members
Fees and costs
You'll save on fees and costs through UniSuper's economies of scale
Indexed Pension fees as at 1 July 2010
| Type of fee or cost | Amount | How and when paid | |
|---|---|---|---|
Fees when your money moves in or out of the Fund |
|||
| Establishment fee The fee to open your investment |
Nil | Not applicable | |
| Contribution fee The fee on each amount contributed to your investment - either by you or your employer |
Not applicable | Not applicable | |
| Withdrawal fee The fee on each amount you take out of your investment |
Not applicable | Not applicable | |
| Termination fee The fee to close your investment |
Not applicable | Not applicable | |
Management costs |
|||
| The fees and costs for managing your investment | Commercial Rate Indexed Pensions: Administration fee: $275 per annum | For both Joint Life and Single Life Indexed Pensions an initial administration fee of $275 is charged on the commencement of the pension. This fee is subject to annual indexation. | |
| Defined Benefit Indexed Pension: Administration fee: $275 per annum | This fee is allowed for in the formula used to calculate your pension. | ||
Service fees |
|||
| Investment switching fee The fee for changing investment options |
Not applicable | Not applicable | |
| Family law fee The fee charged when a request is made for information about a member's superannuation interest, or when the following actions take place: a payment split, a payment flag, lifting a payment flag where it does not result in a payment split or terminating a payment flag. |
$77 per application $64 per transaction |
Payable when a member account information application is made. Splitting and flagging fees are deducted in equal proportions from both members' accounts. | |
See the Fees and other costs for Indexed Pensions section of the Your guide to pensions product disclosure statement for additional information about fees and costs payable by members.
tell me more
