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As a not-for-profit fund, we exist entirely for the benefit of our members. That means all fees go back to providing you with the products and services you need to make the most out of your super, and we’re always looking for ways to improve and pass on any savings we can.

We’re pleased to announce we’re reducing admin fees again for members in Gateway and Divisions 6 and 7 from 1 July 2021.

This is the second time in three years that we’ve reduced admin fees. That means more money back in your super, working hard for you so you can enjoy the retirement you deserve.

How your fees are changing

Gateway (super and income accounts):

  • The new fixed annual admin fee will be $70, down from $98, + 0.23% of your account balance
  • The annual admin fee cap will be reduced to $1,050, down from $1,200
Saving examples:

Annual admin fees for:

  • Gateway members with a $50,000 balance will decrease $28 per year, or 13.1%
  • Gateway members with a $500,000 balance will decrease $150 per year, or 12.5%

Divisions 6 and 7:

  • The new fixed annual admin fee will be 0.25% of your salary, down from 0.29%
  • The annual admin fee cap will be reduced to $1,050, down from $1,200

Lower fees, the same products and services you know and love

While we may be cutting fees, we’re continuing to invest in better tools to help you build and manage your super. Here are a few of the new things we’ve been working on:

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If you need help with making a decision about your super, you can get simple advice over the phone or face-to-face. It’s included as a part of your membership so there’s no extra cost.

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