Russell Investments iQ Super
Retail fund
iQ Super combines an age-based default with a sizeable menu of active, indexed and low-carbon investments.
Membership
For Life and employer-based arrangements have their own product terms.
Russell Investments iQ Super vs Vision Super
Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Vision Super
Industry fund
Vision Super now includes the former Active Super membership. Its current products need to be read alongside the transfer notices, because the merger did not make every historical option or insurance arrangement identical.
Membership
The fund has Super Saver and Personal products, plus existing defined benefit and retirement arrangements. Eligibility and insurance can differ by product.
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.
| Measure | Choose an investment option | Vision MySuper |
|---|---|---|
| Return basis | Choose an option | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | Choose an option | 9.16% |
| 5-year return, per year | Choose an option | 6.69% |
| 7-year return, per year | Choose an option | 7.59% |
| 10-year return, per year | Choose an option | 8.14% |
| APRA strategic growth allocation | Choose an option | 76.58% |
| Reported total fees, net of tax, at $50,000 | Choose an option | $305 a year (0.61%) |
| Administration and advice costs, net of tax (included in total) | Choose an option | $115 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.
How the products differ
| What to compare | Russell Investments iQ Super | Vision Super |
|---|---|---|
| Membership and access | For Life and employer-based arrangements have their own product terms. Sources123 | The fund has Super Saver and Personal products, plus existing defined benefit and retirement arrangements. Eligibility and insurance can differ by product. Sources12345 |
| Accounts and products | iQ Super and iQ Retirement. Sources123 | Super Saver, Personal, pension and transition-to-retirement products, with existing defined benefit arrangements. Sources12345 |
| Investment choices | GoalTracker is the age-based MySuper default. The menu also includes diversified, sector, responsible and third-party indexed options. Sources123 | A range of diversified and single-asset choices. Some former Active products retain their own history and disclosures. Vision's Diversified Bonds option closed in June 2026, while the former Active Managed Cash option was consolidated in October 2025. Sources12345 |
| Insurance | Insurance applications and terms differ by membership and employer plan. Sources123 | The fund publishes separate insurance documents for Super Saver and Personal. Employment type, including casual employment, can affect the application process. Sources12345 |
| Retirement income | iQ Retirement includes pension and transition-to-retirement arrangements. Sources123 | Pension and transition-to-retirement accounts are available. Existing lifetime or defined benefit pensions require their own scheme information. Sources12345 |
| Advice and support | Member resources include retirement support and advice; confirm the scope and fee for your request. Sources123 | Vision Super Financial Planners can help with super and pension questions. The tailored-advice schedule sets out which services carry a fee. Sources12345 |
| Fee details to check | Use the PDS and plan booklet for the precise iQ product. Employer pricing must not be assigned to every iQ member. Sources123 | Use the current PDS for your product, not an old Active Super cost estimate. Former Active members should check their transfer notice and current statement. Sources12345 |
| Comparing investment performance | GoalTracker changes exposure with age. Compare the correct stage and use the same fee basis as the competing option. Sources123 | Vision publishes separate performance information where needed for former Active options. Its notes distinguish super, transition-to-retirement and retirement pension returns because their tax treatment differs. Sources12345 |
THE SUPERGURU VIEW
Our take on Russell Investments iQ Super
A useful candidate for someone who wants Russell's investment range or an employer plan with negotiated terms.
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 Vision Super
Especially relevant for existing Vision or former Active members assessing their current arrangements and comparing alternatives.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
Before choosing between Russell Investments iQ Super and Vision 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 Russell Investments iQ Super profile · Read the full Vision Super profile · Choose another comparison
Sources for Russell Investments iQ Super
Checked 2026-09-11. Documents and product terms can change after this date.
Sources for Vision Super
Checked 2026-09-11. Documents and product terms can change after this date.