Spirit Super

Profile narrative

Spirit Super, also known as Superfund, operates as an Australian superannuation fund that provides retirement savings and investment management services to its members. The fund offers a range of investment options designed to help individuals accumulate wealth for retirement, including diversified portfolios, balanced funds, and sector‑specific choices. Its primary market consists of Australian workers who contribute to the fund through employer‑mandated superannuation guarantee payments and voluntary contributions. Spirit Super administers these contributions, tracks account balances, and facilitates benefit payments upon retirement or other eligible conditions. The organisation is subject to Australian prudential regulation and must comply with the Superannuation Industry (Supervision) Act and related standards that govern fund operations, disclosure, and member protections.

According to publicly available information, Spirit Super serves over 330,000 members, indicating a substantial footprint within the Australian retirement savings landscape. A notable incident occurred on 19 May 2022 when a phishing attack compromised a staff member’s email account, leading to unauthorized access to a mailbox containing personal data for approximately 50,000 members; the exposed information included names, addresses, ages, email addresses, phone numbers, superannuation account numbers, and account balances from the 2019‑20 financial year, while tax file numbers, driver’s licence details, and bank credentials were not reportedly affected. The breach was detected promptly, contained, and reported to relevant authorities such as the Australian Privacy Commissioner, prompting a review of data handling practices, staff training, and account security controls. Spirit Super’s headquarters are located in Austria, reflecting an international administrative presence despite its primary member base and regulatory environment being Australian. No explicit details about ownership structure or parent/subsidiary relationships are provided in the source material, so those aspects are not included here.

Incidents

1 incident linked to this organisation.