VicSuper's fee structure
VicSuper is committed to providing our members with quality superannuation services for the lowest possible cost.
We charge no entry or exit fees, and there are no fees to make contributions, make withdrawals or rollovers, or change your investment options.
The table below outlines the fees charged to VicSuper Fund members.
For more detailed information on fees and other specified costs, please refer to the Combined Financial Services Guide and Product Disclosure Statement for the relevant benefit plan. You can download a copy from Publications. Alternatively, please call our Member Centre on toll free 1300 366 216 to have a copy sent to you.Type of fee | Amount |
Management fee | VicSuper's management fee is 0.5% pa of your average account balance over the year, and is deducted at 30 June (or when you close your account). This fee is capped at $1,500 pa per account once your average account balance over the year is $300,000 or more. |
Entry fee | Nil |
Account keeping fee | Nil |
Contribution fee | Nil |
Changing investment options fee | Nil |
Withdrawal fee | Nil |
Exit fee | Nil |
If your benefit in VicSuper Fund is less than $1,000 at the end of the financial year, VicSuper limits the management fee that is deducted from your account. This is called member protection. Taxes and insurance premiums (if applicable) will still be deducted. However, in the event that total investment returns are insufficient to meet the management and investment administration expenses of VicSuper Fund as a whole, limited member protection will apply, provided the apportionment of management and investment administration expenses are carried out in a fair and equitable manner.
