A new report has highlighted a serious concern: remaining in a poor-performing super fund could reduce your retirement balance by up to $205,000 over a working lifetime.

According to the analysis, many Australians unknowingly stay in outdated or misaligned super options that charge higher fees or produce consistently lower returns. Over time, even small differences in annual performance can compound into dramatic losses.

Key Findings

• Underperforming options can cost over $200k in missed returns
• Many Australians never check their super performance or fees
• A simple review can help identify if your fund is meeting industry benchmarks

Retirement experts emphasise the importance of regularly reviewing your fund—not just for returns, but also for insurance settings, investment strategy, and fee structures.

At The Super Review Team, our role is to help Australians understand their current fund’s performance and link them with a licensed adviser who can provide tailored recommendations where needed.