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Pension fees and costs

Pension fees and how they relate to your account

As an industry fund, REI Super is run only to benefit our members. We work for you, not shareholders. This means we can keep our fees low as we do not pay dividends to shareholders. 

Fees for REI Super Pension accounts

Type of fee / cost Amount How and when paid
Investment fee From 0.15% to 0.50% p.a. depending on the investment optionThese fees are not deducted directly from your account. They are deducted proportionately from the investment option and reflected in the calculation of the unit prices. 
Administration fee $85.80 p.a. ($1.65 per week) + 0.25%

The dollar fee is deducted from your account balance monthly in arrears or on the date your account is closed. 

 

The percentage fee is not deducted directly from your account. This fee is deducted proportionately from the investment option and reflected in the calculation of the unit prices.  

Buy / sell spread

Buy spread from 0% to 0.15% depending on the investment option.


Sell spread from 0% to 0.15% depending on the investment option. 

These amounts are not deducted directly from your account. They are charged each time units are bought or sold on your behalf and reflected in the calculation of the unit prices.   
Investment Switching fee $0 N/A
Withdrawal / exit fee$90Deducted from your account for each withdrawal or if your account is closed.
Advice feeNilAdvice fees only apply to comprehensive personal financial planning and setting up or reviewing a Transition to Retirement (TTR) strategy.
Indirect cost ratio From 0% p.a to 0.46% p.a depending on the investment option These fees are incurred indirectly by our investment managers and are attributed to the investment option before the gross investment returns have been determined.  

See full details of REI Super Pension fees and costs

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(pdf - 829 KB)

Superannuation fees and costs

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(pdf - 181 KB)

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