What Future Group does

Future Group is a Sydney-headquartered Australian superannuation (pension) parent company that acquires and operates a portfolio of five ESG-focused superannuation brands: Future Super (retail fossil-fuel-free super), Verve Super (women and gender-diverse focused), GuildSuper (pharmacy, veterinary and allied health workers), Child Care Super (early childhood education workers), and smartMonday (corporate superannuation with personalised coaching). Founded in 2014 by Simon Sheikh and Adam Milgrom as Australia's first super fund to screen out fossil fuel investments, the group manages approximately $13 billion in funds under management across roughly 400,000 members as of April 2026 and employs around 1,972 people on a distributed-first model.

The company earns recurring revenue through administration, sponsor, promotional and trusteeship fees on superannuation and investment funds, supplemented by investment management fees generated by Future Super Investment Services (FSIS), which provides ethical portfolio management for both internal brands and external institutional clients. Go-to-market combines direct-to-consumer sign-ups via brand websites, employer group partnerships (notably through smartMonday and Child Care Super), and financial adviser referrals supported by digital advice capabilities delivered through a partnership with Midwinter. Distribution is Australia-only.

The underlying technology stack comprises a superannuation administration platform with proprietary ESG screening capabilities, applied consistently across the five brands to exclude fossil fuels, weapons, tobacco, nuclear energy and gambling while channelling capital into renewables, social housing and other climate solutions. The standout proprietary technology is RealZero Check, a free, open-source, science-based portfolio alignment tool co-developed with the UTS Institute for Sustainable Futures using the One Earth Climate Model to evaluate portfolio emissions against Paris Agreement 1.5°C carbon budgets. Future Group is currently pursuing internalisation of its trustee function via the announced acquisition of Stewarda Pty Ltd (an APRA-licensed RSE) from WTW, pending APRA approval, with Jeremy Cooper (former ASIC Deputy Chair) appointed as incoming Stewarda Chair.

Name

Future Group

Legal name

Future Group Australia Holdings Pty Ltd

Website

https://futuregroup.com.au

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Future Group is a Sydney-based superannuation parent company operating five ethical/ESG-focused pension brands managing $13 billion across 400,000 Australian members, spanning retail ethical, women-focused, healthcare, childcare, and corporate super funds.

Ownership category

akta.pro rank

Product category

Ethical Superannuation / Retirement Savings

NAICS

Pension Funds (52511), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (525910), Insurance and Employee Benefit Funds (5251)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

Keywords

• Ethical superannuation
• ESG investments
• Retirement savings
• Fossil fuel divestment
• Superannuation administration

Headquarters

HQ city

Sydney

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 Management Fees: Future Group generates revenue through administration, sponsor, promotional and trusteeship activities on behalf of superannuation and investment funds. They also earn fees from investment management and consulting activities to institutional clients.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Future Group operates as a superannuation-focused parent company running five distinct sub-brand superannuation funds (Future Super, Verve Super, GuildSuper, Child Care Super, smartMonday) that provide ethical and ESG-screened retirement savings products to Australian consumers and corporate employees. The group earns fee-based revenue on approximately $13 billion in funds under management from 400,000 members, and also provides investment management services to external superannuation funds via Future Super Investment Services (FSIS).

Product overview

Future Group operates as a superannuation-focused parent company with a portfolio of five distinct sub-brand superannuation products. The ecosystem consists of Future Super (retail fossil fuel-free super), Verve Super (women-focused ethical super), GuildSuper (healthcare sector super), Child Care Super (childcare sector super), and smartMonday (corporate super with coaching). Future Super Investment Services (FSIS) provides institutional investment management. The products share core ethical investment screens (excluding fossil fuels, weapons, tobacco, gambling) and ESG principles, with each brand targeting specific member demographics while benefiting from shared governance and investment expertise under the Future Group umbrella.

