Virgin Super
Making your super work harder for you
Manage my super
To find out how to make contributions, check or make changes to your account, apply for benefits, select from the relevant options below and follow the steps.
- How to make contributions to your account
- How to consolidate your super accounts
- How to figure out your fees
- How to figure out your transaction costs
- How to make changes to your account
- How to apply for the Virgin Super Baby Break
- How to apply for insurance on your super
- How to make an insurance claim
How to figure out your fees payable
We charge a $1 per week Member Fee and a Management Fee where you get a discount once your account balance hits $25,000. The table below spells it out more - you'll see that for the first $25,000 of your balance the Management Fee is a low 1%. But as your balance grows the discounted rate kicks in. The longer you're with us, the more potential you have for a healthy super balance. (Consolidating super with us may also help!) If you're working out how much maintaining your super costs, remember to check out the transaction costs.
|
||||||||
|
Covers on going manageent of your investment |
$1,000- | x 1% p.a | It's calculated on the value of your month end account, and will now be deducted monthly, instead of quarterly, from your super account or when you withdraw it. |
|||||
| $25,000 | ||||||||
|
|
$25,001 | x 0.8% p.a | ||||||
| $250,000 | ||||||||
|
|
$250,001 | x 0.6% p.a | ||||||
| and over | ||||||||
Member Fee
|
||||||||
|
Covers member admin and communications |
$1 per week | It's deducted monthly from your super account | ||||||
Fees you dont pay |
||||||||
|
Fee |
Description | Amount | ||||||
|
Establishment fee |
The fee to open your investment. | Nil | ||||||
|
Contribution fee |
The fee on each amount contributed to your investment - either by you or your employer. | Nil | ||||||
|
Withdrawal fee* |
The fee on each amount you take out of your investment. | Nil | ||||||
|
Termination fee* |
The fee to close your investment. | Nil | ||||||
|
Switching fee* |
The fee for changing investment options. | Nil | ||||||
|
Additional investment fee |
The amount you pay for specific investment options. | Nil | ||||||
|
*Virgin Super does not charge a processing fee however transaction fees may apply. |
||||||||
Things you should know
Before you rollover or consolidate your superannuation, you should check to see if insurance or other benefits will be impacted or lost. Some funds may also charge withdrawal or exit fees.
You should consider our Product Disclosure Statement which can be found on our website. Please note this information does not constitute personal financial product advice, and you may wish to consult your financial adviser before making a decision about whether Virgin Superannuation fits your objectives, financial situation and needs.
