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 delivering strong long-term investment performance. Our fees are low because we don’t pay commissions to advisers or give profits to shareholders.  

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.

See how our fees compare

See how much AustralianSuper’s admin and investment fees are compared to the average.

See how much AustralianSuper’s admin and investment fees are compared to the average.

Grow your super faster with low fees

As Australia’s largest super fund, we use our size and scale to secure competitive fees and lower investment costs. Combine this with our history of strong, long-term performance and it could mean more money for your retirement.

As Australia’s largest super fund, we use our size and scale to secure competitive fees and lower investment costs. Combine this with our history of top performance and it could mean more money for your retirement.

Select a super balance

Annual admin and investment fees on a $25,000 balance

A graph comparing the annual admin and investment fees on a $25,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $285 a year compared to an average of $370 a year for all super funds and an average of $439 a year for retail super funds. Please refer to the important information below for more detail. A graph comparing the annual admin and investment fees on a $25,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $285 a year compared to an average of $370 a year for all super funds and an average of $439 a year for retail super funds. Please refer to the important information below for more detail.

Annual admin and investment fees on a $50,000 balance

A graph comparing the annual admin and investment fees on a $50,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $452 a year compared to an average of $633 a year for all super funds and an average of $737 a year for retail super funds. Please refer to the important information below for more detail. A graph comparing the annual admin and investment fees on a $50,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $452 a year compared to an average of $633 a year for all super funds and an average of $737 a year for retail super funds. Please refer to the important information below for more detail.

Annual admin and investment fees on a $100,000 balance

A graph comparing the annual admin and investment fees on a $100,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $787 a year compared to an average of $1,167 a year for all super funds and an average of $1,348 a year for retail super funds. Please refer to the important information below for more detail. A graph comparing the annual admin and investment fees on a $100,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $787 a year compared to an average of $1,167 a year for all super funds and an average of $1,348 a year for retail super funds. Please refer to the important information below for more detail.

Annual admin and investment fees on a $250,000 balance

A graph comparing the annual admin and investment fees on a $250,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $1,792 a year compared to an average of $2,757 a year for all super funds and an average of $3,176 a year for retail super funds. Please refer to the important information below for more detail. A graph comparing the annual admin and investment fees on a $250,000 balance. The graph shows AustralianSuper’s Balanced option as having the lowest fees at $1,792 a year compared to an average of $2,757 a year for all super funds and an average of $3,176 a year for retail super funds. Please refer to the important information below for more detail.

Benefit from our size

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

Profits to members

As a profit-to-member fund, we don't pay commissions to financial advisers or pay dividends to shareholders.

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.

* Based on the AustralianSuper Balanced investment option compared to the SuperRatings Fund Crediting Rate Survey — SR50 Balanced (60–76) Index, periods to 31 July 2021. Returns from equivalent investment options of the ARF and STA super funds are used in calculating returns for periods that begin before 1 July 2006. 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.

Compare us now

What your fees might look like

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

* Based on the AustralianSuper Balanced investment option compared to the SuperRatings Fund Crediting Rate Survey — SR50 Balanced (60–76) Index, periods to 31 July 2021. Returns from equivalent investment options of the ARF and STA super funds are used in calculating returns for periods that begin before 1 July 2006. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.


Fees for our Balanced option

  • Choice Income account invested in the Balanced option

    This table show what the annual fees might look like over a one-year period for a Choice Income account with a balance of $50,000.

     Example: Balanced Investment Option
    Investment fees* 0.62% For every $50,000 you have invested in the Balanced investment option, you’ll be charged $310.
    Plus administration fees $117 pa ($2.25 per week) Plus 0.11% pa of your account balance capped at $750 pa 
    And you will be charged $117 in administration fees regardless of your balance, plus $55 per year. 
    Plus indirect costs for the Balanced Investment option
    Nil
    And indirect costs of $0 each year will be deducted from your investment. 
    Equals cost of product
    If your balance was $50,000, then for that year you will be charged fees of $482*

    Note: Additional fees and costs may apply.

    *The investment fee is for 2020/21 financial year. It’s likely to change from year to year and is different for each investment option. The fee is calculated looking back as at 30 June each year, the amount you’ll be charged in subsequent financial years will depend on the actual fees incurred in managing investments.

    If your account balance for a product is less than $6,000 at the end of the financial income year, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of the account balance. Any amount charged in excess of that cap will be refunded.

Fees for our PreMixed and DIY Mix options

Fees for our Member Direct option

If you invest in Member Direct, you’ll have additional fees (on top of the investment fees mentioned above) for this option:

OPTION ASSETS YOU CAN INVEST IN USING THIS OPTION Cash Account Fee Portfolio Administration fee
Cash Account     Cash  0.12% of Cash Account balance*
Nil
Term Deposits Cash and Term Deposits $150 pa§
Shares, ETFs & LICs Cash and Term Deposits and ASX 300 Shares, EFTs & LICs^ $395 pa§

* Calculated daily and deducted monthly after the gross interest rate is applied to the balance in the Cash Account.
§ Calculated daily and deducted monthly from balance in the Cash Account.
^ Additional fees and costs incurred by the ETF or LIC, including management fees, custody costs and other expenses may be deducted from the returns of the underlying securities in the ETF or LIC. For details please visit the website of the ETF or LIC issuer.

Fees shown are GST inclusive. They are calculated daily and automatically deducted from your transaction account on the first business day of each month.

Additional fees and costs that may apply Term deposits option  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.

If you (or your beneficiaries) redeem your Term Deposit(s) prior to their maturity date, penalties will apply. Our effective rate of interest will be reduced in accordance with the following discount factors. Principal reductions and other costs may also apply. See breakdown below. More information on Member Direct fees is available here.

If you choose to trade in share and ETFs, the following brokerage fees will apply. A flat fee applies to the first $5,000 of your trade. Scale cumulative brokerage rates apply to each components of your trade value above this, at the levels set out below.

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