Find out what fees you are currently paying for your super

Your fees must, by law, be set out in the PDS of your fund.

ASIC has produced a set of guidelines around the presentation of these super fund fees. Under these guidelines you should expect to see the following in a separate section of the PDS:

  • all fees (including a total for ongoing fees) in a single table

  • a breakdown of individual ongoing fees in a separate table, and

  • other fees information.

You should also expect to see the following information about all fees:

  • what the fee is

  • the amount of the fee, either in dollars, or if a percentage-based fee applies using an example of how this works in dollar terms, and

  • how/when the fee is charged.

For more information please visit the ASIC website.

Superannuation is a long-term investment. The Government has placed restrictions on when you can access your preserved benefits. The Government has set caps on the amount of money you can add to superannuation each year on a concessionally taxed basis. In addition, the Government has set a non-concessional contributions cap. For more detail, speak with a financial adviser or visit the ATO website.