Suncorp Super Review (2026) — Is It Still Available?
This article provides general information only and does not constitute financial advice. For advice tailored to your situation, consult a licensed financial adviser. Learn more.
Contents
Suncorp Super was the superannuation product offered through Suncorp Group — an Australian insurance and banking company operating primarily in Queensland and New South Wales. Suncorp has undergone significant restructuring of its wealth management operations.
Key Facts
| Feature | Detail |
|---|---|
| Parent company | Suncorp Group (banking and insurance) |
| Fund type | Retail |
| Status | Substantially wound down / products closed to new members |
| Website | suncorp.com.au |
Background
Suncorp previously offered superannuation through its wealth management arm (Suncorp Portfolio Services and related entities). In common with many banks and insurers, Suncorp exited or significantly reduced its wealth management business following the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Most former Suncorp Super products are closed to new members. Existing member balances may have been transferred or continue in run-off.
What Current Suncorp Super Members Should Do
- Identify your current account: Check your last super statement to confirm your fund details
- Check APRA’s Superannuation Heatmap: See how your fund and product performs relative to peers
- Use the ATO YourSuper tool: Compare fees and performance with other super products
- Consider consolidating: If your Suncorp Super product has high fees or weak performance, moving to a competitive fund may significantly improve retirement outcomes
- Check insurance: Confirm whether you have insurance cover attached to your Suncorp Super account and whether it would be lost if you switch
Finding a Lost Suncorp Super Account
If you have an old Suncorp Super account you cannot locate:
- Check the ATO’s myGov “Manage my super” section — it lists all super accounts linked to your TFN
- Contact the ATO on 13 28 65
Frequently Asked Questions
Is Suncorp Super still operating? Suncorp Super has been significantly restructured since the Banking Royal Commission findings. Suncorp sold its life insurance business to TAL in 2019 and its wealth management and super businesses to LGIAsuper (now Brighter Super) in 2021–2022. If you were a Suncorp Super member, your account has likely been transferred to Brighter Super (formerly LGIAsuper). Check your most recent member statement or contact Brighter Super for details of your current account.
If my Suncorp Super was transferred, am I now in Brighter Super? Most Suncorp Super members were transferred to Brighter Super as part of the 2022 business sale. Brighter Super is an APRA-regulated industry-style fund based in Queensland. Check with Brighter Super (brightersuper.com.au) to confirm your account transfer and review your current product features, fees, and investment options under the new structure.
Were Suncorp Super members affected by the Banking Royal Commission? Yes — the Royal Commission identified practices within Suncorp’s wealth management division (including selling insurance through super and cross-selling conflicts) that led to poor member outcomes in some cases. The sale of the super and insurance businesses to Brighter Super and TAL respectively was part of Suncorp’s exit from financial services products in response to these issues and broader industry restructuring.
What should I do with my super if it was transferred to Brighter Super? Review your Brighter Super account details: check the investment option you are in, your insurance cover, and the current fees. Compare Brighter Super against other large industry funds (e.g., AustralianSuper, Australian Retirement Trust, Hostplus) using the ATO YourSuper tool. If Brighter Super’s fees, performance, or features don’t suit your needs, you can roll to another fund. See How to Switch Super Funds.
Can I still contact Suncorp about my old super account? For accounts transferred to Brighter Super, queries should be directed to Brighter Super member services — not Suncorp. Suncorp has exited the super administration business. Your most recent member statement from Brighter Super will have current contact details.
Is Brighter Super a good fund? Brighter Super (formerly LGIAsuper) is an APRA-regulated Queensland government-related industry fund with a long history in the local government sector. Assess it using the ATO’s YourSuper tool for current performance test results and fee comparisons at your balance level. Brighter Super has broadened its member base following the Suncorp acquisition and continues to operate under APRA supervision.
For advice on your Suncorp Super account and whether to switch, speak with a licensed financial adviser — note that advisers associated with Suncorp or its aligned network may have conflicts of interest. Find an independent adviser via MoneySmart. For more: Super Fund Comparison Table.