Superannuation fees & costs

We’re big on keeping fees small. Get to know how they relate to your super and what they’re made up of.

A super fund with low fees*

At AustralianSuper, our goal is to help you grow your super faster by keeping fees low* and striving to deliver strong long-term investment performance. AustralianSuper is a profit-for-member fund, we don’t pay profits or dividends to shareholders. This means the profits we make are for members. 

Super account administration fees

$2.25 per week plus up to 0.04% of your account balance each year.

Choice Income and TTR Income account administration fees

$2.25 per week plus 0.11% of your account balance each year capped at $750.

Learn more about other fees and costs for the Superannuation, Choice Income and TTR Income accounts below.

Important notice: The admin fee structure will be changing for super accounts from 3 September 2022 and for Choice Income and TTR Income accounts from 1 September 2022. For details visit australiansuper.com/FeeChange

*Chant West Super and Pension Fund Fee Survey at 31 December 2021. Based on $50,000 invested in the AustralianSuper MySuper Balanced option and $250,000 invested in the AustralianSuper Balanced Pension option.

Benefit from our size

As Australia's largest super fund, our size and scale help us keep fees and costs lower.

Profits-for-members

AustralianSuper is a profit-for-member fund, we don’t pay profits or dividends to shareholders. This means the profits we make are for members.

Strong net benefits

AustralianSuper is a top performing fund over the medium and long term. Together with low fees*, this means more super for members.

*Chant West Super and Pension Fund Fee Survey at 31 December 2021. Based on $50,000 invested in the AustralianSuper MySuper Balanced option and $250,000 invested in the AustralianSuper Balanced Pension option.
AustralianSuper Balanced investment option (for super and TTR Income) compared to the SuperRatings Fund Crediting Rate Survey – SR50 Balanced (60-76) Index to 31 March 2022. AustralianSuper Balanced investment option (for Choice Income) compared to the SuperRatings Pension Fund Crediting Rate Survey - SRP50 Balanced (60–76) Index to 31 March 2022. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.  

Your super fees and costs in a nutshell

The below section shows the fees and costs you may be charged and explains how they are deducted from your account. If you don’t have any insurance with us, or don’t receive any paid advice, you won’t pay those fees and costs.

Compare us to see the difference

Find out how AustralianSuper performs against other funds, and why choosing a top performing fund could help you grow your super faster.

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What your fees might look like

Most people are invested in our Balanced investment option thanks to its history of strong long term performance

AustralianSuper Balanced investment option (for super and TTR Income) compared to the SuperRatings Fund Crediting Rate Survey – SR50 Balanced (60-76) Index to 31 March 2022. AustralianSuper Balanced investment option (for Choice Income) compared to the SuperRatings Pension Fund Crediting Rate Survey - SRP50 Balanced (60–76) Index to 31 March 2022. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.

Fees for our Balanced option

Fees for our PreMixed and DIY Mix options

The table below shows how our overall investment fee is broken down for each investment option. These are estimated investment fees for the balance held in each investment option for the 2021/2022 financial year. The actual amount will change from year to year and will depend on the actual fees and costs incurred in managing your investments.

Fees for our Member Direct option

The fees and costs that apply to Member Direct vary depending on which option you select.

OPTION ASSETS YOU CAN INVEST IN USING THIS OPTION Cash Account Fee Portfolio Administration fee††
Cash Account Cash 0.12% pa of Cash Account balance**
Nil
Term Deposits Cash and Term Deposits $150 pa‡ ‡
Shares, ETFs & LICs Cash and Term Deposits and ASX 300 Shares, ETFs & LICs $395 pa‡ ‡
Fees shown are GST inclusive. They are calculated daily and automatically deducted from your transaction account on the first business day of each month.
**Calculated daily and deducted monthly after the gross interest rate is applied to the balance in the Cash Account.
†† The Portfolio administration fee is determined by the option you select and not by the type of assets you hold. You can change your current option selection via the platform.
‡ ‡ Calculated daily and deducted monthly from balance in the Cash Account.

 

Additional fees and costs that may apply
Option Term deposit costs Brokerage costs Other fees 
Cash Account Nil Nil You will also pay an AustralianSuper administration fee and investment fees for investment options that are managed by AustralianSuper for you (i.e. PreMixed or DIY Mix options).
Term Deposits If you redeem your Term Deposit(s) prior to their maturity date penalties will apply. Refer to table on term deposit costs. Nil 
Shares, ETFs & LICs If you choose to trade in shares, ETFs and LICs brokerage will apply. Refer to table on brokerage fees below.
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