Fees

LUCRF Super works hard to keep fees low, whilst delivering superior products and services to our members.

We charge a flat $1.25 administration fee per week. This flat fee along with our competitive investment management costs, means more money in your super account.

When comparing super funds, it is important to consider fees and investment returns, as they could have a big impact on your final investment balance when you retire. LUCRF Super has a long history of strong returns and low fees.

The table below outlines costs that may apply when investing with LUCRF Super.

Note: You may also be charged other service fees or special request fees for specific services. Refer to ‘Additional explanation of fees and costs’ in our Member Guide for further information. #0.08% as at 30 June 2010.

Insurance costs are detailed in the Insurance section of this website. You may also be charged other service fees or special request fees for specific services. Refer to 'Additional Explanation of Fees and Charges' in the 'Fees' section of the LUCRF Super Member Guide (see Related content).

Important note: Under normal circumstances members with a balance under $1,000 will not be charged a fee that exceeds the investment return (this is called member protection, refer to the LUCRF Super Member Guide for more information). Member protection excludes insurance premiums, tax or costs deducted prior to the declaration of investment returns. If, however, the administration costs in a year exceed the investment income, the Trustee has the option of charging an additional fee of up to $10 (per year) plus investment earnings.