Brighter Super was formed in July 2022 through the merger of three super funds: LGIA Super, Energy Super, and Sunsuper.
As of September 30th 2024 the combined entity had approximately 247,220 members with over $33.1 billion in assets under management.
Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
Past performance is not a reliable indicator of future performance.
See Suncorp Brighter Super vs Australian Super to see how they compare with Australia’s biggest super fund and for a comparison against all funds see compare super funds.
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super - MySuper | 10.89% | 10.26% | 8.22% |
| Median | 10.5% | 9.6% | 8.4% |
| Brighter Super - MySuper VS Median | 0.39% | 0.66% | -0.18% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super - MySuper | 26 | 0.7% | $376 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 24% | |
| 2 | International Shares | 32.5% | |
| 3 | Fixed Interest | 15.5% | |
| 4 | Alternative | 14.5% | |
| 5 | Property | 8.5% | |
| 6 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super Accum - Secure | 5.15% | 4.46% | 2.57% |
| Median | - | - | - |
| Brighter Super Accum - Secure VS Median | 5.15% | 4.46% | 2.57% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super Accum - Secure | 26 | 0.61% | $331 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 67% | |
| 2 | Alternative | 7% | |
| 3 | Property | 6% | |
| 4 | Cash | 20% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super Accum - Cash | 4.18% | 3.77% | 2.42% |
| Median | - | - | - |
| Brighter Super Accum - Cash VS Median | 4.18% | 3.77% | 2.42% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super Accum - Cash | 26 | 0.17% | $111 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Cash | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super Accum - Diversified Fixed Interest | 4.97% | 3.48% | 0.52% |
| Median | - | - | - |
| Brighter Super Accum - Diversified Fixed Interest VS Median | 4.97% | 3.48% | 0.52% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super Accum - Diversified Fixed Interest | 26 | 0.32% | $186 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super Accum - Property | 5.4% | -0.26% | 3.84% |
| Median | 10.5% | 9.6% | 8.4% |
| Brighter Super Accum - Property VS Median | -5.1% | -9.86% | -4.56% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super Accum - Property | 26 | 0.78% | $416 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Property | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super Accum - Australian Shares | 13.98% | 13.01% | 12.61% |
| Median | 11.7% | 11.4% | 10.3% |
| Brighter Super Accum - Australian Shares VS Median | 2.28% | 1.61% | 2.31% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super Accum - Australian Shares | 26 | 0.44% | $246 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Brighter Super Accum - Indexed Balanced | 12.21% | 12.03% | 9.4% |
| Median | 10.5% | 9.6% | 8.4% |
| Brighter Super Accum - Indexed Balanced VS Median | 1.71% | 2.43% | 1% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Brighter Super Accum - Indexed Balanced | 26 | 0.26% | $156 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 35% | |
| 2 | International Shares | 40% | |
| 3 | Fixed Interest | 20% | |
| 4 | Cash | 5% |
Members are offered Life, TPD and Income protection insurance with the following limits:
Life insurance: $5 million (including a maximum of $3 million for terminal illness cover).
TPD insurance: $3 million.
Income protection insurance: Up to 75% of your salary plus optional super contributions up to a maximum insured amount of $25,000 per month.
• A benefit period of 2 years.
• A waiting period of 30 days.
Insurance is provided by TAL Life Limited.
See the Brighter Super ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
Brighter Super’s Suncorp MySuper option has outperformed the median over 1 year but underperformed over 5 years.
Fees for this option are slightly below the median out of Balanced/MySuper funds listed on Review My Super.
Based on this evidence, you could say it’s been neither a particularly good or bad fund. However, there are many factors which determine whether a super fund is good or bad and it can differ depending on personal requirements. We recommend you seek advice from a qualified adviser in order to work out which is the best super fund for you.
Yes, it is an APRA fund.
It’s not designated by Industry Super Australia as an industry fund. However, it is a profit to members super fund.
