The changes will see members able to choose between one of three managed investment options, with the addition of Global Growth Index Portfolio and Global High-Growth Index Portfolio. 

Previously, Superhero Super members were limited in investment options with a minimum 25% of their super balances automatically invested into Superhero’s Global Balanced Index Portfolio option.

Superhero CEO and Co-Founder John Winters said the new Managed Investment Options will allow Australians to take greater control of their superannuation. 

“Superhero Super was built on the goal of offering Australians greater control and transparency over how their hard earned retirement savings are invested,” Mr Winters said. 

“Keeping our members at the heart of everything we do at Superhero has been key to our success in the market over the last two years. 

“We’ll continue adding new features to our platform to ensure that our customers have the best possible experience growing their wealth with Superhero.”

The renewed focus on superannuation comes following Superhero and Swyftx pulling the pin on a $1.5 billion merger in December as a result of disruption and volatility in the cryptocurrency sector. ​​

Superhero outlines the default investment option when signing up for a Superhero Super account remains the standard Global Balanced Index Option. 

Superhero Super members can change this selection by:

  • Logging into their Superhero Super account.
  • Scrolling down to the ‘Manage Investment Option’ section.
  • Clicking on ‘Switch’ to compare and select a Managed Investment Option.
  • Confirming the acknowledgement to change Managed Investment Option.
  • Validating their selection via SMS.

Advertisement

Looking to take control of your retirement? This table below features SMSF loans with some of the most competitive interest rates on the market.

Update resultsUpdate
Filters
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.99% p.a.
7.00% p.a.
$2,659
Principal & Interest
Variable
$0
$230
70%
 Featured
  • Available for Purchase and Refinance. No application fee and no settlement fee
  • No monthly, annual or ongoing fees
  • Access your SMSF loan via our easy-to-use online app Smart Money
7.24% p.a.
7.25% p.a.
$2,726
Principal & Interest
Variable
$0
$0
70%
7.39% p.a.
7.47% p.a.
$2,767
Principal & Interest
Variable
$0
$995
80%
7.55% p.a.
7.94% p.a.
$2,811
Principal & Interest
Variable
$395
$1,920
80%
7.79% p.a.
8.58% p.a.
$2,877
Principal & Interest
Variable
$395
$1,185
85%
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

Image by Freepik