Why choose a low fee super fund?

Super funds have different fees and costs, and together with performance, this makes a big difference.

Higher fees will generally eat into your hard-earned retirement savings - meaning less money for you to spend once you stop working.

Choosing a super fund with low fees today can give you more confidence about your financial security for your future.

Compare our fees

Low superannuation fees with QSuper

Keeping fees low makes a big difference. That's why we have some of the lowest superannuation fees in the country.1

EXAMPLE BALANCE

HOW IT COMPARES

 

$350 QSuper annual fee

 

$610 Average annual fee

SuperRatings Fundamentals Report, 31 August 2021. For the QSuper Balanced option.2

Profit for members
We don't have shareholders. Everything we do is to benefit our members.

Being profit-for-members means you can be sure we're working in your best interests, not someone else's.

Join QSuper today

How low fees help your balance

Fees and costs can have a substantial impact on your super over the course of your working life.

For example, an increase in fees of just 0.5% can cost a typical full-time worker about 12% of their balance (or $100,000) by the time they reach retirement.3

Graph

No unnecessary charges

We believe in keeping things simple and protecting your super from unnecessary charges. With QSuper, you don’t pay any transaction or switching fees (except when trading in Self Invest).

No transaction or switching fees

  • $0 - Fixed weekly fees
  • $0 - Investment switching fees
  • $0 - Withdrawal fees
  • $0 - Buy-sell spread fees

Annual fee cap

We also cap our annual administration fees, so more money can go towards your retirement savings. Read more about the fees that will apply to you.

Is a low cost super fund worth it?

While low fees are important to think about when choosing a super fund, investment performance also matters.

The Balanced investment option for our Accumulation account has produced strong returns with fewer ups and downs over the past 10 years.4

8.61% p.a.

10-year annual return – Balanced option5

As at 30 June 2021

15-year Platinum Performance

Our performance

Compare the lowest fee super funds

Use the ATO's YourSuper Comparison tool to compare super funds by both fees and benefits - and you'll see QSuper is leading the low fee MySuper funds in Australia. On top of that, we're also in the top 5 for performance, along with so many other benefits.

See how much better off you are with QSuper's award-winning products, and enjoy some of the lowest administration fees around.

ATO YourSuper Comparison

SuperRatings

Note: This super fund comparison tool is maintained by SuperRatings. This tool is updated quarterly and may not reflect very recent product changes.

1. Chant West Super Fund Fee Survey, March 2021. The Chant West data is based on information provided by third parties that is believed to be accurate. Chant West does not issue, sell, guarantee, or underwrite this product. The findings are based on account balances of $25,000 and $50,000. Only administration and investment fees and costs are covered. Fees are gross of income tax. Go to chantwest.com.au for further information about the methodology used and Chant West’s Financial Services Guide. For the QSuper Investment options: Lifetime option Focus 1, Aggressive, Balanced, and Moderate.

2. The annual fee for QSuper Balanced options comprises of the investment fee, indirect cost ratio, and admin fee (%p.a.), which are based on the fees and costs for the financial year ended 30 June 2021. The total fees and any other applicable fees are deducted daily from the unit price before the unit price is declared, and may differ from future fees and costs. The average super fund annual fee is modelled on a small ($500K) employer size and is sourced from SuperRatings Fundamentals Reports, 31 August 2021. The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2021 SuperRatings. All rights reserved. Past performance is not a reliable indicator of future performance.

3. Productivity Commission, 2018, Superannuation: Assessing Efficiency and Competitiveness , accessed 13 September 2021. Based on starting salary of $50,000 and average insurance premiums of $340.

4. SuperRatings Fund Crediting Rate Survey, April 2021. SR50 Balanced Index (60-76). Past performance may not be a reliable indicator of future performance. Based on cumulative returns compounded annually after fees and taxes excluding fixed administration, contribution, switching fees and insurance premiums. SuperRatings does not issue, sell, guarantee, or underwrite this product. Ratings, awards or investment returns are only one factor that you should consider when deciding how to invest your super. The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2021 SuperRatings. All rights reserved.

5. Past performance may not be a reliable indicator of future performance. QSuper’s Accumulation account, Balanced Option only. The return is an compound annualised return reflected after administration fees, investment fees, and tax. Disclosed/reported investment returns reflect the returns of the fund and not member returns of the investment options, as they do not take into account the timing of contributions, investment switches, or withdrawals.