2024 and 2025 have brought a wave of super fund mergers across Australia. Funds like Qantas Super, Vision Super, Care Super, and Mine Super have either completed or announced consolidations, many merging into large players like ART (Australian Retirement Trust).
While these mergers are often pitched as cost-saving or beneficial, many members are left in the dark, asking:
- Are my super fees now higher?
- Has my super insurance changed since a merger?
- Did my investment strategy default to something unfamiliar?
If you’re unhappy, you’re not alone.
Some Australians are frustrated by the lack of transparency and rising costs after their fund merged. Common complaints include:
- Unexpected changes to fees and admin costs
- Losing access to tailored insurance or defined benefits features
- Being moved to default MySuper options without realising it
- Poor communication from funds before and after the merger
Signs it might be time to switch super funds
If you’ve noticed any of the following since your super fund merged, it may be worth reviewing your options:
- Your fees increased without an improvement in performance
- Your investment strategy changed and no longer matches your goals
- Insurance coverage was reduced or premiums went up
- You feel less informed about where your money is and how it’s invested
What are your alternatives after a super fund merger?
You don’t have to stay with a fund that no longer meets your needs. Comparing and switching your super could help you:
- Pay lower fees
- Align with your preferred investment strategy
- Access more transparency and control
You can also use ATO’s YourSuper comparison tool to compare super fund products and how they perform.
Should I consider changing my super to Stockspot?
Stockspot is Australia’s largest online investment adviser and has developed a superannuation product built exclusively with ETFs. Stockspot super offers Australians access to low-cost indexing within superannuation, alongside personalised advice tailored to your age.
Here’s what sets Stockspot apart:
- Low cost, tax efficient investment structure.
- Smart, diversified portfolios: Invested in ETFs across Australian shares, global shares, bonds and gold
- Full transparency: See exactly what you’re invested in and how it’s performing
- Automated rebalancing: Keeps your portfolio on track without manual oversight
If you have any other questions about Stockspot Super, read our FAQs.
How to switch super funds in 3 simple steps
Compare: Stockspot has compared some of the largest super funds. It is important to compare your super fund and if it meets your needs.
- Australian Retirement Trust (ART)
- AustralianSuper
- Aware
- Colonial First State (CFS)
- Hesta
- HostPlus
- MLC / Insignia
- Mercer
- Rest
- UniSuper
Choose: If you find that Stockspot Super meets your needs, create an account online, complete the questionnaire and you’ll be matched with a profile that matches your goals and risk level.
Switch: Complete the simple online form. Stockspot handles the transfer from your old fund and can inform your employer of the new location to send your SG contributions.
You’ll keep your same tax file number and receive regular updates on how your money is growing, and can even track your portfolio returns in your app.
It’s your money, make it work harder
Superannuation is one of the biggest assets most Australians will ever own. Don’t let fund mergers push you into a one-size-fits-all solution. If your fund no longer serves you, take action.
