We're reducing our fees

Significant Event Notice (SEN)

October 2018

Our variable administration fee reduced from 0.22% to 0.18% per annum of your account balance. The following investment fees were also reduced. 

Investment optionnew feeold feechange in fee
High Growth0.31%0.35%(0.04%)
Australian Shares0.30%0.35%(0.05%)
International Shares0.39%0.42%(0.03%)
Indexed Shares0.11%0.15%(0.04%)

Our indirect cost ratio (ICR), which is incurred by the fund and is not deducted directly from your account, has also been reduced from 0.43% to 0.39% per annum for the MySuper Balanced option. All changes are effective from 1 October 2018. The changes to the MySuper Balanced option also apply to the Balanced option for pension accounts.


Member news November 2018

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