Features
Flexible contributions
You can change how much you contribute from your salary at any time. Boost your super or have some extra money to spend or save.
Investment choice
Control where you invest your super. Pick from a range of investments, including high growth and sustainable options.
Insurance to suit you
You'll have death and disablement cover (if eligible), with the option to add income protection too. Change your cover to suit your needs anytime.
Fees
Our fees cover the costs of managing your account and investments. Some are deducted from your account balance and some from your investment returns.
Different investment options have different costs, so be sure to read the Product Disclosure Statement (PDF, 2.5 MB) for the full details of what you pay and how.
| Type of fee | Amount |
|---|---|
| Administration fees and costs1 | $96 or 2% of your account balance (whichever is less) per year (maximum $8 per month). |
| Investment fees and costs2,4,5 | 0.40%1 per year |
| Transaction costs2,3,4 | 0.06% per year |
| Investment switching fee | $0 for the first switch per account each financial year. Each subsequent switch within that financial year is $9.85. |
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Things you need to know
1 If your account balance is less than $6,000 at the end of the financial year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap will be refunded.
2 The investment fees and costs and transaction costs shown are indicative only and are based on the investment fees and costs and transaction costs for the year ended 30 June 2020, including several components which are estimates. The actual amount you’ll be charged in subsequent financial years will depend on the actual fees and costs incurred by the Trustee in managing the investment option. Investment fees and costs include an amount of 0.02% for performance fees. The calculation basis for this amount is set out in the product disclosure statement. See more about investment costs.
3 The transaction costs are net of any amount recovered by the buy-sell spread charged by UniSuper.
4 The investment fees and costs and transaction costs for other investment options are set out in the product disclosure document. They are calculated on the same basis, and paid at the same frequency and in the same manner as the Balanced investment option.
5 Refer to ‘Additional explanation of fees and costs’ in the product disclosure statement.
How to transfer to Accumulation 2
You can transfer to the Accumulation 2 product from the Defined Benefit Division (DBD) any time within 2 years of joining. Remember, you can only make this choice once.
If you do transfer, you can’t go back the DBD.
If you’re unsure what’s best for you, we recommend contacting us or seeking financial advice before making your decision
Compare Accumulation 2 with the DBD