We're a fund that puts members first, not profits. The fees we collect in Accumulate Plus are used only to manage the fund in the best interests of all members - because the only wealth we’re interested in growing is yours.

Our profits-to-members approach means we can help you work towards the retirement you deserve by delivering value for money products and services to support you along the way.

Our fees are significantly lower than the average super fund – and while administration and investment fees apply to your account, these total fees are among some of the lowest charged by super funds in Australia.

It’s important to us to ensure our fees remain competitive compared to other funds – and here’s how Accumulate Plus measures up.

The graph below shows industry research comparing the fees quoted in the PDSs of 179 super (accumulation) products from a range of industry super funds, retail or master trust super funds, and corporate funds. (Source: SuperRatings Benchmark Report 2017).

Accumulate Plus fees are current as at March 2017.

GS-IM-Fee-BarGraph-AccumPlus

A summary of fees that apply for Accumulate Plus

An administration fee and investment fee applies to each Accumulate Plus account:

  • The administration fee includes (i) a fee of $77.65 per year (which is deducted as $6.47 per month from your account balance) plus (ii) a fee of 0.17% of your account balance per year (which is deducted from investment returns)
  • The investment fee is different for each investment option – for example, for the default option (Balanced), the fee is 0.41% of your account balance per year (which is deducted from investment returns).

We’ve quoted the gross fees above, but the actual fee that applies will be less than these amounts because we pass on to you the effect of any tax benefit that we are entitled to.

As a guide to help you in comparing different super products, based on an account balance of $50,000 invested in the default (Balanced) option, the total fees you would pay would be $367.65 (gross) for that year.

You can find out more in the Member Guide (PDS) and Reference Guide: Fees and costs for Accumulate Plus.