How much is the annual fee?

What might your fees look like?

To help you understand how rewarding Virgin Money Super could be for you, we've developed a fee comparison tool so you can see how we fair against other funds. 

Compare our fees


Still want more? Here is an example of what the annual fee might look like over a one-year period for a Virgin Money Super account invested in the LifeStage Tracker® option with a balance of $50,000.

Example: 37 year old invested in the LifeStage Tracker® option
Admin fee $58 + (0.394% of $50,000) = $255
Plus investment fees 0.116% of $50,000 = $58
Plus indirect costs 0.09% of $50,000 = $45
Equals total annual fee $358
Fee breakdown

Fees Explained

Use the drop-down below to see more detail about our fees, alternatively, read the official SIS Act definitions for each fee type.

Activity and exit fees
What do you pay for?
How much is it? How and when is it paid?
Switching fee NIL N/A
Exit fee $100 Deducted at the time of withdrawal, prior to your money being transferred.
Insurance administration fee $18 p.a. Deducted monthly from account balance
Family law split $88 One off deducted from account balance
Family law information request $110 One off fee. Payable by cheque upon application.
Overseas transfer fee NIL N/A

For more information about fees, please read the Virgin Money Super Product Disclosure Statement and product guide

Administration fee
What do you pay for?
How much is it? How and when is it paid?
Administration fee (dollar based) $58 per member per year Deducted monthly from account balance
Administration fee (asset based) 0.394% per year Generally deducted daily when unit prices are determined. Reflected in your super account balance.

For more information about fees, please read the Virgin Money Super Product Disclosure Statement and product guide

Indirect costs3

How and when is it paid?

Generally deducted daily when unit prices are determined. Reflected in your super account balance.

What do you pay for? How much is it?
LifeStage Tracker® 0.09%
Australian shares 0.05%
International shares 0.04%
Australian listed property 0.09%
Cash 0.02%
Index diversified shares 0.07%
Enhanced index growth 0.09%
Enhanced index conservative growth 0.10%

For more information about fees, please read the Virgin Money Super Product Disclosure Statement and product guide

Investment fees

This covers the ongoing cost associated with managing your investment. It’s a percentage based fee that is applied to the money you have invested in each investment option.


How and when is it paid?

Generally calculated and deducted daily (from the underlying investment vehicles or the relevant investment options) when unit prices are determined. Reflected in your super account balance.

What do you pay for? How much is it?
LifeStage Tracker® 0.116% p.a. of your account balance in this option
Australian shares, International shares and Australian listed property 0.20% p.a. of your account balance in each of these option
Cash 0.10% p.a. of your account balance in this option
Indexed diversified shares 0.20% p.a. of your account balance in this option
Enhanced index growth 0.24% p.a. of your account balance in this option
Enhanced index conservative growth 0.24% p.a. of your account balance in this option

 

For more information about fees, please read the Virgin Money Super Product Disclosure Statement and product guide

Parental leave fee break

Baby Break

It doesn't seem fair when mums go on maternity leave or dads go on paternity leave and their superannuation contributions for retirement stop but their fees don't. Virgin Super was the first super fund in Australia to do something about it.

Discount your asset based administration fee for up to 12 months while you're on parental leave
From 0.394% To 0.044%

Ready for your delivery?

Our Baby Break isn’t means tested, so you get the full benefit* while you’re on maternity or paternity leave. You can apply for the Virgin Money Super Baby Break once per child. If you're an existing member and want to apply for the Virgin Money Super Baby Break, fill in the  Baby Break application form.

*Conditions apply. See full terms and conditions.