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Industry fund

legalsuper

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

THE OVERVIEW

About legalsuper

The fund's legal-industry focus is paired with a product range for super and retirement. Its direct option provides a different level of control from the pooled investment menu.

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Who can join

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

Visit the official website

THE SUPERGURU VIEW

Our take

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 NUMBERS

Fees and investment returns

Use the product, investment option and employer plan on your statement. Lifecycle members need to choose the relevant stage. APRA's investment pathways may include closed options held by existing members.

APRA product data to 30 June 2026
MeasureMySuper
Return basisMySuper net return after administration costs, $50,000 representative member
3-year return, per year10.11%
5-year return, per year7.32%
7-year return, per year7.53%
10-year return, per year7.90%
APRA strategic growth allocation77.72%
Reported total fees, net of tax, at $50,000$470 a year (0.94%)
Administration and advice costs, net of tax (included in total)$190 a year
2026 performance testPass
New-member status at reporting dateCheck 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.

A CLOSER LOOK

Inside legalsuper

Accounts and products

Superannuation, pension and transition-to-retirement pension.

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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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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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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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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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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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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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Features worth considering

Access to direct securities within a regulated super product.

A legal-industry membership focus with pension options.

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THE LEGAL FUND

Fund size in APRA's annual reporting

legalsuper

Total assets$7,109,214,000
Member accounts47,345

At 30 June 2025. These are legal-fund totals, which can include several products and more than one account per person.

APRA annual fund-level statistics, June 2025. These older totals can differ substantially after mergers. Size is not a measure of suitability or investment quality.

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