Skip to main content.

Site Index | Home | Contact Us

 

Super Toolbox

Quickfinder:
Begin main content:

LOW FEES AND CHARGES

MTAA Super is an Industry Super Fund. We are run only to benefit our members and keep all fees and charges to a minimum. Over the years, this could significantly benefit your final super payout.

The table below details the fees that you are charged. These fees may be deducted from your account balance, the returns on investment, or from the Fund as a whole. MTAA Super recommends that you read all the information about fees, as it is important to understand their impact on any investment in this fund.

See: Fees for Pensions

Table of fees and charges

Fees when your money moves in or out of the Fund

Amount

How and when paid

Establishment fee
The fee to open an investment

Nil

Not applicable

Contribution fee
The fee on each amount contributed to the investment

Nil

Not applicable

Withdrawal fee
The fee on each amount taken out of the investment 

$30

Applies to both full and partial transfers or rollovers (not cash withdrawals). The fee is recovered from your account balance.

Termination fee
The fee to close the investment

Nil

Not applicable

Management costs

Administration fee
The fee to cover the general operating and administration costs of the Fund

$101.40 a year
(or $1.95 a week)

Deducted annually in arrears from the member's account balance or when a member withdraws their investment from the Fund.

Estimated investment management costs1
The cost of managing the Fund’s investments.

 

  • Growth
    0.81% p.a.
    ($81 per $10,000)
  • Balanced
    0.69% p.a.
    ($69 per $10,000)
  • Conservative
    0.55% p.a.
    ($55 per $10,000)
  • Target Return
    1.00% p.a.
    ($100 per $10,000)
  • International Shares
    0.19% p.a.
    ($19 per $10,000)
  • Australian Shares
    0.12% p.a.
    ($12 per $10,000)
  • Diversified Fixed Interest
    0.12% p.a.
    ($12 per $10,000)
  • Cash
    0.13% p.a.
    ($13 per $10,000)

Deducted from the earnings of the Fund before net earnings are applied to a member's account.  This will be either annually in arrears or when a member withdraws their investment from the Fund.

Service fees

Investment switching fee
The fee for changing investment options

Nil

Not applicable

Additional explanation of fees and costs

Binding death benefit nomination fee

This applies only if a member elects to make a binding nomination 

$10

Deducted annually in arrears from a members account balance.

Family law fee
Fee to request information

$79

Payable by the person making the request at the time of the request. 

Additional fee to facilitate payment split

$60

Deducted when the split is processed.  Please refer to the Family Law fees section in the Member Handbook for more details.

Contribution splitting fee

$55

Recovered from your account balance. Only one split per year.  A minimum of $1000 will need to be allocated to your spouse if your spouse is not an MTAA Super member.

End main content: