetual Super Wrap | PSSap |
|---|---|---|
| Membership and access | Confirm access, advice requirements and minimum balance in the current Super Wrap PDS before applying. Sources123 | Joining normally requires eligible government employment. After 12 continuous months in eligible employment, a member can receive contributions from other employers. Some CSS and PSS members can open a personal accumulation account, subject to eligibility. Sources123 |
| Accounts and products | Perpetual Super Wrap superannuation and pension. Sources123 | Public Sector Superannuation Accumulation Plan. CSCri retirement accounts use the same fund ABN but have separate terms. PSSap employer-sponsored membership PSSap personal accumulation CSCri retirement income Sources123 |
| Investment choices | The wrap offers a broad range of underlying investments. The current menu and each investment's disclosure govern availability, risk and any restrictions. Sources123 | PSSap MySuper Balanced Members can choose among four investment options. The MySuper comparison applies to Balanced; it does not describe every PSSap account. Sources123 |
| Insurance | Check Super Wrap's own current terms for any available insurance. Insurance offered through another Perpetual super product should not be assumed to apply. Sources123 | lifePLUS can provide death, total and permanent disability and income protection cover. Automatic cover depends on eligibility. Sources123 |
| Retirement income | The service supports accumulation, transition to retirement and retirement income arrangements. Sources123 | CSCri is a separate retirement income product. Its fees and tax treatment need a separate comparison. Sources123 |
| Advice and support | The value of a wrap usually rests on the portfolio and advice services a member actually uses. Request a clear account of those services. Sources123 | This detail has not been verified for this profile. Check the current product documents. |
| Fee details to check | Calculate platform charges together with underlying investments, transactions, cash-account effects and any adviser remuneration. Sources123 | This detail has not been verified for this profile. Check the current product documents. |
| Comparing investment performance | Use the selected portfolio and actual costs. A return from WealthFocus or Select does not describe a Super Wrap member's investments. Sources123 | Use the same balance, investment risk and reporting date on both sides. Sources123 |
THE SUPERGURU VIEW
May suit someone who needs a broader portfolio service and wants the trustee to handle super compliance.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
PSSap deserves a place on an eligible employee's shortlist, especially when assessing their employment package. Check the contribution and insurance arrangements attached to the job before comparing funds on fees alone.
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 Perpetual Super Wrap profile · Read the full PSSap 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.