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We're launching a new investment option menu on 1 July 2024.  Please visit the info hub to learn how this affects Accumulation and Income accounts.

We're transparent with our fees

Did you know the less you pay in fees on your super account, the more money you could have in retirement? That's why it's important to understand what you can expect to pay.


Big fund, simple fees

We're one of Australia's largest super funds. And we're transparent with you about our fees, so you can make an informed decision.


We’re an industry super fund

As a members-first fund, we're committed to returning profits back to you as better services and lower fees.

Outstanding value retirement

Our Super Savings Income accounts have won multiple awards over many years for outstanding value for money.

Our awards

Our fee structure

The total amount you pay per year (cost of product) is made up of administration and investment fees and costs, and transaction costs. Investment fees and costs also include performance fees, which may change depending on how your investments perform.

Admin fees & costs
Investment fees & costs (incl. performance fees)
Transaction costs
Cost of product (per year)

Admin fees and costs

Our administration fees are split between a dollar fee per week, and percentage fees that change depending on your account balance.

Dollar fee

per week

Percentage fees
0.10% p.a. (capped at $800)
0.07% p.a. from general reserves1

Investment fees and transaction costs

Investment fees and costs are what we charge to manage each investment option. These include performance fees which we estimate as an average of the last 5 financial years. This means the actual investment fees shown on your annual statement or our Annual Report may be higher or lower than the forecasts in the tables below, depending on how your investments perform.

Transaction costs include brokerage, settlement and clearing costs, and stamp duty. Read the Super Savings Accumulation Guide for more information.

Lifecycle Investment Strategy

Our default option is designed so you don't have to do anything. We automatically change your investment strategy as you age. This means how much you pay depends on how much of your super balance is invested in each of the pools. Learn more.

Investment pool Investment fees and costs (p.a) Transaction costs (p.a.) Total % (p.a)
Balanced Pool 0.59% 0.13% 0.72%
Retirement Pool 0.58% 0.14% 0.72%
Cash Pool 0.07% 0.00% 0.07%
Your choice
Diversified options

If you want more control over your investment strategy, we have ready-made investment options that you can choose from. They offer diversification by investing in a few different asset classes at once. Learn more.

Investment option Investment fees and costs (p.a.) Transaction costs (p.a.) Total % (p.a)
Growth 0.66% 0.13% 0.79%
Balanced 0.59% 0.13% 0.72%
Balanced – Index 0.09% 0.02% 0.11%
Socially Conscious Balanced 0.51% 0.14% 0.65%
Diversified Alternatives 1.60% 0.26% 1.86%
Retirement 0.58% 0.14% 0.72%
Conservative 0.53% 0.14% 0.67%
Mix and match
Single asset class options

If you want to further diversify your investment strategy, our indexed and single asset class options are separate investment groups you can mix and match to suit your needs and risk profile. Learn more.

Investment option Investment fees and costs (p.a.) Transaction costs (p.a.) Total % (p.a)
Shares 0.23% 0.05% 0.28%
Australian Shares 0.31% 0.09% 0.40%
Australian Shares – Index 0.09% 0.00% 0.09%
International Shares – Index (hedged) 0.08% 0.00% 0.08%
International Shares – Index (unhedged) 0.08% 0.00% 0.08%
Emerging Markets Shares 0.09% 0.00% 0.09%
Property 0.45% 0.26% 0.71%
Australian Property – Index 0.08% 0.00% 0.08%
Diversified Bonds 0.19% 0.00% 0.19%
Diversified Bonds – Index 0.09% 0.00% 0.09%
Cash 0.07% 0.00% 0.07%

Let's break it down further

If you invested $50,000 in the Super Savings Lifecycle Balanced Pool option at the beginning of the year, here's what you could expect to pay.

fees & costs
$1.20 p.w. + (0.10% p.a. + 0.07% p.a.)
fees and costs (incl. performance fees)
$295 (0.59% p.a.)
$65 (0.13% p.a.)
Cost of product
(per year)

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

The above is an example of annual fees and costs for our Super Savings Lifecycle Balanced Pool option. The investment fees include an estimate of 0.22% for performance fees. Figures are based on an assumption of a 52-week year. The example is illustrative only and based on the assumptions listed. The actual amount of fees and costs can vary depending on your investment option and other factors. See the relevant product disclosure statement (PDS) for full details.

A portion of the administration fees and costs (0.07% p.a.) are paid from our general reserves. This means that in the $50,000 example above, $35 will be taken from our general reserves, not your account.

Investment fees and costs and transaction costs vary accordingly to which investment options you choose. See the relevant PDS for full details.

Combining your super accounts could help you save

Do you have super with more than one super fund? You could be paying multiple fees and insurance premiums.

Every cent counts when it comes to your retirement, so why not bring all your super together?2

If you're thinking about transferring the money you have with other funds to us, make sure you read the product disclosure statement or seek personal financial advice before making a decision.

Download the PDS

Low balance fee cap

If your account balance across all your Super Savings accounts is under $6,000 at the end of the financial year, your fees won't be more than 3% of your account balance. We'll refund any amount you pay above this limit.

Understanding fees and costs

We charge administration fees to help cover the cost of running Australian Retirement Trust. By charging administration fees and costs, we're able to provide you with award-winning products and services.

Investment fees and costs are what we charge to manage each investment option and these include performance fees.

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

Investment fees and costs are deducted from the daily unit prices, not from your account. For more information, download the Super Savings Investment Guide.

Performance fees are part of your investment fees and costs. We have them in place because we believe they encourage our investment managers to try to deliver outperformance.

While we pay performance fees to some of our external investment managers when they outperform an agreed performance target, if the managers underperform and targets are not met, then no performance fee is earned. As a result, this may change how much you pay in investment fees and costs.

In our product disclosure statement (PDS) and website, we show you an idea of what you might pay in performance fees, which is an average of the last 5 financial years. This means the actual investment fees shown on your annual statement or our Annual Report may 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:

  • Brokerage: This is charged by an agent or an agent's company to manage services such as purchases, sales, or advice on investment transactions.
  • Settlement and clearing costs: These are charged by a stock exchange that we trade assets through.
  • Stamp duty: This is charged by the government if we transfer land or property ownership as part of our investment strategy.
Girl and boy looking at chart illustration

Other fees & costs



If you're eligible, you may get insurance cover with your super. The cost of insurance (premiums) are taken directly from your account and will change depending on your level of cover, age, and the type of work you do.

Your insurance options


Getting professional help to make a plan now can make a big difference to your financial future – and the cost of advice is included in the admin fees that you pay as a member.

Your advice options
How much are you paying?

Fees over a lifetime can really add up. Log in to Member Online to check your investment options and calculate how much you're paying in fees.

Log in today

1 We maintain a general reserve to help meet our operating expenses and help manage operational risks. We hold the fees we deduct from you to administer your account within the general reserve. Costs met from this reserve represent the operating expenses that are more than the administration fees we collect from members within the financial year. We estimated this amount to be 0.07% for the year ending 30 June 2023.

2 Before you consolidate your super accounts, consider if the timing is right and if you will lose access to benefits such as insurance or pension options, or if there are any fee or tax implications.