⚖️ A Fund for the Legal Community Legal Super was established in 1989 with a clear purpose: to serve the superannuation needs of Australia's legal community. It was founded by the profession, for the profession, to provide a tailored financial service for its members.
👥 Dedicated Membership Focus As the dedicated industry super fund for people working in the Australian legal sector, Legal Super maintains a specialised focus. This allows the fund to understand the unique career paths and financial needs of those within the legal community.
🏛️ Melbourne-Based, Member-First Ethos With its headquarters in Melbourne, Legal Super operates as an industry super fund. This structure means it is run only to benefit members, not to generate profits for external shareholders.
Assets Under Management
$6 Billion
Total Members
40,000 Members
ESG Options
Ethical Options
Est. Annual Fee
$556 on $50k
Legal Super's default MySuper Balanced option targets a growth-oriented asset allocation of approximately 75/25 growth-to-defensive assets. The portfolio is diversified across overseas shares (29.5%), Australian shares (25%), infrastructure (9.5%), property (8.5%), private markets (6%), fixed interest (9.5%), credit (7%), and cash (5%). The option aims to outperform CPI by 3% per annum over rolling 10-year periods, with a minimum suggested investment timeframe of five years.
At an estimated $556 per year on a $50,000 balance, Legal Super sits well above the industry median of $467. The higher fee level reflects the fund's smaller asset base of $6 billion, which limits the scale advantages available to larger funds. The fee comprises a fixed weekly administration fee of $0.99 ($51.48 p.a.) plus a 0.29% indirect administration fee and investment management costs.
Legal Super suits professionals working in the legal industry — including solicitors, barristers, law firm staff, and self-employed practitioners — who value a fund with specialist knowledge of their sector. It is particularly well-suited for members who appreciate personalised service, insurance tailored to legal occupations, and community ties to law societies and associations.
Default Option as at 30 June 2025
| Option Name ↑ | 1 Year ↕️ | 3 Year ↕️ | 5 Year ↕️ | 10 Year ↕️ |
|---|---|---|---|---|
| Australian Shares | +8.10% | +7.20% | +6.40% | +8.00% |
| Balanced | +10.00% | +9.00% | +7.30% | +7.70% |
| Balanced Index | +6.40% | +7.90% | +5.90% | +6.70% |
| Balanced Socially Responsible | +4.60% | +5.20% | +4.60% | +5.80% |
| Cash | +3.40% | +3.60% | +2.40% | +1.70% |
| Conservative | +6.40% | +5.60% | +4.30% | +4.50% |
| Conservative Balanced | +7.90% | +7.00% | +5.60% | +5.80% |
| Growth | +11.10% | +10.20% | +8.20% | +8.70% |
| High Growth | +11.60% | +11.30% | +9.00% | +9.50% |
| MySuper Balanced | +9.90% | +8.90% | +7.30% | +7.70% |
| Overseas Shares | +17.30% | +17.90% | +12.00% | +12.10% |
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