Netwealth Super Review (2026) — Fees, Platform Features, and Investment Options

Netwealth is one of Australia’s leading independent investment platforms, offering superannuation, pension, and investment products through its wrap platform. It is a publicly listed company (ASX: NWL) and is primarily used by financial advisers and their clients.

Key Facts

Products

• Netwealth Super Accelerator — wrap super with broad investment menu
• Netwealth Pension Accelerator — account-based pension
• Netwealth Super Accelerator Core — simplified lower-cost option

Fees

Netwealth uses a tiered fee structure:

• Platform fee: Reduces with balance (approximately 0.35–0.65% p.a. depending on tier)
• Investment fees: Depend on chosen investments (managed funds, ETFs, direct shares)
• The platform fee alone does not represent total cost — investment management costs are additional

Netwealth’s fees can be competitive for high-balance members who use lower-cost ETF or indexed investment options. At lower balances, total costs may be higher than industry alternatives.

Investment Options

Netwealth is known for a broad investment menu:

• Direct ASX shares
• ETFs (ASX-listed)
• Managed funds (domestic and international, hundreds of options)
• Term deposits
• Separately managed accounts (SMAs)
• Listed investment companies (LICs)

This breadth is a key differentiator — very few industry funds allow direct share investment inside super.

Performance

As a platform, performance depends on chosen investments. Netwealth does not manage the underlying investments — the member or adviser selects investments from the menu.

Who Netwealth Suits

• Members with $250,000+ who want direct investment access inside super
• Self-directed investors working with financial advisers
• Members who want to hold shares, ETFs, and managed funds in one super account

Less suitable for: Members who want a simple, hands-off default fund.

Frequently Asked Questions

What is the minimum balance to use Netwealth Super? Netwealth Super Accelerator Core has lower entry points suitable for some accumulation members. The full Netwealth Super Accelerator (with direct share access) typically requires a higher minimum balance. Check the current Netwealth PDS for exact minimums, as these can change. In practice, Netwealth is most cost-effective for members with $200,000+ who can leverage lower fee tiers and use lower-cost ETF investment options.

Is Netwealth suitable for members who don’t use a financial adviser? Netwealth does offer direct member access without a financial adviser, but the platform’s full value is realised through an adviser relationship — particularly for members who want managed accounts, complex portfolio construction, or integrated tax and investment reporting. Members who are self-directed and comfortable with investment management can use Netwealth independently, but the breadth of options (hundreds of managed funds, direct shares, ETFs) may be overwhelming without guidance.

How does Netwealth’s fee structure compare to industry funds? Netwealth charges a platform fee (approximately 0.35–0.65% p.a. reducing with balance) plus the investment fees of the underlying investments chosen. A member using cheap ETFs at $500,000 might have a total cost of 0.4–0.6% p.a. — competitive with large industry funds. A member using actively managed funds at the same balance might pay 1.0–1.5% p.a. total. The comparison depends entirely on investment choice and balance level. Industry funds’ all-in cost at $500,000 is typically 0.5–0.7% p.a.

Can I hold ETFs from the ASX inside Netwealth Super? Yes — Netwealth’s investment menu includes a broad selection of ASX-listed ETFs alongside managed funds, direct shares, term deposits, and SMAs. This allows members to build a low-cost, diversified portfolio inside super using ETFs (e.g., Vanguard, iShares, BetaShares products) without the full cost of a retail fund manager. ETF brokerage applies per trade.

Is Netwealth APRA-regulated? Yes — Netwealth’s superannuation products are APRA-regulated. The fund’s MySuper product is subject to the annual APRA performance test. Netwealth is a publicly listed company (ASX: NWL) subject to both APRA supervision (for its super fund trustee) and ASIC regulation (for its financial services licence). This provides a regulated framework similar to other retail platforms.

What happened to my account if I had a Netwealth adviser who has left? If your adviser leaves their practice or their AFSL, the ongoing service arrangements on your account may change. Contact Netwealth directly to confirm your account status, check for any ongoing adviser fees that may need to be removed, and ensure your account settings (investment option, insurance, beneficiaries) are appropriate. Unlike some older retail platforms, Netwealth does not have a history of systematic fees-for-no-service issues, but active monitoring of adviser fees is always advisable.

For advice on whether Netwealth suits your needs, speak with a licensed financial adviser. Find an adviser via MoneySmart. For more: Macquarie Super Review, North Super Review, Super Fund Comparison Table.