AustralianSuper delivers 8.46pc MySuper return in FY24

The nation’s largest superannuation fund, AustralianSuper, has returned 8.46 per cent in its MySuper Balanced investment option, and 10.2 per cent for High Growth in FY24. 

The fund’s retirement option, Choice Income, saw a return of 9.25 per cent in the Balanced option during the period, just below the 9.76 per cent 15-year average.  

More than 90 per cent of AustralianSuper’s members are invested in the Balanced option; over the past 20 years, the Balanced option has delivered an average annual return of 7.85 per cent.