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Superannuation fees cover the costs of managing and investing your super. This could include administration, investments and insurance. 

The fees and costs you pay can have a substantial impact on your long-term returns. For example, total annual fees and costs of 2% of your account balance rather than 1% could reduce your final return by up to 20% over a 30-year period (ie, reduce it from $100,000 to $80,000).
 

How much are Aware Super’s fees?

Here is an example of the ongoing annual fees and costs for the MySuper Lifecycle Grow — Age 55 and under stage over a 1-year period, which invests in the High Growth diversified option. 

If you are a Future Saver member, MySuper Lifecycle is where your super is invested if you don’t make a choice. It automatically tailors your investment mix to your age over time to help you retire with more. It’s where more than 80% of our members invest their money.

How your fees and costs may look with our High Growth option

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Fees and cost type
$50,000
balance
$150,000
balance
$250,000
balance

Admin fees and costs

$52 + 0.15% p.a. of your balance, up to a max of $62.50/month ($750/year)

 $52 + $75 $52 + $225 $52 + $375

Investment fees and costs

0.59% p.a of your balance

 $295 $885 $1,475

Transaction costs

0.07% p.a. of your balance

 $35 $105 $175
Cost of product $457 $1,267 $2,077

The example above is illustrative only. More information on fees and costs can be found on our website in the Investment and Fees Handbook (for Future Saver members) or the Retirement Income PDS (for Retirement Transition and Retirement Income members).

Join Aware Super More reasons to choose us

Competitive fees to help grow your super sooner

Aware Super has competitive fees[F1] which can make a real difference to your super balance over time. In fact, our superannuation account admin fee is just $1 per week + 0.15% p.a. of your account balance (Admin fees are only one part of the total fee).

Unlike some retail funds, Aware Super does not have shareholders to pay which means we return any profits to members as better services, and helps us keep fees low.

Small differences in both investment performance and fees and costs can have a big impact on your long-term returns.

Chant West Super Fund Fee Survey June 2025, High Growth [81-95% in growth assets] investment option index and $50,000 account balance. Aware Super’s High Growth option as published in the Aware Super Future Saver PDS. *Overall average is the average fee of funds measured in the quoted fee survey.

Why choose Aware Super

Top 10 performer

Our Future Saver High Growth option is ranked in the top 10 for similar investments across super funds over 10 years. This is where your money is invested during the Grow phase of our MySuper Lifecycle[P1] product.

Competitive fees

Our fees are very competitive[F1] and this can make a big difference to your super balance over time.

Super in your pocket

Member Online gives you online account access via the web or the Aware Super app. You can check your super balance and manage your account whether you’re sitting at home or out and about. 

Join Aware Super More reasons to choose us

Compare Aware Super fees on different super balances 

One way to compare superannuation products and investment options is to look at the cost of product. The cost of product gives a summary calculation about how ongoing annual fees and costs can affect your superannuation investment over a 1-year period. The cost of product amount assumes a constant balance throughout the year. In the table below, you'll find the cost of product for a $50,000, $150,000 and $250,000 super balance.

Note, the Cost of Product amount includes Administration fees and costs, Investment fees and costs and Transaction costs.

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Our default investment, this is a high growth approach that automatically adjusts your investment mix based on your age, helping maximise returns when you're young and reducing risk as you approach retirement.

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MySuper Lifecycle age $50,000
balance		 $150,000
balance		 $250,000
balance
55 and under $457 $1,267 $2,077
56 $452 $1,252 $2,052
57 $442 $1,222 $2,002
58 $437 $1,207 $1,977
59 $432 $1,192 $1,952
60 $422 $1,162 $1,902
61 $417 $1,147 $1,877
62 $412 $1,132 $1,852
63 $407 $1,117 $1,827
64 $402 $1,102 $1,802
65 and over $397 $1,087 $1,777

Your everyday super account where before and after-tax contributions are made by your employer, or you through voluntary contributions to your chosen product. This is a great option to build your savings for the future. 

