What will you pay in fees?

Lower fees can mean a higher super balance. With Suncorp Everyday Super™, you won't pay any establishment fees or exit fees. 

While it's important to understand what fees you are paying, it's equally important to consider all the features of your super fund and how it is supporting you to reach your retirement goals. 

Suncorp Everyday Super™ Fees for super members

Administration Fee*

$1.76 per week plus 0.76% pa on your balance. Nil percentage administration fee for the Suncorp Cash Fund.

The fee of $1.76 per week is charged as a monthly fee of $7.65 and will be deducted by withdrawing units from your account on or around the last day of the month. If you have a super account and a transition to retirement option or a pension account, you will only pay $7.65 per month and the fee will be applied to your super account.

The percentage fee is calculated on the average value of your account balance for the month. It’s deducted by withdrawing units from your account effective on or near the last day of the month.
We reduce this fee by the amount of income tax deductions we receive so the actual fee applied will be less.

$1.76 per week
+
0.76% pa

Investment Fee*

0.16% to 0.71% pa investment fee on your balance.

This fee is included in the daily unit price calculation for each investment option.

0.16% to 0.71% pa

Buy-sell spread

Ranges from nil to +/-0.21%
This fee is reflected in the buy and sell unit price of each investment option.

Nil to 0.21%

Exit Fee

No fees

Nil

Suncorp Everyday Super™ Fees for pension members

Administration Fee

$1.50 per week plus 0.65% pa on your balance. Nil percentage administration fee for the Suncorp Cash Fund.

The fee of $1.50 per week is charged as a monthly fee of $6.50 and will be deducted by withdrawing units from your account on or around the last day of the month. If you have a super account and a transition to retirement option or a pension account, you will only pay $7.65 per month and the fee will be applied to your super account.

The percentage fee is calculated on the average value of your account balance for the month. It’s deducted by withdrawing units from your account effective on or near the last day of the month.

$1.50 per week
+
0.65% pa

Investment Fee

0.16% to 0.60% pa investment fee on your balance.

This fee is included in the daily unit price calculation for each investment option.

0.16% to 0.60% pa

Buy-sell spread

Ranges from nil to +/-0.21%. 
This fee is reflected in the buy and sell unit price of each investment option.

 

Nil to 0.21%

Other fees and cost may apply to your account.

Not sure what some of these fees mean? View fee glossary
Information on how and when you pay fees for Everyday Super is provided in the Product Disclosure Statement and Product Guide.

View Suncorp Everyday Super

Suncorp Brighter Super™ personal fees

Administration fee*

Up to 0.76% of your account balance (less any applicable administration fee discount – see below). The administration fee is 0.76% for monies invested in the Suncorp Lifestage Fund, 0% if invested in the Suncorp Cash Fund and 0.65% for all other options.

The fee is calculated on the average value of your account balance for the month. It’s deducted by withdrawing units from your account effective on or near the last day of the month.

We reduce this fee by the amount of income tax deductions we receive so the actual fees applied will be less.

Up to 0.76% pa

Buy-sell spread

Ranges from nil to +/-0.40%. This fee is reflected in the buy and sell unit price of each investment option.

Nil to 0.40%

Investment Fee*

Ranges from 0.16% pa to 1.39% pa, depending on the investment option(s) you choose.

This fee is included in the daily unit price calculation for each investment option.

0.16% to 1.39% pa

Switching fee & exit fee

No fees.

Nil

Suncorp Brighter Super™ pension fees

Administration fee

Up to 0.65% of your account balance (less any applicable administration fee discount – see below). The administration fee is 0.65% for monies invested in the Suncorp Lifestage Fund, 0% if invested in the Suncorp Cash Fund and 0.55% for all other options.

The administration fee is calculated on the average value of your account balance for the month. It’s deducted by withdrawing units from your account effective on or near the last day of the month.

Up to 0.65% pa

Buy-sell spread

Ranges from nil to +/-0.40%. This fee is reflected in the buy and sell unit price of each investment option.

Nil to 0.40%

Investment Fee

Ranges from 0.16% pa to 1.39% pa, depending on the investment option(s) you choose.

This fee is included in the daily unit price calculation for each investment option.

0.16% to 1.39% pa

Exit fee

No fees.

Nil

*We receive a tax deduction for expenses related to investment and administration fees. As a result, the actual investment and administration fees you pay will be reduced by up to 15%.

Other fees and costs may apply to your account, including insurance fees on any insurance cover provided.

Not sure what some of these fees mean? View fee glossary
For information on how and when you pay fees for Suncorp Brighter Super is provided in the Product Disclosure Statement and Product Guide.

View Suncorp Brighter Super

Fees Glossary Lightbox

Fee glossary

Fee type Description
Administration fee: The fee for operating and administering your fund; a dollar and percentage fee.
Administration fee discount: (Suncorp WealthSmart only) A discount based on plan's balance.
Investment fee: The fee for investing your assets including the fees payable to investment managers of the investment options.

View the full Super glossary