Types of Superannuation Funds

Other Fund Types

There are many other types of superannuation funds available in Australia which we will not consider in this module, including:

  • Public sector funds, which are generally restricted to government employees;
  • Small APRA Funds, which operate in a similar manner to self-managed superannuation funds but with a professional trustee and regulated by the Australian Prudential Regulation Authority (APRA);
  • Eligible Rollover funds, which generally hold the benefits of members who cannot be located; and
  • Retirement Savings Accounts, which are superannuation accounts offered by banking institutions.