Fees
Low fees are important, because the less you pay in fees, the more money you have in your account working for your future.
That's why it's good to know as a QSuper member you pay one of the lowest management fees of any super fund in Australia.2 There are also no entry fees, no exit fees, and no commissions!
Accumulation & Allocated Pension accounts
Management costs (MERs)3
| Investment option |
% Fee p.a. |
$ Fee per $10,000 |
| Balanced |
0.72% |
$72 |
| Cash Plus |
0.47% |
$47 |
| Socially Responsible |
0.95% |
$95 |
| Basic Growth |
0.29% |
$29 |
| High Growth |
0.85% |
$85 |
| Cash |
0.32% |
$32 |
| Fixed Interest |
0.39% |
$39 |
| Australian Shares |
0.40% |
$40 |
| International Shares |
0.42% |
$42 |
Other fees
| Fee |
Amount |
Establishment fee
The fee to open your investment |
Nil |
Contribution fee
The fee on each amount contributed to your investment - either by you or your employer |
Nil |
Withdrawal fee
The fee on each amount you take out of your investment |
Nil |
Termination fee
The fee to close your investment |
Nil |
Investment switching fee
The fee for changing investment options |
Nil |
Insurance
Premiums for insurance cover are also deducted from your account, unless you have elected to opt out of insurance coverage. Find out more about insurance coverage and premiums.
Defined Benefit accounts
The QSuper Defined Benefit account provides a benefit based on a multiple times salary, so neither fees nor investment returns directly affect your benefit. However, there is a fee built into the calculation of your multiple. The fee for the 2007/2008 financial year was 0.85%.
Insurance costs are also factored into the benefit formula of the account and there is no direct cost to you. If you have purchased additional insurance cover, these premiums are calculated as a weekly cost per unit of insurance and are deducted quarterly from your account.
Find out more
To find out more about fees, download our fees fact sheet (pdf).