Great value super that offers choice and flexibility

An Accumulation 2 super account gives you greater control of your investments, contributions and insurance, letting you shape your super to suit you.

This product is generally open to anyone who is within their first two years of joining the Defined Benefit Division.



Flexible contributions

You can change how much you contribute from your salary at any time (if eligible). Boost your super or have some extra money to spend or save.

Investment choice

Control where you invest your super. Choose from a range of investments, including our High Growth and Sustainable Balanced and Global Environmental Opportunities investment options.

Insurance to suit you

You can have death and disablement cover, with the option to add income protection too (if eligible). Apply to change your cover to suit your needs anytime.


Our fees cover the costs of managing your account and investments. Some are deducted from your account balance and some from your investment returns.


Different investment options have different costs, so be sure to read the Product Disclosure Statement (PDF, 2.5 MB) for the full details of what you pay and how.

Summary of fees you may pay based on the Balanced (MySuper) investment option.

Type of fee Amount
Administration fees and costs1 $96 or 2% of your account balance (whichever is less) per year (maximum $8 per month).
Investment fees and costs2,4 0.42%1 per year
Transaction costs2,4,5 0.09% per year
Buy-sell spread Not applicable.
Switching fee Not applicable.
Other fees and costs3 Where there are other fees and costs they are deducted as described in the 'Additional explanation of fees and costs' section in the Product Disclosure Statement (PDF, 2.5 MB).

Things you need to know

1 If your account balance is less than $6,000 at the end of UniSuper's income year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap will be refunded.

2 The investment fees and costs and transaction costs shown are indicative only and are based on the investment fees and costs and transaction costs for the year ended 30 June 2023, including several components which are estimates. The actual amount you’ll be charged in subsequent financial years will depend on the actual fees and costs incurred by the Trustee in managing the investment option. Investment fees and costs include an amount of 0.03% for performance fees. The calculation basis for this amount is set out under ‘Additional explanation of fees and costs’ in the Product Disclosure Statement (PDF, 2.5 MB).

3 See ‘Additional explanation of fees and costs’ in the ‘Fees and other costs’ section of the Product Disclosure Statement (PDF, 2.5 MB).

4 The investment fees and costs and transaction costs for other investment options are set out in ‘Fees and other costs’ section of the Product Disclosure Statement (PDF, 2.5 MB). They are calculated on the same basis, and paid at the same frequency and in the same manner as the Balanced investment option.

5 For the financial year ended 30 June 2024, the transaction costs for this option are expected to increase by 0.07%.

Document download
Find out more about Accumulation 2 in the  Product Disclosure Statement (PDF, 2.5 MB), and read if this product has been designed for someone like you in the Target Market Determination (PDF, 173 KB).

How to transfer to Accumulation 2

You can generally transfer to the Accumulation 2 product from the Defined Benefit Division (DBD) anytime within 2 years of joining the DBD. Remember, you can only make this choice once.
If you do transfer, you can’t go back to the DBD.

If you’re unsure what’s best for you, we recommend contacting us or seeking financial advice before making your decision.


Compare Accumulation 2 with the DBD

See how Accumulation 2 and the DBD compare and find out which product might suit you.
Document download

Ready to transfer?

Read and complete the Transferring from the Defined Benefit Division to Accumulation 2 form (PDF, 328 KB) and return it to us at UniSuper, Level 1, 385 Bourke Street, Melbourne, VIC 3000.

We can help you decide

UniSuper Advice is on hand to help you understand your options. You can make an appointment with an adviser over the phone, video call, or in person at one of our member centres in Australia. There’s no extra cost for this appointment.
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