A focus on long-term performance
Money magazine’s Best Retirement Innovator 20232
We’re committed to returning profits as lower fees and better services
The cost of managing your account consists of administration fees and costs, investment fees and costs (including performance fees), and transaction costs. We calculate and take out most fees and costs before we declare the unit price, every working day.
This shows the cost of product if you were to invest $50,000 in our different investment options at the beginning of the year. The cost of product gives a summary of how ongoing annual fees and costs (including admin, investment, and transaction fees) can affect your super over a year. So, for every extra $50,000 you have in an investment option, the cost of product will increase.
Other fees may apply to your account, including performance fees - check Member Online or the relevant PDS for details.
Our admin fees and costs cover the general cost of managing your super, including our in-house contact centre, educational seminars, advice about your super, and the systems and processes that support our award-winning products.
Our investment fees and costs cover the cost of managing the assets in your investment options, including performance fees made to investment managers when returns are above an agreed target.
Our transaction costs generally cover selling and buying assets. The type of cost depends on the type of asset, and can include brokerage fees, stamp duty, and costs charged by stock exchanges.
To protect your super, we've lowered the cap on your administration fees and costs, so if you pay more than $875 a year, we'll refund the difference in July of the following financial year.
See our PDSs for more information about fees and costs that may apply.
We believe in keeping fees low – so you won't pay any fees for switching investments.
1. If your QSuper Accumulation account and QSuper Income account balances are less than $6,000 at the end of the financial year (30 June), certain administration and investment fees and costs charged to you are capped at 3% of the account balance. Any amount charged over that cap must be refunded. For more details, see the relevant QSuper product disclosure statement (PDS). 2. Please note as there are no unit prices for the Self Invest option, the administration fees and costs are calculated daily and deducted from your Self Invest transaction account monthly. 3. The investment fees and costs are estimates only, with the part that relates to costs the Trustee incurs based on costs for the year ended 30 June 2023. The actual amount you’ll be charged in the financial years after this will depend on the actual fees and costs the Trustee incurs in managing the investment option. You can find out more about investment fees and costs (including performance fees) in 'Additional explanation of fees and costs' in the relevant PDS.