As an industry fund, REI Super is run only to benefit our members, which means we can keep fees low as we do not pay dividends to shareholders.
The impact of fees with your pension account
Small differences in both investment performance and fees and costs can have a substantial impact on your long term returns.
For example, total annual fees and costs of 2% of your fund balance rather than 1% could reduce your final return by up to 20% over a 30-year period, reducing it from $100,000 to $80,000. You should consider whether features such as superior investment performance or the provision of better member services justify higher fees and costs.
To see how fees can impact your super balance, visit ASIC’s Moneysmart website calculator and check out the different fee options.
See full details of REI Super Pension fees and costs
Superannuation fees and costs