Differentiator

Problem solved

Functional benefit

Products and services

• Future Super Retail superannuation fund focused on fossil fuel-free investing in climate solutions for a sustainable future. Flagship brand of Future Group offering ethical investment options to individual Australians saving for retirement.
• Verve Super Ethically focused superannuation fund founded by women, for women and gender diverse people, offering expertly managed sustainable investment portfolios. Returned 9.9% in FY2024.
• smartMonday Corporate superannuation fund offering unique benefits and personalised coaching for a secure retirement, designed for employers seeking quality super options for employees.
• GuildSuper Superannuation option designed specifically for pharmacy, veterinary, and allied health workers to grow their retirement savings through ethical investments.
• Child Care Super Superannuation fund supporting childcare workers to grow their retirement savings with tailored superannuation services for the early childhood education sector.
• Future Super Investment Services (FSIS) Investment management entity providing investment manager services, including appointment as investment manager for external superannuation funds, expanding the reach of Future Group's ethical screening expertise to institutional clients.
• RealZero Check Free, open-source, science-based tool that evaluates portfolio emissions against global carbon budgets to measure decarbonisation progress aligned with the Paris Agreement's 1.5 degree target. Built for investors and financial institutions to set credible net zero targets.

Quantifiable outcome

• Future Super Balanced Index returned 10.1% over 12 months; Verve Super returned 9.9%
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• WTW (Willis Towers Watson)coreStrategic or Co-development Partner · 26 June 2026Future Group agreed terms with WTW to acquire Stewarda Pty Ltd, a superannuation licensed entity holding an APRA Extended Public Offer RSE licence. This acquisition supports Future Group's growth by enabling them to act as trustee for multiple superannuation funds. The transaction is subject to APRA approval. Jeremy Cooper, former Deputy Chair of ASIC, will chair Stewarda.
• University of Technology Sydney's Institute for Sustainable FuturescoreStrategic or Co-development Partner · 22 November 2024Developed RealZero Check in partnership with UTS researchers using the One Earth Climate Model. The tool evaluates portfolio emissions against global carbon budgets aligned with Paris Agreement's 1.5 degree target.
• GreenpeaceminorGTM or Marketing Partner · 1 January 2023Collaborated with Greenpeace to publicly announce support of climate resolution at Toyota AGM, calling for climate-related lobbying disclosure.
• FCXminorOthersFuture Group's shareholder registry is managed by FCX, providing shareholder services and account management.
• The Victorian Women's TrustminorStrategic or Co-development PartnerPartnership to develop and promote menstrual and menopause leave policy, being one of the first businesses in Australia to implement such a policy.
• World Benchmarking AllianceminorOthersFuture Group is a signatory to the World Benchmarking Alliance Investor Statement on violence and harassment in supply chains.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• HESTA: Industry super fund for health and community services workers — directly comparable to GuildSuper in vertical specialisation. HESTA also has a strong ESG/sustainable investment focus.
• Hostplus: Major industry super fund for hospitality, tourism, sport and recreation workers. Comparable scale and growing ESG mandate, serving as a benchmark for industry super consolidation and member growth strategies.
• REST Industry Super: Industry super fund for retail workers and related industries, with comparable scale and an increasingly strong ESG mandate. Relevant peer for retail super member acquisition competition.
• AustralianSuper: Australia's largest superannuation fund (>$300bn FUM). Broad incumbent providing the default superannuation alternative against which Future Group competes for member market share across all demographic segments.
• Australian Retirement Trust: Mega industry super fund formed from the merger of Sunsuper and QSuper, now one of Australia's largest super funds. Comparable multi-brand consolidation strategy post-merger and a major competitor for member FUM.
• Cbus Super: Industry super fund for construction and building industry workers. Comparable single-vertical specialisation model (similar to GuildSuper and Child Care Super) and growing ethical investment screens.
• Aware Super: Large industry super fund covering public sector and professional services members with strong ESG/sustainable investment offering. Comparable diversified member base and growing ethical investment emphasis.

Emerging players

• NGS Super: Industry super fund for not-for-profit and community sector workers. Comparable mid-sized vertical-focused super fund and a potential acquisition target or consolidation partner for Future Group's acquisition playbook.

Others

• Mercer Australia Superannuation: Major superannuation administration and consulting provider (parent: Marsh & McLennan). Comparable in providing administration, advice, and institutional investment services — and a potential B2B competitor to Future Group's expanding FSIS platform.

Direct peers

• Australian Ethical Investment: Listed Australian ethical superannuation and investment manager, the closest direct peer to Future Super on values-aligned investing, fossil-fuel-free screens, and B Corp positioning. Highly comparable target market and product strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/future-group

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Future Group