COMPLETE SUPER & PENSION - Fees & Charges
A minimum fee of $250 per year is charged on Complete Super and Complete Pension accounts. The minimum fee is based on total funds under management (FUM). Balances less than $36,231.88 in combined accounts on brightday will be charged a minimum of $250.
Any balance above that amount will be charged as per the rates below:
Administration Fee – Ready-made Portfolios
|
Type |
Total management and investment fee |
|
Cash |
0.59% p.a. |
|
Balanced |
0.60% p.a. |
|
Passive Balanced |
0.59% p.a. |
|
High Growth |
0.60% p.a. |
|
Passive High Growth |
0.59% p.a. |
Select Investment Options
|
Account balance |
Amount you may pay in fees |
|
0 - 100,000 |
$250 then 0.0069c for each $1 over $36,231.88 |
|
100,001 - 250,000 |
$690 plus 0.0057c for each $1 over $100,000 |
|
250,001 - 500,000 |
$1545 plus 0.0045c for each $1 over $250,000 |
|
500,001 - 750,000 |
$2670 plus 0.0030c for each $1 over $500,000 |
|
750,001 - 1,000,000 |
$3420 plus 0.0020c for each $1 over $750,000 |
|
1,000,001 + |
$3919 plus 0.0015c for each $ over 1,000,000 |
Other Fees – Superannuation and Pension
|
Transaction type |
Fee |
|
Establishment fee |
$0 |
|
Contribution fee |
$0 |
|
Withdrawal fee (Partial Withdrawal) |
$77 |
|
Termination fee (Full Withdrawal) |
$77 |
|
Switch Fee* (Managed Portfolios, Managed Funds) |
$24.95 per switch *2 free switches per year |
|
Brokerage |
0.125% ($24.95 min) per trade |
|
SMA brokarage |
upto .33% per trade |
|
Insurance |
Fee |
|
Administration Fee (Group) |
Ongoing $99 per annum |
|
Administration Fee (Retail) |
Ongoing $99 per annum |
|
Insurance Payment Administration Fee |
$25 per payment |
|
Other |
Fee |
|
Copy of Trust Deed |
$0 |
|
Family Law Enquiry |
$99 |
|
Family Law Split |
$99 |
|
QROPS Transfer |
$99 |
|
Exit Fee |
$77 |
TOTAL SMSF - Fees & Charges
Administration Fee on all assets except property and loans
|
Account Balance Tiers |
Retail Fee (p.a.) |
|
0 - 500,000 |
0.005c for every $1 up to $500,000 |
|
500,001 – 1,000,000 |
$2,500 then 0.0033c for each $1 over $500,000 |
|
1,000,000 + |
Capped at $4,150* |
* Fees for amounts over $20,000,000 will be agreed by negotiation.
Brokerage on share trading
|
Balance Tiers |
Fee |
|
0 - 5,000 |
$19.95 |
|
5,000 – 20,000 |
$24.95 |
|
20,000 + |
0.12% |
Other fees
|
Type |
Fee |
|
Buy/Sell in SMA |
0.33% |
|
Managed Fund Transaction Fee |
$22.00 |
|
Custody Fee (managed funds and SMAs) |
0.055% p.a |
|
WealthVue |
No charge |
|
Equity Transfer In |
$10 |
|
Equity Transfer out |
$35 |
|
Managed Funds, Transfer In and Transfer Out |
$35 |
|
Corporate Actions and IPO (per transaction) |
$22 |
Total SMSF accounting and administration fees
|
Accounting and Administration |
Fee |
|
SMSF Tax Return, Financials and Audit |
$990 |
|
Property Administration Fee |
$550 |
|
Loan Facility Administration Fee |
$250 |
|
Processing of Depreciation Schedules if applicable |
$250 |
TOTAL SMSF establishment fees
|
New Funds |
Fee |
|
SMSF Establishment Fee |
$232 |
|
SMSF Borrowing |
$1,649 |
|
Corporate Trustee Establishment |
$758 |
|
Investment Strategy |
$0 |
|
Existing Funds |
Retail Fee |
|
Deed Conversion Fee |
$374 |
|
SMSF Borrowing |
$1,649 |
|
Change of Trustee including New Corporate Trustee Establishment |
$968 |
|
Investment Strategy |
$0 |
|
An annual levy payable to the ATO by each SMSF |
As per ATO guidelines |
|
ASIC Agent surcharge |
$250 |
|
Miscellaneous |
Retail Fee |
|
Technical Services |
$374 |
|
Audit re-work fee |
$440 |
|
Change of Trustee including New Corporate Trustee Establishment |
$968 |
|
Actuarial Certificate: Account based, allocated and term allocation pension |
$300 |
|
Actuarial Certificate: Defined Benefit Pension |
$520 |
|
Rollover Service Fee |
$250 |
|
Rollover Investment Transfer Fee |
$55 per month |
|
Subsequent Trust Deed Amendments to our preferred Deed |
$220 |
|
Add/Remove SMSF Member or Change of SMSF Trustee |
$374 |
|
SMSF Lost Deed Replacement |
$467 |
|
Convert your existing Deed with Trustee/Member Change |
$467 |
|
Convert your existing Deed |
$374 |
FLEXIBLE SMSF & DIRECT INVESTING - Fees
A minimum fee of $50 per year is charged on Flexible SMSF & Direct Investing accounts. The minimum fee is based on total funds under management (FUM). Balances less than $10,000 in Flexible SMSF or Direct Investing accounts on brightday will be charged a minimum of $50.
Any balance above that amount will be charged as per the rates below:
Administration Fee on all assets except property and loans
|
Account Balance Tiers |
Retail Fee (p.a.) |
|
0 - 500,000 |
$50 then 0.005c for every $1 over $10,000 up to $500,000 |
|
500,001 – 1,000,000 |
$2,500 then 0.0033c for each $1 over $500,001 |
|
1,000,000 + |
Capped at $4,150* |
* Fees for amounts over $20,000,000 will be agreed by negotiation.
Brokerage on custodial share trading
|
Balance Tiers |
Retail Fee |
|
0 - 5,000 |
$19.95 |
|
5,000 – 20,000 |
$24.95 |
|
20,000 + |
0.12% |
Other fees
|
Type |
Fee |
|
Buy/Sell in SMA |
0.33% |
|
Managed Fund Transaction Fee |
$22 |
|
Custody Fee (managed funds and SMAs) |
0.055% p.a |
|
WealthVue |
No charge |
|
Equity Transfer In |
$10 |
|
Equity Transfer out |
$35 |
|
Managed Funds, Transfer In and Transfer Out |
$35 |
|
Corporate Actions and IPO (per transaction) |
$22 |