Combined Super's default option has been licensed as MySuper compliant.
The authorisation comes in the face of industry expectations that smaller funds would struggle to win regulator approval to offer a MySuper product, the fund said.
"Because of the substantial amount of expertise and effort required to complete the application process, some smaller funds may lack the resources to undertake the process.
"Some may have already decided it's all too hard," Combined Super said.
The Australian Prudential Regulation Authority (APRA) had complimented the fund on the high quality of its application, according to Combined Super chairman John Evans.
"Our board and our administrator SuperBPO undertook the task as a team fully committed to achieving MySuper authorisation" said Evans.
"We worked closely with APRA throughout the application process.
"The board and executive team has undertaken significant research, planning and preparation for the introduction of MySuper, and our early approval is a credit to their expertise and commitment," said Michael Houlihan, Combined Super and SuperBPO chief executive.
The industry fund for workers in education and related sectors has spent a year researching member and employer preferences through focus groups, which led to a name change from Combined Fund to Combined Super.
Its administrator Super BPO has picked up a couple of new clients and will launch a scaled advice service in March off the back of member feedback.
Houlihan said he was not worried about leakage to self-managed super funds but rather retail funds, due to their strong adviser networks.
Fellow industry fund Cbus also announced its MySuper success this week and will roll out its 'Growth' option this year.
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month.
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super funds to better engage with members on their retirement journey.
The funds have confirmed the signing of a successor fund transfer deed, moving closer to creating a new $29 billion entity.
A number of measures, including super on Paid Parental Leave, funding to recover unpaid super, and frameworks to encourage investment in the energy transition, have been welcomed by the superannuation industry.
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