TWUSuper
Team Super is an Australian member-owned specialist superannuation fund serving transport, energy, and mining workers, formed in March 2025 via the merger of TWUSUPER and Mine Super. It offers accumulation, retirement, occupational insurance, and advice products with a A$0.75/week administration fee.
- Company typePrivate
- Founded1984
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What TWUSuper does
Team Super is an Australian specialist superannuation fund formed on 21 March 2025 through the merger of TWUSUPER and Mine Super, serving members employed in the transport, energy, and mining industries. The fund operates as a member-owned entity under trustee Team Super Pty Ltd (ABN 70 003 566 989, AFSL 246864) for the Team Superannuation Fund, and is regulated by APRA under Australian superannuation law. Its product suite covers accumulation accounts, retirement income products (TransPension), flexible insurance cover designed for high-risk and dangerous occupations, and an in-house financial advice service (Team Super Financial Advice, operated by Team Super Services Pty Ltd).
The fund's technology layer is a standard superannuation administration platform — a member portal at account.teamsuper.com supporting 24/7 self-service for balance viewing, investment-option changes, beneficiary management, and insurance visibility, plus a contact center (13 64 63, Mon–Fri 8am–6pm) and regional offices with work-site visit capability. The High Growth investment option delivered 8.43% pa over the five years to 30 June 2024, and the fund charges a fixed weekly administration fee of 75 cents per member.
Revenue mechanics are typical of Australian industry super funds: a low fixed per-member administration fee, investment management fees embedded in member returns, insurance premiums on flexible occupational cover, and professional-services revenue from financial advice. Distribution is dual-channel: direct individual member sign-ups via the online platform, and employer partnerships serviced by dedicated account managers across Australia. Following the merger, Team Super explicitly positions itself as the largest specialist fund in its three target verticals, with growth thesis centered on scale-driven product enhancement and fee reduction.
TWUSuper firmographics
Firmographics- Name
- TWUSuper
- Legal name
- Team Super Pty Ltd as Trustee for the Team Superannuation Fund
- Website
- https://twusuper.com.au
- Company type
- Private
- Founded year
- 1984
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Team Super is an Australian member-owned specialist superannuation fund serving transport, energy, and mining workers, formed in March 2025 via the merger of TWUSUPER and Mine Super. It offers accumulation, retirement, occupational insurance, and advice products with a A$0.75/week administration fee.
- Ownership category
- akta.pro rank
TWUSuper industry classification
Industry- Product category
- Industry Superannuation Fund Management
- NAICS
- Pension Funds (525110), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)
- akta.pro secondary industries
- Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ), Retirement Plan Participant Advice & Managed Accounts (FSAEABAF)
Keywords
Where TWUSuper is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
TWUSuper business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Administration Fees: Fixed weekly administration fee of 75 cents per week charged to member accounts for fund operations and account maintenance.
- Investment Management: Returns generated through investment in various options including High Growth, with 8.43% pa performance over five years (as at 30 June 2024). Fund generates revenue through investment management fees embedded in returns.
- Insurance Premiums: Flexible insurance cover options for members working in high-risk occupations, generating premium revenue.
- Financial Advice Services: Complimentary first appointment with Team Super Financial Advice offered to all members, with ongoing advice services generating revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Weekly | Standard Member Administration Fee |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
TWUSuper product offering
Product offeringCore offering
Team Super is an Australian industry superannuation fund that accumulates retirement savings on behalf of members employed in the transport, energy, and mining sectors. It sells accumulation superannuation accounts, retirement income products (TransPension), insurance cover, and financial advice services, supported by an online member portal and a network of regional account managers.
Product overview
Team Super is a unified superannuation fund formed through the merger of TWUSUPER and Mine Super on 21 March 2025. The fund offers a comprehensive suite of products and services including superannuation accumulation accounts, retirement income products (TransPension), flexible insurance cover for high-risk occupations, and a digital member portal for account management. The product portfolio is designed specifically for transport, energy, and mining workers, featuring a fixed administration fee of 75 cents per week and a High Growth investment option with strong historical returns. Team Super also provides complimentary financial advice services to support members in optimizing their superannuation and retirement outcomes.
Differentiator
Problem solved
Functional benefit
Brands
- Team Super Financial Advice: Financial planning services provided by Team Super Services Pty Ltd ABN 49 051 315 014 AFS licence 502700
Products and services
- Team Super Superannuation (accumulation account) Accumulation-phase superannuation account for individual workers in the transport, energy, and mining industries to build retirement savings through employer and member contributions.
- Team Super Retirement (TransPension) Retirement income (account-based pension) product, branded TransPension, that converts accumulated superannuation balances into regular retirement income for retired members.
- Team Super Insurance Insurance cover for members, including death, total and permanent disablement (TPD), and income protection cover, packaged within the superannuation product and accessible to workers in transport, energy, and mining occupations.
