What Brighter Super does

Brighter Super is an Australian superannuation fund headquartered in Brisbane, Queensland, operating as a 100% member-owned mutual under the legal structure of Brighter Super Trustee (ABN 94 085 088 484, AFS Licence No. 230511) as trustee for Brighter Super (ABN 23 053 121 564). The fund was originally established in 1965 and was rebranded from LGIAsuper in 2022 following the merger with Energy Super and the acquisition of Suncorp Portfolio Services Limited (SPSL). It manages approximately A$37 billion in retirement savings across roughly 255,000 members as of May 2026, with a historical concentration among Queensland local government employees that has broadened nationally through the merger and SPSL acquisition.

The fund's product platform spans accumulation accounts, transition-to-retirement accounts, and pension accounts, supported by a diversified investment menu ranging from the default MySuper option through Growth, Balanced, Conservative Balanced, Indexed Balanced, Stable, and Secure options, plus single asset class options. The Retire Easy Pension product applies an automated bucket strategy (Cash, Balanced, Growth) for retirement income management. Insurance products (income protection, death and terminal illness, TPD) are offered through super. Digital services include the Member Online portal and mobile app, alongside educational tools (retirement income calculator, risk profiler, Let's Learn library) and an adviser portal. Member acquisition and servicing operate through employer clearing house integrations (QuickSuper, EASE), a 40-person seminar team, a network of 1,480+ registered independent financial advisers, and a celebrity-fronted partnership with David 'Kochie' Koch as retirement advocate.

Revenue is generated primarily through administration and investment management fees levied on member accounts, with additional revenue from in-house financial advice services (e.g., A$330 Retirement Health Check). As a member-owned fund, Brighter Super emphasizes low fees and competitive long-term investment performance (MySuper 10.89% in FY25, Growth 9.75% p.a. over seven years to June 2024) as core competitive levers. The fund has received 18 consecutive years of SuperRatings Platinum ratings and multiple Chant West 5 Apple, Canstar, and Money Magazine 2026 awards. Recent strategic activity includes a A$500 million Queensland Investment Strategy, direct investments in Gilmour Space Technologies and Future Maintenance Technologies, and a Napier AI compliance infrastructure partnership explicitly intended to support growth through further mergers and acquisitions.

Name

Brighter Super

Legal name

Brighter Super Trustee (ABN 94 085 088 484 AFS Licence No. 230511) as trustee for Brighter Super (ABN 23 053 121 564)

Website

https://brightersuper.com.au

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Brighter Super is a 100% member-owned Australian superannuation fund headquartered in Brisbane, managing A$37 billion in retirement savings for approximately 255,000 members. The fund offers accumulation, pension, transition-to-retirement accounts, investment options, insurance, and financial advice primarily to Queensland local government employees and Australian super members broadly.

Ownership category

akta.pro rank

Product category

Superannuation Fund Management

NAICS

Pension Funds (525110), Pension Funds (52511)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

akta.pro secondary industries

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB), Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

Keywords

• Superannuation fund management
• Retirement savings products
• Pension account services
• Investment option management
• Financial advice services

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Superannuation Fund Management: Manages A$37 billion in retirement savings for approximately 255,000 members. Revenue generated through administration fees charged to member accounts and investment management fees. Tax-advantaged structure (15% tax on contributions and investment earnings within accumulation phase; tax-free in pension phase).
2. Financial Advice Services: In-house team of financial advisers providing personal advice, Super Health Checks ($330 fee), and Retirement Health Checks. Network of over 1,480 independent financial advisers registered with the fund.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Brighter Super manages retirement savings for approximately 255,000 members through Accumulation, Pension, Transition to Retirement, and KiwiSaver transfer accounts backed by diversified investment options including MySuper, Growth, Balanced, Conservative Balanced, Indexed Balanced, Stable, and Secure, plus single-asset-class options. The fund also distributes group insurance cover (income protection, death and terminal illness, total permanent disablement) inside super, and delivers financial advice through an in-house team and a network of over 1,480 independent financial advisers, supported by digital Member Online and Adviser Online portals.

Product overview

Brighter Super is a Queensland-based superannuation fund managing A$37 billion in retirement savings for approximately 255,000 members. The fund operates as a platform offering multiple account types (Accumulation, Pension, and Transition to Retirement), comprehensive investment options ranging from default MySuper to 11 diversified and single asset class options, insurance products, and financial advice services. Core offerings include Retire Easy Pension with its bucket strategy for retirement income management, investment options across the risk spectrum (Growth, Balanced, Conservative Balanced, Indexed Balanced, Stable, Secure, plus single asset class options), and digital services including Member Online portal and mobile app. The fund provides employer services through clearing house integrations and adviser services via Adviser Online portal. Educational offerings include webinars, seminars, Let's Learn modules, and planning tools such as retirement income and investment risk calculators. The fund has received industry recognition including Chant West 5 Apple ratings, SuperRatings Platinum ratings, and Canstar awards.

