Pension fees and costs

We keep our fees low, so you have more in retirement.

Summary of fees and costs

A summary of the fees and costs for Spirit Super pension accounts. For super accounts, see super fees and costs.

Type of fee	Amount	How and when paid
Investment fee^1,2	Conservative – 0.46% Moderate – 0.56% Balanced – 0.64% Sustainable – 1.00% Long-term – 0.58% Growth – 0.73% Cash – 0.05%  Diversified fixed interest – 0.28% Australian shares – 0.73% International shares – 0.57%	Deducted from investment returns before unit prices are determined and directly applied to your account. Performance-related fee estimates and transaction costs are included in the investment fee.
Administration fee^2,3	$67.60 plus 0.10% of your account balance each year (the percentage fee is capped at $450 each year).	Calculated daily and deducted monthly from your account.
Buy-sell spread	Nil	N/A
Switching fee	Nil	N/A
Advice fees⁴	Nil	Fees for general information and personal advice on your Spirit Super account are included as part of the administration fee.
Indirect cost ratios	Nil	N/A

¹Investment fees are estimates and are normally calculated as at 30 June each year based on actual fees for the previous financial year. The investment fees above are forward-looking estimates that were prepared for the 2021-22 financial year and reviewed on 1 July 2022. They were based on changes to the portfolio structure arising as a consequence of the MTAA Super and Tasplan merger in 2020-21.

As complete fee data under the changed structure for the full 2021-22 financial year isn’t available at the time this table is being prepared, we’ve used estimates rather than actual historical fees. The fees in this table are our best estimate for the 2022-23 financial year.

For further information see the Additional explanation of fees and costs in our Pension guide. The actual investment fees for the current financial year may vary due to changes to the underlying investments.

²If your Spirit Super account balance is less than $6,000 at 30 June each year or when you close your account, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of your account balance. Any amount charged in excess of that cap must be refunded. If you hold more than one account with us, we’ll assess each account separately.

³If you have more than one Control Pension or Managed Pension account with us, the $67.60 yearly fee is only charged once and applied proportionally across all pension accounts based on the number of days each account has been open during the month. The percentage fee cap of $450 will apply on the combined total of your pension accounts.

⁴ We provide general information, education and personal advice about your Spirit Super account at no additional cost. Read about our advice options.