The administration (admin fee) is changing for all super (accumulation) accounts from 31 October 2026, and for all Choice Income and TTR Income accounts (account-based pensions) from 1 November 2026.
Why the admin fee is changing
We regularly review the products and services we offer, including how much they cost you. As a profit-for-member fund, our admin fees are set to cover the costs of running the Fund, including the ongoing improvement of member products and services.
In recent times this has included:
- bringing more member-facing services in-house to improve service quality;
- providing more ways for members to get support when, where and how they need it, including improving access to advice1 and guidance through existing and new channels;
- strengthening member account security and cybersecurity controls to help keep members’ retirement savings safe;
- continuing to fund specialist frontline service teams;
- expanding retirement guidance and advice1to help more members transition confidently into retirement.
We do not pay profits or dividends to shareholders – the money we make is for members.
Based on the latest available MySuper industry fee comparison data (March 31 2026), the revised fees remain 17% below the industry average2.
For FAQs about the admin fee change, visit australiansuper.com/FeeChangeFAQ
1 Personal advice is given by a separate legal entity, not by AustralianSuper Pty Ltd. Some personal advice may incur a fee, which will be disclosed before any work is completed. Subject to meeting eligibility criteria, fees for advice about your AustralianSuper account may be deducted from your account with your consent.
2 Zenith CW Pty Ltd (Chant West) (ABN 20 639 121 403). Chant West Super Fund Fee Survey March 2026. Survey compares weighted average of administration fees and costs for MySuper products for a $50,000 balance. 17% equates to $23.57 over 1 year. AustralianSuper’s MySuper product is the Balanced option. Other fees and costs apply. Fees may change in the future which may affect the outcome of this comparison.
What does this mean for you?
The impact to you will depend on your account balance. You can see exactly what this means for you by using our calculator below.
Calculate your admin fee amount
Calculate your admin fee amount
The administration (admin) fee is changing from 31 October 2026 for super accounts and from 1 November 2026 for Choice Income and TTR Income accounts (account-based pensions).
You can calculate what the new admin fee may be per year based on the account balance you enter.
Enter your account balance
Your new admin fee amount
Your new admin fee amount
How much your admin fee will be will depend on the type of account you have and your account balance.
The admin fee amount displayed is indicative based on the account balance you entered. The total admin fees you pay will vary in the future as your account balance changes.
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Important information
Assumes the balance entered remains constant over a 1-year period from the effective date of the change. The actual admin fee will depend on your account balance each month and will be different to the one shown. If your account balance is less than $6,000 at the end of the financial year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of your account balance. Any amount charged in excess of that cap will be refunded directly to your account. As the calculator does not take into account the impact of any fee refunds, we are unable to calculate your admin fee for balances less than $6,000. Fees shown do not include investment fees, insurance costs and other fees that may apply.
What's changing and when?
A revised admin fee comes into effect on
- 31 October 2026 for members with super accounts, and
- 1 November 2026 for members with Choice Income and TTR Income accounts (account-based pensions).
For super accounts,
- the asset-based admin fee is increasing from 0.10% p.a. to 0.12% p.a.,
- the asset-based fee cap is increasing from $350 p.a. to $600 p.a.,
- the admin fee tax benefit will no longer be applied to your account, and
- the flat fee is not changing and remains at $1 a week.
For Choice Income accounts (account-based pension),
- the asset-based admin fee is increasing from 0.10% p.a. to 0.12% p.a., and
- the flat fee is not changing and remains at $1 a week.
For TTR Income accounts (transition to retirement),
- the asset-based admin fee is increasing from 0.10% p.a. to 0.12% p.a.,
- the admin fee tax benefit will no longer be applied to your account, and
- the flat fee is not changing and remains at $1 a week.
Select your account type below to view a table comparing the current admin fee and the revised admin fee.
- For super accounts
- For Choice Income
- For TTR Income
This table compares the admin fee you currently pay for your super account, and the admin fee effective from 31 October 2026.
| Admin fee breakdown | Current admin fee3 | admin fee effective from 31 October 20263 |
|---|---|---|
| Flat fee PLUS |
$1.00 a week, deducted from your account each month. PLUS |
$1.00 a week, deducted from your account each month. PLUS |
| Asset-based fee | 0.10% p.a. of your account balance, deducted from your account each month, capped at $350 p.a.4 | 0.12% p.a. of your account balance, deducted from your account each month, capped at $600 p.a.4 |
| Admin fee tax benefit | A tax benefit of 15% of admin fees charged is applied to your account, which has the effect of reducing the admin fees charged to your account. | The admin fee tax benefit will no longer be applied to your account. |
3 If your account balance is less than $6,000 at the end of the financial year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of your account balance. Any amount charged in excess of that cap will be refunded directly to your account.
4 This is the maximum asset-based admin fee you will pay each year.
What happens next
For super accounts
Admin fees will continue to be deducted from your super account on the last Friday of every month. You’ll see these changes in your transaction history for the first time on 27 November 2026.
You can view them by:
- logging into your account at australiansuper.com, or
- checking your mobile app – download the app at australiansuper.com/mobile
Your 30 June 2026 annual statement will reflect the current admin fee and tax benefit, as the changes to your super account will only be effective from 31 October 2026.
For Choice Income and TTR Income accounts
Admin fees will continue to be deducted from your Choice Income or TTR Income account on the last day of every month. You’ll see these changes in your transaction history for the first time on 30 November 2026.
You can view them by:
- logging into your account at australiansuper.com, or
- checking your mobile app – download the app at australiansuper.com/mobile
Your 30 June 2026 annual statement will reflect the current admin fee (and tax benefit for TTR Income), as the changes to your Choice Income or TTR Income account will only be effective from 1 November 2026.