The less you pay in fees on your super account, the more you could have when you retire.

We're committed to returning profits to you as lower fees and better services. Plus, you won't pay any switching fees.

Capped admin fee

You won't pay more than $562.40 a year in admin fees and costs for each account you hold with us,1 so more money can go towards your retirement savings.

Did you know?

You'll only pay fees and costs for the investment option(s) your super's invested in.

Top-rated super

Our Accumulation and Income accounts get top ratings. And our Balanced option's recognised for giving the best value for money to help you meet your retirement goals.

SuperRatings 15-year platinum 2009-2024 and Chant West 5 Apples Super View all awards

Fee structure

The total amount you pay per year is made up of admin and investment fees and costs, and transaction costs. We call the amount you pay the 'cost of product'. Investment fees and costs also include performance fees, which can change depending on how your investments perform.

Admin fees and costs
+
Investment fees and costs and transaction costs (including performance fees)
=
Cost of product (amount you pay)

Admin fees and costs

If you hold an Accumulation or Income account with us, we'll charge you a flat weekly dollar fee of $1.20. We'll also charge you a percentage fee of 0.06% p.a. of your account balance, capped at $500 per year. If you have more than one account with us, you'll pay admin fees separately for each account.

This means the most we'll charge you for admin fees per year per account is $562.40.

Dollar fee
$1.20 per week
+
Percentage fees
0.06% + p.a. capped at $500 per year per account
+
From reserves
0.05%* Costs met from reserves
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*When the admin costs exceed member admin fees collected, we meet these costs from our general reserve, not from your account balance or investment returns. We estimated this amount as 0.05% for the year ending 30 June 2025.

Investment fees and costs and transaction costs

We charge investment fees and costs to manage each investment option. These include performance fees, which we estimate as an average of the last 5 financial years.

Transaction costs may include stamp duty, brokerage, and settlement and clearing costs. Read the QSuper Investment Guide (pdf) for more information.

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Keep in mind the investment fees and costs and transaction costs shown in your annual statement could be higher or lower than the forecasts in the tables below, depending on how your investments perform.

Automatic

QSuper Lifetime

Our default option changes your investment strategy automatically, as your age and Lifetime account balance changes. You don't have to lift a finger – we take care of your super for you. Learn more.

Lifetime group Investment fees and costs (p.a.) Transaction costs (p.a.) Total (p.a.)
Outlook Outlook
0.45% 0.05% 0.50%
Aspire 1 Aspire 1
0.44% 0.05% 0.49%
Aspire 2 Aspire 2
0.40% 0.04% 0.44%
Focus 1 Focus 1
0.39% 0.04% 0.43%
Focus 2 Focus 2
0.36% 0.03% 0.39%
Focus 3 Focus 3
0.34% 0.03% 0.37%
Sustain 1 Sustain 1
0.30% 0.03% 0.33%
Sustain 2 Sustain 2
0.29% 0.02% 0.31%
Sustain 3 Sustain 3
0.32% 0.02% 0.34%

Your choice

Diversified and asset class options

Choose from a range of investment options that align with your goals.
Our diversified options let you invest in a few different things at once.
Our asset class options are separate investment groups you can mix and match to suit your risk profile and individual needs. Learn more.

Investment option Investment fees and costs (p.a.) Transaction costs (p.a.) Total (p.a.)
Diversified options
High Growth Launch icon
0.65% 0.05% 0.70%
BalancedLaunch icon
 0.59% 0.05% 0.64%
Conservative-BalancedLaunch icon
0.58% 0.05% 0.63%
Conservative Launch icon
0.54% 0.05% 0.59%
Balanced Risk-Adjusted Launch icon
 0.42% 0.05% 0.47%
Socially Conscious Balanced Launch icon
 0.58% 0.06% 0.64%
High Growth Index Launch icon
 0.08% 0.00% 0.08%
Balanced Index Launch icon
0.08% 0.00% 0.08%
Asset class options
Australian Shares IndexLaunch icon
 0.08% 0.00% 0.08%
International Shares Hedged Index Launch icon
 0.08% 0.00% 0.08%
International Shared Unhedged Index Launch icon
0.08% 0.00% 0.08%
Listed Property Index Launch icon
 0.08% 0.02% 0.10%
Unlisted assets Launch icon
 1.70% 0.06% 1.76%
Bonds Index Launch icon
 0.08% 0.00% 0.08%
Cash Launch icon
0.07% 0.00% 0.07%
Self Invest3
0.42% 0.05% 0.47%

Let's break it down further

Here's an example of what you could expect to pay if you invested $50,000  in the QSuper Lifetime option, Outlook group at the beginning of the 2025-26 financial year.

Admin fees and costs
Fees and costs (dollar and percentage)
$62.40
+
$30 + $25
($1.20 p.w.) + (0.06% p.a. + 0.05% p.a.)2
+
Investment fees and costs
Fees and costs (inc. performance fees) + transaction costs
$225
+
$25
(0.45% p.a.) + (0.05% p.a.)
=
Cost of product
(per year)
$367.40

We also take a portion of the admin fees and costs (0.05% p.a.) directly from our general reserves,4 not your account. This means that in the $50,000 example above, $25 will be paid from our general reserves, not your account.

