This page explains all Catholic Super fees and charges in a simple format that allows easy comparison with other super funds.

These fees and costs may be deducted from your pension account, from the returns on your investment or from Catholic Super’s assets. Click here for our super account fees and charges.

Type of fee or cost	Amount			How and when paid
Summary of fees
Establishment fee The fee to open your investment	Nil			Not applicable
Contribution fee This is the fee for the initial and every subsequent contribution you make to the fund (or that may be made on your behalf, eg. by an employer).	Nil			Not applicable
Investment switching fee The fee for changing investment option	Nil			Not applciable
Withdrawal fee This is the fee charged for each withdrawal you make from the fund (including any instalment payments and your final payment).	Nil			Not applicable
Termination fee The fee to close your account with Catholic Super.	Nil			Not applicable
Ongoing management fees
Member fee 1 This is a member account-keeping fee charged by the fund.	$78 per year			Deducted annually from your account (by deduction of units)
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%

(1) The member fee of $78 per annum is deducted from your account at the end of each financial year. If you leave the pension plan part way through the year, the fee will be proportioned for the number of months and weeks you have been in the plan.

* Investment management and administration fees are deducted from the investment earnings of the particular investment options and are reflected in the unit prices. No investment management or administration fees are charged directly to members’ accounts.

Additional explanation of fees and charges

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

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.

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.