- Team Super Financial Advice Financial advice service provided to members via in-person and phone channels, with the first advice appointment offered at no charge, covering superannuation, retirement, and personal financial planning needs.
Quantifiable outcome
- 8.43% pa returns for High Growth investment option over five years (as at 30 June 2024)
- +1 more outcomes
Companies that use TWUSuper
Customer profileSegments3 records
Ideal customer profiles1 record
TWUSuper technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
TWUSuper partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mine SupercoreOn 21 March 2025, TWUSUPER merged with Mine Super to create Team Super, the top specialist superannuation fund for transport, energy and mining workers in Australia. The merger created increased scale enabling enhanced products and services, greater investment opportunities, and likely lower fees for members.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
TWUSuper competitors and assessment
Company assessmentBroad incumbents
- Hostplus: Industry super fund with roots in hospitality, tourism, sport, and recreation. Comparable as a member-owned industry super fund offering accumulation, retirement, and insurance, but with a different vertical rather than transport/energy/mining.
- AustralianSuper: Australia's largest superannuation fund managing hundreds of billions in member assets across all industries. Comparable as a regulated industry super fund offering accumulation, retirement, and insurance products, but vastly broader (generalist) and far larger than Team Super's specialist footprint.
- REST (Retail Employees Superannuation Trust): Industry super fund for retail and fast-food workers. Comparable as a regulated member-owned super fund with employer-driven distribution and insurance offerings, though focused on retail rather than industrial verticals.
- Australian Retirement Trust: Formed by the merger of QSuper and Sunsuper, one of Australia's largest industry super funds. Directly comparable business model (industry super, accumulation + retirement + insurance) but generalist across sectors versus Team Super's specialist focus.
Regional players
- Media Super (now part of TWUSUPER/Team Super lineage): Industry super fund that historically served print, media, and entertainment workers, across the broader Transport Workers Union family of funds. Related by heritage and trustee lineage to Team Super, though focused on a different vertical.
Direct peers
- Cbus (Construction & Building Industry Super): Industry super fund dedicated to construction and building workers — a high-risk, shift-based, project-employer workforce. Closely comparable to Team Super in operating model: vertical specialization, employer partnerships, insurance for hazardous occupations, and on-site engagement.
- Mine Super (pre-merger entity): Pre-merger counterpart focused on mining workers, now combined with TWUSUPER into Team Super. The most comparable historical peer — same industry focus on mining/extraction workers, same high-risk occupation insurance profile, and now operating as part of the same entity.
- LUCRF Super: Industry super fund linked to the labour movement with members in transport, manufacturing, and related sectors. Direct comparable as a specialist industry fund with employer partnerships and a focus on blue-collar worker segments.
- First Super: Specialist industry super fund serving workers in construction, manufacturing, transport, and allied industries. Direct comparable as a smaller specialist industry fund with similar employer partnership model and insurance offerings.
- Energy Super (part of Brighter Super): Specialist super fund for Queensland energy, gas, and electricity workers, now part of Brighter Super. Highly comparable as a vertical specialist in the energy sector specifically, with similar on-site engagement and high-risk occupation insurance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
TWUSuper social profiles
Digital presenceTWUSuper financial estimates
Financial estimateRevenue estimate
Valuation estimate
TWUSuper leadership team
Management profileNumber of profiles
TWUSuper funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TWUSuper M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TWUSuper
What does TWUSuper do?
Team Super is an Australian industry superannuation fund that accumulates retirement savings on behalf of members employed in the transport, energy, and mining sectors. It sells accumulation superannuation accounts, retirement income products (TransPension), insurance cover, and financial advice services, supported by an online member portal and a network of regional account managers.
Is TWUSuper a public or private company?
TWUSuper is a private company. It is classified as nonprofit foundation owned and is currently acquired.
When was TWUSuper founded?
TWUSuper was founded in 1984. It employs 11 to 50 people.
Where is TWUSuper based?
TWUSuper is headquartered in Melbourne, Australia, in the Oceania region.
How does TWUSuper make money?
Four revenue lines are on record. Administration Fees are the primary driver. The others are investment Management, insurance Premiums and financial Advice Services.
Who are TWUSuper's main competitors?
Broad incumbents on record are Hostplus, AustralianSuper, REST (Retail Employees Superannuation Trust) and Australian Retirement Trust. Media Super (now part of TWUSUPER/Team Super lineage) is listed as a regional player. Direct peers are Cbus (Construction & Building Industry Super), Mine Super (pre-merger entity), LUCRF Super, First Super and Energy Super (part of Brighter Super).
Does TWUSuper have an API?
No public API is recorded for TWUSuper.
What industry is TWUSuper in?
TWUSuper's product category is Industry Superannuation Fund Management. Its primary akta.pro industry code is FSAAAGAB, Pension Master Trusts, Superannuation & Provident Funds, with a secondary code of FSAAAAAJ, Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail). Its NAICS code is 525110 and its SIC code is 6282.