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 competitive as we do not pay dividends to shareholders. 

Fees for REI Super Pension accounts


Type of fee / cost Amount How and when paid
Retirement Pension  
Ongoing annual fees and costs1  
Administration fees and costs0.25% p.a.This amount is not deducted directly from your account. It is is deducted proportionately from the investment option and reflected in the calculation of the unit prices, usually weekly.
Investment fees and costs2 Between 0.06% and 0.70% p.a3. (estimated) depending on the investment option and type of pension you hold.

The applicable percentage is not deducted directly from your account. It is deducted proportionately from the investment option and reflected in the calculation of the unit prices, usually weekly.

Transaction costs

Between 0.00% and 0.12% p.a.3 (estimated) depending on the investment option and type of pension you hold.

The applicable percentage is not deducted directly from your account. It is deducted proportionately from the investment option
and reflected in the calculation of the unit prices, usually weekly.

Member activity-related fees and costs

Buy-sell spread
Buy spread: from 0.00% to 0.10% depending on the investment option and type of pension you hold.
Sell spread: from 0.00% to 0.10% depending on the investment option and type of pension you hold.

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, usually weekly.
Switching feeNilNot applicable.
Other fees and costs4VariousDeducted from your account, when applicable.


1. If your account balance for a product offered by the superannuation entity is less than $6,000 at the end of the entity’s income year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap must be refunded.
2. Investment fees and costs include an amount of between 0.00% and 0.05% pa for performance fees depending on the investment option. The calculation basis is set out under Additional explanation of fees and costs in the fees and costs section of the Pension Product Disclosure Statement.
3. Investment fees and costs and transaction costs are estimates and the actual amount will change from year to year and may be more or less than the amounts shown. See Additional explanation of fees and costs in the fees and costs section of the Pension Product Disclosure Statement for further details.
4. Activity fees, advice fees for personal advice fees may apply. For further information see Additional explanation of fees and costs in the fees and costs section of the Pension Product Disclosure Statement.

Fee rebate on balances over $300,000

If your total account balance is over $300,000, you will receive a fee rebate on the portion of your account that is over $300,000.

Account balanceRebate %
First $300,000Nil
Amount over $300,0000.28 % 

REI Super Pension fees and costs

Superannuation fees and costs

pdf
(pdf - 165 KB)