Unless otherwise specified, the tables above don't apply to any money held in Self Invest. Members with money invested in Self Invest also pay an additional fee. Please see the Self Invest Guide for details to learn about Self Invest fees.

Extra fees may apply. If you have insurance, premiums will apply.

We've used the fees and costs for the QSuper Lifetime option, Outlook group in the example above. The investment fees and costs include an estimate of 0.10% for performance fees. The example is illustrative only and based on the assumptions listed. The actual amount of fees and costs can vary depending on your investment strategy and other factors. Read the PDS that applies to you for full details.

Investment fees and costs and transaction costs vary depending on which investment options you choose. Read the PDS that applies to you for full details.

Other fees and costs

Advice about your super account with us is included with your membership.5

Insurance icon

No fees for Defined Benefit accounts

If you have a Defined Benefit account, you don't pay fees and costs, as this is covered by your employer.

However, if you have additional insurance cover, you'll pay insurance premiums as well as the fees and costs outlined above from your Accumulation account. Find out more.

Fees FAQs Show all Hide all

If you have more than one account with us, this means you'll pay more than one set of admin fees.

Example case study

Elliot holds 2 accounts with us – a Retirement Income account with a balance of $1 million, and an Accumulation account with a balance of $100,000.
Here's a breakdown of the extra admin fees paid in a year by having 2 accounts.

Fee types Retirement Income account with balance of $1,000,000 Accumulation account with balance of $100,000
Weekly dollar fee
$1.20 per week
$62.40
$62.40
Capped admin percentage fee
0.06% p.a. up to $500 p.a.
$500
$60 

Admin fees per account
$562.40
$122.40
Elliot's total admin fees $684.80

If Elliot held one account with us, they'd only pay a maximum of $562.40 p.a. in admin fees. That's $162.40 p.a. less than having two accounts in the example above.

No. You'll only pay one set of admin fees per account you hold with us, not for each investment option you have super in.

Investment fees and costs (including performance fees) may change depending on how your investments perform.

Your annual statement shows performance fees for the financial year. In our product disclosure statement (PDS) and website, we show you what you might pay in performance fees based on an average of the last 5 financial years.

This means there's a difference between the numbers on your annual statement and the estimated numbers in our PDS and website.

Read the PDS that applies to you or the FAQ below for more information on performance fees.

Your admin fees help cover the costs of running the fund. These are different from investment fees and costs and transaction costs, which you pay for separately depending on your investment choices. Learn more about our fees, or read more about the costs of investing in the PDS that applies to you.

We charge investment fees and costs – including performance – fees to manage each investment option.

Because most of our investment options are actively managed by us, they may show higher fees. Some of our diversified and single asset options are passively managed, which means we don't manage them directly. They follow the performance of a broad market index. As a result, they may show a lower fee.

We deduct investment fees and costs daily from the unit prices, not your account. For more information on unit prices, download the QSuper Investment Guide (pdf).

Performance fees are included in your investment fees and costs. They encourage investment managers aim for outperformance.

We pay performance fees to some of our external investment managers when they outperform an agreed target. If the managers underperform and don't meet their targets, they don't earn a performance fee. Fees can change from year to year for this reason.

In our PDS and website, we show you what you might pay in performance fees, based on an average of the last 5 financial years. This means the investment fees shown on your annual statement could be higher or lower than what's in the PDS or on our website.

Transaction costs are different for each investment option. Examples of transaction costs include:

  • Settlement and clearing costs: what a stock exchange charges us when we trade assets through them.
  • Stamp duty: what a government charges us if we transfer land or property ownership as part of our investment strategy.
  • Brokerage: what an agent or an agent's company charges us for services like buying or selling, or advice on investment transactions.

Profit for members
We're committed to returning profits to members as better services and lower fees.

As part of Australian Retirement Trust, we work for members, not shareholders.

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Over $330 billion in retirement savings

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Built on 140 years’ combined history6

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2.4 million members, and counting

Super you can trust.

Open an account with us

Enjoy the benefits of a QSuper account today. If you're eligible to become a member, it only takes 10 minutes to apply online. If not, don't worry - you can still join Australian Retirement Trust.

Can I join?

1. Note that this annual admin fee cap only applies to admin fees and does not include costs met from reserves. Self Invest members pay an additional uncapped fee. See the Self Invest Guide for details. Read the PDS that applies to you for more details.

2. Awards and ratings are only one factor for you to think about when deciding to invest. Past Performance is not a reliable indicator of future performance.

3. The total cost of product for Self Invest includes fees and costs for amounts not invested in Self Invest. For more information on how we calculate the total cost of product for Self Invest, please see the ‘Example of annual fees and costs for Self Invest’ in our Self Invest Guide. Self Invest is closed to new members.

4. When the admin costs exceed member admin fees collected, these costs are met from our general reserve, not from your account balance or investment returns. We estimated this amount as 0.05% for the year ending 30 June 2025.

5. Representatives of ART Financial Advice Pty Ltd (ABN 50 087 154 818 AFSL 227867) give financial advice. ART Financial Advice Pty Ltd is responsible for the advice it gives and is a separate legal entity.

6. QSuper was founded in 1913 before merging with Sunsuper on 28 February 2022 to form Australian Retirement Trust.