Differentiator

Problem solved

Functional benefit

Products and services

• Accumulation Account Primary superannuation account for working members that accepts employer contributions, salary sacrifice, and personal contributions and provides access to multiple investment options. Targeted at Australian employees saving for retirement.
• Pension Account Retirement income account that provides regular pension payments to retired members with tax-free investment earnings. Targeted at members who have reached retirement and are drawing income.
• Retire Easy Pension Pre-selected investment and payment service for Pension accounts that uses a bucket strategy across Cash, Balanced, and Growth allocations and rebalances automatically each year. Targeted at retirees seeking a managed drawdown approach.
• Transition to Retirement Account Account that allows members to access a portion of their super while still working, enabling a gradual transition to retirement. Targeted at pre-retirees seeking flexible income and tax strategies.
• Insurance Cover Group insurance cover available inside super, including income protection, death and terminal illness cover, and total and permanent disablement (TPD). Targeted at members seeking default protection bundled with their super balance.
• MySuper Default diversified investment option for members who have not made an investment choice, with a balanced mix of growth and defensive assets. Achieved a 10.89% return for the 2024/25 financial year.
• Growth Investment Option High-growth diversified option primarily invested in growth assets such as shares, suitable for members seeking high returns who can accept significant short-term fluctuations.
• Balanced Investment Option Diversified option with a mix of growth and defensive assets, targeting high returns while managing risk through balanced exposure. Achieved 8.50% average over the seven years to 30 June 2024.
• Conservative Balanced Investment Option Diversified option with substantial defensive asset exposure while maintaining growth potential, suitable for members with moderate risk tolerance.
• Indexed Balanced Investment Option Lower-cost passively managed option primarily invested in Australian and international shares using index-tracking strategies.
• Stable Investment Option Lower-risk diversified option primarily invested in defensive assets with some growth asset exposure, suitable for members seeking moderate returns with limited volatility.
• Secure Investment Option Lowest-risk diversified option primarily invested in defensive assets, designed for members seeking relatively stable returns with minimal fluctuations.
• Single Asset Class Investment Options Individual investment options allowing members to build their own portfolio: International Shares, Australian Shares, Property, Diversified Fixed Interest, and Cash.
• Member Online 24/7 online member portal providing account management, investment switching, transactions, statements, and benefit quotes. Targeted at members who want self-service digital access to their super.
• Brighter Super Mobile App Mobile application for iOS and Android providing convenient and secure access to manage super on any device.
• Financial Advice Services Comprehensive financial advice offering Super Health Checks, Retirement Health Checks (A$330 fee), and personal superannuation and retirement advice delivered through in-house advisers and a network of over 1,480 independent financial advisers.
• Super Health Check Complimentary service helping members discover new ways to grow superannuation and check retirement readiness, available over phone, video conference, or in-person.
• Employer Clearing House Employer service including Super Clearing House, QuickSuper integration, and EASE platform access for managing employee super contributions. Targeted at employers administering super for their workforce.
• Adviser Online Secure portal for registered financial advisers to access client account details, arrange fees, switch investments, process withdrawals, and manage documentation.

Quantifiable outcome

• Default MySuper option achieved 10.89% return for 2024/25 financial year
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Three partnerships are on record, tiered core.

• Napier AIcoreTechnology or Integration · 20 November 2025Brighter Super partnered with Napier AI to upgrade its compliance infrastructure using Napier AI's Continuum platform. The upgrade enhances scalability, operational efficiency, and regulatory preparedness, supporting the fund's growth through mergers and acquisitions.
• David 'Kochie' KochcoreGTM or Marketing PartnerDavid Koch, former Sunrise co-host, serves as Brighter Super's retirement advocate. Partners with the fund for events and educational content about retirement planning. Appears at Planning your Brighter Retirement seminars.
• Lonsec ResearchcoreOthersLonsec provides independent research ratings for Brighter Super's investment options. Awarded Recommended ratings to six Accumulation and five Pension options.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Hostplus: Australian industry super fund of comparable mid-large scale (A$100B+ AUM) serving hospitality, retail, and broader workforce members. Like Brighter Super, it is a profit-for-members industry fund with multi-channel adviser distribution and pension offerings.
• Aware Super: Major Australian industry super fund (A$170B+ AUM) originally serving public sector and education-sector members — closely analogous to Brighter Super's Queensland local government heritage. Direct competitor for the same public-sector employer and member pool.
• Cbus: Construction, building, and related industries super fund of similar size (A$90B+ AUM). Comparable member-owned structure, accumulation/pension product mix, financial advice network, and award-winning investment performance profile.
• Rest: Industry super fund for retail, fast-food, and broader workforce members with A$80B+ AUM. Direct competitor on accumulation/pension product set, in-house adviser teams, and digital member platforms targeted at working Australians.
• HESTA: Health and community services super fund (A$80B+ AUM). Comparable in size, member-owned structure, and emphasis on member education and advice — both target a defined professional employment base rather than the general market.
• NGS Super: Industry super fund for non-government schools and education sectors (A$20B+ AUM). Similar mid-tier scale, employer-channel focus, accumulation/pension/advice offering, and member-owned governance — a structural analogue at slightly smaller scale.
• Spirit Super: Industry super fund formed via CareSuper/MTAA Super merger (A$50B+ AUM). Closely comparable to Brighter Super as a recently-merged, mid-tier, profit-for-members fund focused on accumulation/pension/advice with strong investment performance orientation.

Broad incumbents

• AustralianSuper: Largest Australian super fund (A$300B+ AUM) and the dominant incumbent. Competes on the same accumulation/pension/advice product suite but with materially greater scale, broader geographic reach, and stronger brand penetration nationally.
• Australian Retirement Trust: Mega-fund formed by the Sunsuper/QSuper merger (A$300B+ AUM). Competes across accumulation, pension, and advice with much greater scale and a Queensland footprint via the legacy QSuper business, putting it in direct competition with Brighter Super's home market.

Others

• Energy Super (pre-merger): Pre-merger Energy Super entity that combined with LGIAsuper in 2022 to form Brighter Super. Useful historical comparator for member count, employer base, and product mix that shaped today's Brighter Super.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/BrighterSuper
• LinkedInlinkedin.com/company/brightersuper

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brighter Super