What is Virgin Superannuation?

It’s a type of pension fund in Australia offered by Virgin Money. Employers are legally required to pay a percentage of an employee's salary into a superannuation fund, which can be accessed when the employee retires.

Where have you heard about Virgin Superannuation?

Virgin is a household name in this country, but less is known about its superannuation scheme. It’s one of a number of 'super' funds available in Australia. Employees can also make their own contributions to boost their retirement fund.

What you need to know about Virgin Superannuation.

Virgin Super was launched in 2005 under the Virgin Money Australia brand. Backed by fund manager Mercer - one of the largest superannuation providers Down Under - it uses index tracking, which is designed to remove the risk of poor investments being chosen by an active fund manager.

In 2010, Virgin Super launched the Virgin Super Baby Break, an incentive which means Australian parents are exempt from admin fees for up to 12 months while they’re on maternity or paternity leave.

Find out more about Virgin Superannuation.

For background information, read our definition of superannuation.