Help & support
Superannuation might seem like a problem for future you, but understanding how it works is important when it comes to making financial decisions.
We’ve put together a guide to help break down how superannuation works and how it can help you today - not just down the track.
What are some of the important things to consider when choosing a super fund?
Understand the different contribution types and how they can help your super grow.
Learn about the different types of investment options.
How does the First Home Super Saver Scheme (FHSSS) work?
Learn how the First Home Super Saver Scheme (FHSSS) could help you save for your first home quicker.
Temporary residents’ guide to understanding super
Our guide can help you learn more about superannuation entitlements you may be entitled to receive.
If you are an existing Essential Super member, visit our member resources to learn how to make the most of your account.
Understand how your super might look like in retirement with CFS’ super projection calculator.
Curious about how your super balance compares to your peers? CFS’ comparison tool helps you compare your super balance with others your age.
Did you know about the different types of insurances available in super?
Learn how additional contributions could help you boost your balance and help minimise tax.
If you have more than one super account, you could be paying more than one set of fees, meaning less money staying in your super.
1 The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. The CommBank app is available on Android and iOS operating systems (minimum operating system version requirements may apply). Learn more at commbank.com.au/app
2 The fee comparison is for MySuper products. This fee comparison is based on the Lifestage 1965-69 investment option for a member balance of $50,000 and may vary for different age cohorts. The Chant West Super Fund Fee Survey compares the Lifestage option that is closest to 71% growth assets, which is consistent with the average risk and return profile of most non-lifecycle products. Total fees and costs include administration fees and costs, investment fees and costs and net transaction costs on a gross of tax basis. Fund averages are calculated by Chant West on a weighted average basis. This comparison has been prepared by CFS using data sourced from the Chant West Super Fund Fee Survey, effective 30 June 2024 and is based on information provided to Chant West by third parties, that is believed accurate at the time of publication. Fees may change in the future which may affect the outcome of the comparison. Chant West may make adjustments to fees and costs for comparison purposes and therefore data may vary to other published materials. Whilst care has been taken to ensure that the data provided by Chant West is correct, CFS neither warrants, represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Additional fees may apply. PDS and Fees and Investments Reference Guide to find out more.
The information and any general advice on this page has been prepared without taking into account your objectives, financial situation or needs. For this reason, you should, before acting on this information and any general advice, consider the appropriateness of the information and any general advice, having regards to your objectives, financial situation or needs, and, if necessary, seek appropriate professional advice.
This page contains links that will direct you to third-party websites, which are not operated or controlled by the Bank. Any link you make to or from one of the third-party websites on this page will be at your own risk. Any use of a third-party website, including any information you provide on that third-party website will be governed by the terms of that third-party. Any views or opinion expressed on a linked third-party website are those of the third-party and do not necessarily reflect the policy or position of the Bank. No liability is accepted by the Bank, its related entities, agents and employees for any loss arising from your access of, or use of, any linked third-party website.
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (referred to as Colonial First State or CFS) is the Trustee of Commonwealth Essential Super ABN 56 601 925 435 and the issuer of interests in Essential Super. Essential Super is distributed by Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The CFS Group consists of Superannuation and Investments HoldCo Pty Limited ABN 64 644 660 882 (HoldCo) and its subsidiaries, which include CFS. The Bank holds an interest in the CFS Group through its significant minority interest in HoldCo.This information is issued by CFS and may include general financial product advice but does not consider your individual objectives, financial situation, needs or tax circumstances, and so you should consider the appropriateness of the advice having regard to your circumstances before acting on it.
The Target Market Determination (TMD) for Essential Super can be found at http://cfs.com.au/tmd and includes a description of who the financial product is appropriate for and any conditions on how the product can be distributed to customers.
You should read the Product Disclosure Statement (PDS) and the Reference Guides for Essential Super carefully and consider whether the information is appropriate for you before making any decision regarding this product. Download the PDS and Reference Guides at http://commbank.com.au/essentialsuper-documents or call Colonial First State on 13 4074 for a copy. If you need advice on your personal circumstances, please talk to a financial adviser.
None of the Bank, HoldCo, CFS, nor any of their respective subsidiaries guarantee the performance of Essential Super or the repayment of capital by Essential Super. An investment in this product is subject to risk, loss of income and capital invested. An investment in Essential Super is via a superannuation trust and is therefore not an investment in, deposit with or other liability of the Bank or its subsidiaries. Where we mention 'we', 'us' or 'our', we mean the Bank.
The insurance provider is AIA Australia Limited ABN 79 004 837 861, AFSL 230043 (AIA Australia). AIA Australia is not part of the Commonwealth Bank Group or CFS. Insurance cover is provided to eligible members of Essential Super under policies issued to CFS.
