Challenger Retirement Fund — superannuation fund performance
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Challenger Retirement Fund reported A$352.1m of total assets for 2,208 member accounts (average balance A$160k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 4.3%.
| Total assets | A$352.1m |
| Member accounts | 2,208 |
| Average member balance | A$160k |
| 1-year rate of return | 4.3% |
| 5-year rate of return (annualised) | 2.0% |
| 10-year rate of return (annualised) | 2.4% |
| Investment options offered | — |
What running the fund costs
For its reporting year ended 30 June 2025, Challenger Retirement Fund ran on an operating expense ratio of 0.0% — the running cost per dollar of savings (0.5% is 50 cents per A$100 a year). Payments to related parties — companies connected to the fund's own trustee or owner group — came to A$176, equal to roughly 100.0% of its administration bill (a related-party payment is disclosed, not improper — but it is worth knowing who the fund pays).
| Operating expense ratio | 0.0% |
| Investment expense ratio | 0.0% |
| Administration and operating expenses | A$176 |
| Director remuneration | A$176 |
| Payments to related parties | A$176 |
Does the insurance pay out?
Most super accounts carry insurance, paid from your balance. The admittance rate is the share of finalised claims the insurer accepted in the year to 30 June 2025 — the single best number for "does this cover actually pay".
| Cover type | Claims accepted (1-yr) | Claims paid | Premiums collected | Insurer |
|---|---|---|---|---|
| Life insurance (death cover) | — | — | — | — |
| Total & permanent disability (TPD) | — | — | — | — |
The gender gap in this fund
In Challenger Retirement Fund, women's average balance was 10.0% lower than men's — from the fund-level member demographics APRA last published for the year to 30 June 2022:
| Average balance — female members | A$147k |
| Average balance — male members | A$163k |
| Member accounts (female / male) | 1,587 / 1,280 |
Compare Challenger Retirement Fund with similar funds
The funds closest to Challenger Retirement Fund in size, side by side — each with its own page for the fees, insurance and performance-test detail:
| Fund | Assets | 1-yr return | 10-yr return | Why comparable |
|---|---|---|---|---|
| Lifefocus Superannuation Fund | A$228.1m | 9.1% | 5.0% | Similar size |
| Tidswell Master Superannuation Plan | A$597.0m | 6.4% | 6.9% | Similar size |
| Wrap Super | A$612.3m | 9.2% | — | Similar size |
| Personal Choice Private Fund | A$87.4m | 9.7% | 5.3% | Similar size |
| The University of Sydney Professorial Superannuation System | A$28.2m | 12.2% | 5.9% | Similar size |
| The University of New South Wales Professorial Superannuation Fund | A$24.2m | 12.1% | 5.9% | Similar size |
Questions this page answers
How big is Challenger Retirement Fund?
Challenger Retirement Fund held A$352.1m in total assets for 2,208 member accounts in the APRA fund-level statistics for the year to 30 June 2025.
What return has Challenger Retirement Fund delivered?
Challenger Retirement Fund reported a 4.3% one-year rate of return, and 2.4% a year over the past ten years, at whole-of-fund level in the APRA fund-level statistics.
What does Challenger Retirement Fund charge in fees?
Challenger Retirement Fund reported an operating expense ratio of 0.0% and an investment expense ratio of 0.0% for its reporting year ended 30 June 2025 — the running cost per dollar of savings (APRA fund-level statistics).
See also: Australian super in numbers — marketing spend, expenses, the gender gap and two decades of consolidation across all APRA-regulated funds · all tracked plans.