Super (Superannuation) is a form of forced savings. It is paid by your employer, invested on your behalf, and used to fund your lifestyle in retirement. Generally, your employer needs to pay a minimum of 11% of your ordinary time earnings into a super fund, although we suggest you visit the ATO website to check eligibility. Your employer will pay superannuation into your existing superannuation account, or in its absence, open a superannuation account for you.
The Super Fund is managed by a Fund Manager. The Fund Manager invests the money paid into your superannuation account in the way you have asked.
For instance, you may have told them you want your money to be invested conservatively, into low-risk investments, so they will invest your money into investments that have been classed as low risk.
Perhaps you have told them you want to be more aggressive and so want them to invest your money into higher-risk investments; they will invest your money into more aggressive products.