Comparison

MLC vs IOOF

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

MLC

Manage your superannuation, pension, or investment accounts with ease. Securely access your balances, view transactions, update personal details, and track contributions. Find and consolidate lost super, and get notified of payments.

Highlights
  • View account balances
  • Secure login (PIN, Touch ID, Face ID)
  • Check transactions and beneficiaries
  • Review insurance cover
  • Track super contributions
  • Find and consolidate super
  • Update personal details
Features
Read full description

With the MLC app you can: • View your MLC MasterKey super, pension, or investment balances—quickly and simply. • Get secure and easy access, using a PIN, Touch ID or Face ID (only available on compatible devices). • Check transactions, nominated beneficiaries, and your current mix of investment options. • Get notified when you receive a super payment. • Review insurance cover within your super account. • Keep an eye on your super contributions. • Find and consolidate your super. • View your regular investments and withdrawals, distributions, transactions and investment options in your MasterKey investment account. • Update your personal details. • View our super fund details such as our Fund ABN, Product USI, address, and complying fund statement. • Use the app to easily send your super account details to your employer when you change jobs. • View your balance over financial years as a handy, interactive graph. • Get easy access to help and support within the app. Already have MLC online access? Download the app now. You'll need to be registered for MLC online access. Not registered? Simply go to mlc.com.au or call us on 132 652. Please note: • The app doesn’t include information on MLC Wrap, MLC Navigator or products such as standalone insurance. • This app isn’t intended for use by financial advisers.

About

IOOF

Manage your Super or Pension account with secure 24/7 access. View your balance, transactions, and performance, and make changes to investments and personal details. Easily find and combine super accounts and download important documents.

Highlights
  • View account balance and transactions
  • Track investment performance
  • Find and combine super accounts
  • Update investments and beneficiaries
  • Download communications and reports
  • Access fund forms
Features
Read full description

The IOOF app makes it easy to view your Super or Pension account while enjoying secure access 24/7, using a passcode, fingerprint or facial recognition.   With the IOOF app you can: • Check your balance, view your transactions and performance • Find and combine your super • Review and make changes to your investments, beneficiaries, personal details, communications preferences and more. • Download communications and generate numerous reports. • Download a choice of fund form to easily provide to your employer when you change jobs, or find out how to make additional after-tax contributions. • Visualise your balance over time with an interactive graph or access reports for your individual investments.   Please note, an active account is required to access the IOOF app.

Screenshots

MLC4 screens
IOOF4 screens

Verdict

The call

The clearest difference is review sentiment: MLC at 30% against IOOF's 12%. On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Both ship on a similar rhythm, roughly every 2 months. The most recent releases landed on November 2, 2026 and November 3, 2026 respectively.

Scorecard1 real difference · 7 level
MLC versus IOOF: the parameters behind the verdict, then further details
ParameterMLCIOOF
PriceFreeFree
Positive reviews30.2% of reviews — better11.5% of reviews
Update frequencyEvery 2 monthsEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS15.115.0 — better
Further details — not scored
Size49 MB119 MB
Age rating4+4+
DeveloperIOOF Service Co Pty LtdInsignia Financial Ltd

Customer experience

MLC

Written reviews43 reviews
Positive30.2%
Neutral18.6%
Negative51.2%

IOOF

Written reviews26 reviews
Positive11.5%
Neutral0.0%
Negative88.5%

Bugs and requests

MLC

Reported bugs

11 issues
  • Login button does not work
  • App crashes
  • Face ID/Face recognition signing in issues
  • App stuck on login page
  • Update does not work
Show 6 more
  • Keyboard not presented for login
  • Back button not working
  • White screen on launch
  • Cannot accept terms and conditions
  • App cycles to App Store after update
  • Login details incorrect despite website working

Requested features

11 requests
  • Include rate of return for previous and current year
  • Show balance after every transaction
  • Option to view data by calendar year
  • Add graphs for visualization
  • Manage investments from the app
Show 6 more
  • Improve UI color scheme
  • Add more features like changing portfolio and insurance numbers
  • Update login photo
  • Allow online withdrawal of funds
  • Face recognition login on every login
  • App rotation and better iPad screen utilization

IOOF

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

MLC

No in-app purchases

None

IOOF

No in-app purchases

Questions

Is MLC free?
MLC is free to download, with no in-app purchases.
Is IOOF free?
IOOF is free to download, with no in-app purchases.
Do MLC or IOOF have ads?
Neither MLC nor IOOF shows ads.
Which is updated more often, MLC or IOOF?
MLC ships an update every 2 months, and IOOF every 2 months. Most recently, MLC was updated on November 2, 2026 and IOOF on November 3, 2026.

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