In Australia,What is Corporate SuperFunds & Retail SuperFunds?

Question

Also, What is the between Corporate SuperFunds & Retail SuperFunds

Thanks in Advance

Answer 1

A corporate super fund is referred to as an "industry fund" and is usually run as a not for profit organisation or a community, therefore having lower fees.

A retail super fund is a company/business aiming to make profit for its directors or shareholders. Their fees are generally higher.