No fees to boost your super

Published on 15/04/2021

If you have less than $6,000 in super, no administration or investment fees are charged to your account as a Prime Super member, but you still get the benefit of strong investment returns.

“Fees are important to members. They want to know their super is managed well, for a reasonable cost,” said National Sales Manager, Chris Pole.

“When you open an account with Prime Super, or have a low balance, we want to help you grow it as quickly as possible. No fees for balances under $6,000 is part of that commitment.

We also know that some members had to dip into super because of COVID. No fees for balances under $6,000 will also help some of them rebuild their savings.

Investment returns are also key to growing your super, and Prime Super has been performing strongly over the last year,” said Chris.

“This means that, for members with balances under $6,000, no administration or investment fees are charged to their accounts, but they still get the benefit of strong investment returns, building their super for the future.”

In the past year to 31 December 2020, a year of change and market volatility, our MySuper investment option returned 5.2%, placing ninth in the top ten by ratings agency Chant West.*

*Past performance is not a reliable indicator of future performance.

This article is current at the date of publication and is subject to change. It contains general information and does not take account of your specific objectives, financial situation or needs or personal circumstances. You should seek professional financial advice, consider your own circumstances and read our Product Disclosure Statement (PDS) before making a decision about Prime Super. For a PDS call 1800 675 839 or visit primesuper.com.au/pds.

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