It's important to understand the fees that relate to your Income account, especially if you are comparing Sunsuper with other funds. Over a number of years lower fees can make a huge difference!

Administration fee:

The Administration fee consists of: 

  • $4.00 per week, and
  • 0.10% p.a. on the first $800,000.00 of your account balance (that's just $10 for every $10,000 per year).

To calculate the annual Administration fees you are likely to pay on your Sunsuper for life - Income account enter your balance in to the calculator below.

Income account Administration fee calculator

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Calculate

Income account Administration fee calculator

Your Income account administration fee is:

$ p.a

Your fee includes $4 per week plus 0.10% per annum on the first $800,000 of the balance you entered. The actual administration fee will be based on your actual account balance.

 

 

 

 

Investment fees are not included in the calculation. The fees calculator applies to Sunsuper for life members Income accounts only. Find out more about our Super-savings account fees.

Other fees:

With Sunsuper you pay no entry fees and no commissions. For the investment options you invest in you only pay the costs that have been incurred by the investment option. Find out more about investment fees.  If you make a withdrawal (other than a partial cash withdrawal) from your account an exit fee of $40 applies. No exit fee is charged for partial cash withdrawals.

For more information on our fees or for more information on insurance premiums please refer to the Sunsuper for life PDS.