Legalsuper is an Australian superannuation fund dedicated to the legal community. It is the only

industry superannuation fund An industry superannuation fund (or, simply, 'industry fund') is an Australian superannuation fund originally established to provide for the retirement of workers from a specific industry. While industry funds are no longer tied to specific in ...

for Australia's legal profession. Its

MySuper MySuper is part of the Stronger Super reforms announced in September 2011 by the Gillard Labor government for the Australian superannuation industry to replace the previous default funds system with a new default system using low cost and simple ...

default account is called MySuper Balanced option. As an industry super fund, legalsuper is managed exclusively for the benefit of its members. The fund pays no commissions to sales agents and there are no dividends paid to shareholders. The trustee of legalsuper is Legal Super Pty Ltd. A team of staff is located in

Victoria Victoria most commonly refers to: * Victoria (Australia), a state of the Commonwealth of Australia * Victoria, British Columbia, provincial capital of British Columbia, Canada * Victoria (mythology), Roman goddess of Victory * Victoria, Seychelle ...

New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...

Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_ ...

and

Western Australia Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to th ...

History

Legalsuper commenced in 2005 with the merger of the NSW Law Industry Superannuation Trust (LIST) and the Victorian Legal Industry Superannuation Scheme (LISS), both of which had commenced in 1989. In 2007, the NSW Barristers’ Superannuation Fund merged with legalsuper, bringing funds under management to more than $860 million and membership to more than 36,000. With the 2007 merger, legalsuper covered around 35% of the Australian legal sector. In 2009, two further funds merged into legalsuper – the Blake Dawson Partners Superannuation Fund and the Victorian Barristers Superannuation Fund.Our history
/ref>

References

{{reflist

External links

Legalsuper web site
Australian companies established in 2005 Financial services companies established in 2005 Legal organisations based in Australia Superannuation funds in Australia