HESTA review
Industry fund for health and community services.
Who it's best for
Health, aged care, early learning and community services workers.
The good
- Insurance and member servicing aligned to health/community sector
- Strong ESG integration
- Reasonable fees
The less-good
- Returns middle-of-pack vs the largest industry funds
- % fee slightly higher than some peers
The numbers in detail
| MySuper product | Balanced Growth |
|---|---|
| Asset mix | Growth 72 / Defensive 28 |
| Fixed admin fee | $65/yr |
| % fee (investment + indirect) | 0.81% |
| Insurance default | Default death, TPD, income protection — scaled for health workers |
| Choice options available | 10 |
| APRA performance assessment | Performing |
How HESTA compares
Run HESTA through our fund comparison tool alongside AustralianSuper, Hostplus, and UniSuper at your actual balance — the dollar fees at $50k can look very different at $250k or $15k, and the ranking sometimes flips. You can also project your own retirement outcome with its fee and return using the retirement projection calculator.
Switching to (or from) HESTA
Switching supers involves four steps that matter: check the insurance you'd lose when closing, update your employer's Standard Choice form so SG flows to the right place, consolidate via myGov, and confirm the rollover lands. Our consolidation guide has the full walkthrough.
The official source
Always verify current fees, insurance terms and investment options on the fund's own PDS before making a decision. hesta.com.au has the latest. The figures on this page are indicative and updated periodically from the APRA heatmap and the fund's PDS.
General information only — not financial advice. Super decisions are long-term; verify with a licensed adviser. Figures on this page are indicative — verify on the fund's PDS.