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 |