Compare our fees & charges with other super funds

Our fees are amongst the lowest in the industry.

When choosing a super fund you should always compare the fees you’ll be charged – because, in the end, it’s your money.

Our fees and charges are outlined below in a simple format that allows for easy comparison with other super funds.

These fees and costs may be deducted from your superannuation account, from the returns on your investment or from Catholic Super’s assets.

Want to know about our pension account fees and charges?

Type of fee or cost	Amount			How and when paid
Fees when your money moves in and out of the Fund
Establishment fee The fee to open your investment	Nil			Not applicable
Contribution fee The fee on each amount contributed to your investment – either by you or your employer	Nil			Not applicable
Withdrawal fee The fee on each amount you take out of your investment.	Nil			Not applicable
Termination fee The fee to close your investment.	Nil			Not applicable
Management costs - the fees and costs for managing your investment.
Member fee* This is a member account-keeping fee charged by the fund.	$1.50 per week			Deducted monthly from members’ accounts.
Administration fee This is a fee to cover the general administration of the fund.	0.16% of account balances			Included in the calculation of unit prices. This fee is not charged directly to members’ accounts.
Investment management fee This is the fee for managing the fund’s investments. It includes the fees and expenses for investment managers and the fees paid for the services of the Custodian and Asset Consultant. Some managers appointed by the Fund have fee scales which incorporate a base fee and a fee which depends on their performance relative to specified benchmarks. The performance component cannot be predicted in advance. If all managers who have performancebased fees outperform their benchmarks by 1%, the investment management fee would increase by an amount in the range of 0% to 0.07% pa. When performance fees are incurred, they are accompanied by a more than commensurate increase in returns by the investment manager.	Investment Options	Estimated Investment Management Fee	Estimated Performance Fee	These fees are deducted from the investment earnings of the particular investment option and are reflected in the calculation of unit prices. No investment management fees are charged directly to member accounts. Note that these fees applied for the financial year ending 30 June 2011. Investment management fees will vary from year to year depending on the total amount of funds under management in each option, and the investment performance of each option.
	Managed Choice Options
	Aggressive	0.66%	0.10%
	Moderately Aggressive	0.63%	0.09%
	Balanced	0.59%	0.08%
	Moderately Conservative	0.47%	0.06%
	Conservative	0.39%	0.04%
	Build Your Own options
	Australian Shares	0.52%	0.11%
	Overseas Shares	0.76%	0.03%
	Property	0.65%	0.06%
	Fixed Interest	0.34%	0.00%
	Cash	0.07%	0.00%
Service fees**
Investment switching fee The fee for changing investment option	Nil			Not applicable

* Under Member Benefit Protection legislation, during periods of poor investment returns, management costs are limited to any positive investment return plus up to $10 per protected account. Management costs don’t include insurance premiums and taxes, which will continue to be deducted from your account as applicable.

** See Additional Explanation of Fees and Costs in our PDS for information on all other fees which may be payable.

Fees and Charges – more information

Advisor fees
Catholic Super does not pay commissions or other agent fees to advisors.

Insurance costs
View our insurance benefit scales here, which shows the level of cover and the cost per year for one unit.

Taxation
All fee calculations are inclusive of GST. The benefit of any tax deduction is passed onto members. Read more about tax and super.

Family Law fees
Under Family Law, your spouse or their authorised representatives can request information about your superannuation account balance. Catholic Super will not charge for the provision of this information.

Catholic Super will charge a fee of $55.00 for splitting a superannuation interest upon receipt of a splitting agreement or court order. This fee is divided equally between the member and the nonmember spouse and will be deducted from your super account at the time the benefit is split. Read more about Contribution Splitting.

Member Protection Rebate
Members with small account balances are protected from having their account balances eroded by fees. For account balances of less than $1,000, the member fee in any one year period must not exceed the investment returns earned by the account in that same year, subject to a minimum fee of $10 which may be applied in years of low investment returns.

Contribution splitting fees
Employer contributions can be split by a member to be shared with their spouse’s superannuation account. A $60.50 administration fee is payable by the splitting member for each transaction which is deducted from the member’s account. The fee is deducted at the time the benefit is split. Read more about Contribution Splitting.

Financial planning fees
If you choose to engage the services of Catholic Financial Services Pty Limited, or another financial planner, set fees may apply.

Fee changes
The Trustee reserves the right to increase fees and other costs. If this occurs, Catholic Super will advise members in writing at least 30 days prior to the increase being implemented.

Want to know more about our fees and charges? Contact Us or call 1300 655 002 (Mon-Fri 8.00am-5.30pm AEST).