Why choose AFLPA & AFL Super?

Competitive fees

How much you pay, will depend on how you are invested. AFLPA & AFL Industry Super Plan members pay:

• 0.07% pa administration fee (up to a maximum of $350 pa)
• $0.93 weekly member fee ($4 charged monthly)
• 0.015% pa trustee fee
• Paid from super fund’s assets: This amount is currently made up of an estimated administration fee and costs of 0.049% pa and nil trustee expense recovery. This amount is variable and is not deducted from your account balance
• 0.00% to 1.59% pa investment fees and costs and 0.00% to 0.89% pa transaction costs. Please refer to the Investment Guide or the table below for the investment fees and costs and transaction costs for your specific investment option(s).

Additional member activity related fees may apply, such as transaction cost allowance, advice fees for personal advice, or insurance fees. Refer to your welcome letter in conjunction with the fees and costs section in the product disclosure statement and member guide for more information.     

How much could a reduction in fees save you?

Small differences in both investment performance and fees and costs can have a substantial impact on your long-term returns.

For example, paying total annual fees and costs of 2% of your account balance rather than 1% could reduce your final return by up to 20% over a 30-year period (for example, reduce it from $100,000 to $80,000).

How your fees might look

AFLPA & AFL Industry MySuper is the default investment option for the AFLPA & AFL Industry Superannuation Plan.

It takes a lifestages approach, automatically applying different levels of risk to your investments, dependent on your age.

AFLPA & AFL MySuper 1970s option

To demonstrate, we’ve used the AFLPA & AFL Industry MySuper 1970s option in the fee table below.

(i) Additional member activity related fees may apply, such as the transaction cost allowance, advice fees for personal advice, or insurance fees. Refer to the fees and costs section of the member guide for more information.

(ii) You may receive a tax deduction on your Superannuation fees and costs. For details refer to the tax section of the PDS or member guide

(iii) This example is illustrative only, what it costs you will depend on your individual investments.

Other investment options are also available in the AFLPA & AFL Industry Superannuation Plan. For more information on the available investment options and associated fees refer to the Investment Guide.

To find the fees and performance that apply to your existing the AFLPA & AFL Industry Superannuation Plan, login to My AMP.

AFLPA & AFL MySuper investment options

If you were born in another decade and want to check the investment fees and costs and transaction costs, you’ll find them in the table below.

(i) These amounts include estimates of costs deducted from underlying investments. Costs are variable and may be more or less than the amounts shown. Refer to the fees and costs section of the PDS or member guide for more information.

(ii) These amounts are not an indication of future performance and should not be relied on as such. If the investment performance of a particular asset class is better than the set benchmark the performance fees could be much higher. Refer to the fees and costs section of the member guide for more information including how performance fees are calculated.

(iii) You may receive a tax deduction on your Superannuation fees and costs. For details refer to the tax section of the PDS or member guide.

(iv) The Cost of product assumes a balance of $50,000. In addition to the fees shown in the table it includes a member fee of $48 pa, an administration fee of 0.07% pa, a trustee fee of 0.015% pa plus an additional administration fee and costs of 0.049% pa paid from Super fund assets. Refer to the administration fee of the fees and costs section of the PDS or member guide for more information on these fees and costs and other member activity fees that may apply.

(v) The ranges shown here are based on the latest information available at the date of this document. The transaction cost allowance for an investment option can change at any time and may exceed the maximum amount shown. Refer to the fees and costs section of the PDS or member guide for more information.