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

Defensive

0.69%

Defensive plus

0.75%

Balanced

0.69%

Balanced plus

0.95%

Growth

0.69%

Growth plus

0.95%

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

 

TOTAL SMSF - Fees & Charges

Administration Fee on all assets except property and loans

Account Balance Tiers

Retail Fee (p.a.)

0 - 500,000

0.005c for every $1 up to $500,000

500,001 – 1,000,000

$2,500 then 0.0033c for each $1 over $500,000

1,000,000 +

Capped at $4,150*

* Fees for amounts over $20,000,000 will be agreed by negotiation.

Brokerage on share trading

Balance Tiers

Fee

0 - 5,000

$19.95

5,000 – 20,000

$24.95

20,000 +

0.12%

Other fees

Type

Fee

Buy/Sell in SMA

0.33%

Managed Fund Transaction Fee

$22.00

Custody Fee (managed funds and SMAs)

0.055% p.a

WealthVue

No charge

Equity Transfer In

$10

Equity Transfer out

$35

Managed Funds, Transfer In and Transfer Out

$35

Corporate Actions and IPO (per transaction)

$22

Total SMSF  accounting and administration fees

Accounting and Administration

Fee

SMSF Tax Return, Financials and Audit

$990

Property Administration Fee

$550

Loan Facility Administration Fee

$250

Processing of Depreciation Schedules if applicable

$250

TOTAL SMSF establishment fees

New Funds

Fee

SMSF Establishment Fee

$232

SMSF Borrowing

$1,649

Corporate Trustee Establishment

$758

Investment Strategy

$0

Existing Funds

Retail Fee

Deed Conversion Fee

$374

SMSF Borrowing

$1,649

Change of Trustee including New Corporate Trustee Establishment

$968

Investment Strategy

$0

An annual levy payable to the ATO by each SMSF

As per ATO guidelines

ASIC Agent surcharge

$250

Miscellaneous

Retail Fee

Technical Services

$374

Audit re-work fee

$440

Change of Trustee including New Corporate Trustee Establishment

$968

Actuarial Certificate: Account based, allocated and term allocation pension

$300

Actuarial Certificate: Defined Benefit Pension

$520

Rollover Service Fee

$250

Rollover Investment Transfer Fee

$55 per month

Subsequent Trust Deed Amendments to our preferred Deed

$220

Add/Remove SMSF Member or Change of SMSF Trustee

$374

SMSF Lost Deed Replacement

$467

Convert your existing Deed with Trustee/Member Change

$467

Convert your existing Deed

$374

 

FLEXIBLE SMSF & DIRECT INVESTING - Fees

A minimum fee of $50 per year is charged on Flexible SMSF & Direct Investing accounts. The minimum fee is based on total funds under management (FUM).  Balances less than $10,000 in Flexible SMSF or Direct Investing accounts on brightday will be charged a minimum of $50.  

Any balance above that amount will be charged as per the rates below:

Administration Fee on all assets except property and loans

Account Balance Tiers

Retail Fee (p.a.)

0 - 500,000

$50 then 0.005c for every $1 over $10,000 up to $500,000

500,001 – 1,000,000

$2,500 then 0.0033c for each $1 over $500,001

1,000,000 +

Capped at $4,150*

* Fees for amounts over $20,000,000 will be agreed by negotiation.

Brokerage on custodial share trading

Balance Tiers

Retail Fee

0 - 5,000

$19.95

5,000 – 20,000

$24.95

20,000 +

0.12%

Other fees

Type

Fee

Buy/Sell in SMA

0.33%

Managed Fund Transaction Fee

$22

Custody Fee (managed funds and SMAs)

0.055% p.a

WealthVue

No charge

Equity Transfer In

$10

Equity Transfer out

$35

Managed Funds, Transfer In and Transfer Out

$35

Corporate Actions and IPO (per transaction)

$22