Mercer Superannuation Review

fees and investment returns

Mercer Super is a public offer retail superannuation fund, founded in 1995 as a subsidiary of the global professional services firm Marsh McLennan. Mercer Super has expanded significantly in recent years, particularly following its acquisition of BT Super from Westpac. This merger nearly doubled Mercer Super's funds under management.

Today, Mercer Super manages over $70 billion in retirement savings for more than 950,000 members, providing a variety of investment options and services.

Stockspot reviews Mercer fees, returns, and features to help you decide if it's the right super fund for you, and how it compares to Stockspot. Stockspot's Super product offers a transparent, low-cost alternative for investors who prefer ETFs and automated portfolio management to grow their retirement savings.

Who is Mercer Super?

Mercer Super is a retail super fund offering a wide range of superannuation and investment solutions for individuals, corporate clients, and institutions. After the merger with BT Super, Mercer solidified its position as a key player in the Australian superannuation landscape.

All figures are accurate as at 30 June 2025 unless otherwise stated.

Mercer_Super_Homepage_May24

Learn more about Mercer Super

Mercer SmartParth MySuper investment option currently charges:

0.10% p.a. (of account balances up to $500,000)

0.00% to 0.05% p.a. estimated expense allowance range

0.017% p.a. estimated cost of Mercer Super Trust assets for costs associated with product and strategic services

0.34%-0.40% p.a. estimated investment fee based on birth year

0.06%-0.22% p.a. estimated investment cost

0.05%-0.09% p.a. estimated transaction cost based on investment path

Mercer Super’s MySuper SmartPath investment option has a historic 1 year investment performance of 12.3%, and a 5 year return of 6.8% p.a. (for the largest cohort of the SmartPath product).

Mercer Super does not pay a super retirement bonus.

Retirement bonuses are paid by super funds once a member reaches retirement.

Compare Mercer Super Fund

Mercer Super vs Stockspot Super

MercerStockspotLearn more about our investment approach
Investments
ETFs-only portfoliosNoYesThe benefits of combining ETFs and Super
Investment styleCombination of active and indexedIndexed onlyWhy active stock picking rarely works
Includes unlisted assetsYesNoThe risks of unlisted asset valuations
All strategies include >10% gold allocationNoYesWhy you should consider gold in your super
ESG (Sustainable) investment optionsYesYesSustainable portfolio options
Fees
Capped administration feeYesYes
Investment options with total annual cost under 1% p.a.YesYesHow Stockspot Super invests your money
Service
Personal investment advice provided at no extra feeNoYesWhy age matters for your super investment strategy
Mobile app & web dashboard accessYesYesUsing the Stockspot dashboard
Investment options beyond super available in dashboardNoYesHow Stockspot saves you time and money
Access to support via phone, webchat & emailYesYesConnect with our client care and advice team
Structure
Individual-level tax calculation for all holdingsNoYesHow is Stockspot Super tax efficient
Super fund optionDefault MySuper fund option & Choice super optionsChoice super options only
Insurance
Insurance optionGroup and individualIndividual

As at 30 June 2025

Learn more about Stockspot Super

Discover the power of low-cost index investing with Stockspot Super

An ETF-only super product with personalised advice that's tailored to your age. Stockspot Super is offered as the Stockspot MDA on Super Simplifier.

Australia's first ETF-exclusive super product. It's the end of pooled super funds and the beginning of transparent investing tailored to your needs.

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Frequently asked questions

What does Mercer super invest in?

Mercer Super offers a diversified range of investment options tailored to different risk profiles and goals. These include:

Who owns Mercer Super?

Mercer Super is owned by Marsh McLennan, a global professional services firm that operates in insurance, risk management, and consulting.

What is Mercer Super's 10-year return?

Mercer Super's MySuper SmartPath investment option has a strong long-term performance with a 10-year return averaging approximately 8.1% p.a.

Learn more about super

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