 

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Investment option $50,000
balance 
 $150,000
balance		 $250,000
balance
High Growth $457 $1,267 $2,077 
Balanced $422 $1,162   $1,902 
Conservative Balanced  $397 $1,087  $1,777 
Conservative  $337 $907   $1,477 
Defensive $262 $682   $1,102 
High Growth Socially Conscious $332 $892   $1,452 
Balanced Socially Conscious $322 $862   $1,402 
High Growth Indexed $157 $367   $577 
Balanced Indexed $157 $367   $577 
Australian Shares $157 $367   $577 
International Shares $157 $367   $577 
Property $252 $652   $1,052 
Bonds $167 $397   $627 
Cash $147 $337   $527 
Term Deposit $127 $277   $427 

Available to members age 60-64 who are still working, this account helps you transition into retirement by supplementing portions of your income with your super, so you can cut back on work hours but still earn your current wage.

 

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Investment option $50,000 
balance		 $150,000
balance		 $250,000
balance
High Growth $467 $1,297  $2,127 
Balanced $432 $1,192  $1,952 
Conservative Balanced  $407 $1,117  $1,827 
Conservative  $347
 $937  $1,527 
Defensive $272 $712  $1,152
High Growth Socially Conscious $342 $922  $1,502 
Balanced Socially Conscious $332 $892 $1,452 
High Growth Indexed $167 $397  $627 
Balanced Indexed $167 $397  $627 
Australian Shares $167 $397  $627 
International Shares $167 $397  $627 
Property $262 $682  $1,102 
Bonds $117 $427  $677 
Cash $157 $367  $577 
Term Deposit $137 $307  $477 

Your income once you retire. This gives you complete control over how much and how often you pay yourself from your super. If you're over 60, all payments and investment earnings are tax-free. 

 

Scroll table horizontally on mobile

Investment option $50,000 
balance		 $150,000
balance		 $250,000
balance
High Growth $432 $1,192  $1,952 
Balanced $412 $1,132  $1,852 
Conservative Balanced  $407 $1,117  $1,827 
Conservative  $347 $937  $1,527 
Defensive $272 $712  $1,152 
Conservative Balanced Socially Conscious $312 $832  $1,352 
Conservative Socially Conscious $272 $712  $1,152 
Conservative Balanced Indexed $167 $397  $627 
Conservative Indexed $162 $382  $602 
Australian Shares $167 $397  $627 
International Shares $167 $397  $627 
Property $262 $682  $1,102 
Bonds $177 $427  $677 
Cash $157 $367  $577 
Term Deposit $137 $307  $477 

The above tables show the Cost of Product for each investment option. The Cost of Product figures include administration fees and costs, investment fees and costs and transaction costs. Investment fees and costs and transaction costs are indicative only and based on historical fee and cost data as at 30 June 2024. 

Performance fees, where applicable, are part of investment fees and costs and reflect a five-year average, or the average for the period since the option commenced, if that period is less than five years.

Past costs are not a reliable indicator of future costs. The actual amount you’ll pay in future years will depend on the administration fees and costs at the time, and for investment fees and costs and transaction costs, the fees and costs incurred by the trustee in managing the investment option(s). 

For more information on fees and costs, refer to the Investment and Fees Handbook (for Future Saver accounts) or the Retirement Income PDS (for Retirement Transition and Retirement Income accounts).

Join Aware Super Why choose us

Outstanding Value Super

Aware Super is an award-winning[A1] superannuation fund. We regularly receive awards and ratings from industry leading rating agencies. Many of our awards acknowledge the expertise of our investment team who manage your super with the goal delivering strong, long term returns.[P1]

We’ve received recognition from Canstar+ for ‘Outstanding Value Superannuation’ four years’ running. The Award is given to the providers whose products are the strongest overall performers in Canstar’s Star Ratings over the award period.

Frequently asked questions

Future Saver super account - If you have a super account (also known as an accumulation account) you pay:

  • an account-keeping fee of $52 per year, plus

  • an administration fee of 0.15% of your account balance each year, up to a maximum of $62.50 per month ($750 per year).


Retirement Income and Retirement Transition accounts - If you have a Retirement Income or Retirement Transition account, you pay:

  • an account-keeping fee of $52 per year, plus

  • an administration fee of 0.17% of your account balance each year, up to a maximum of $108 per month ($1,300 per year).

Aware Super charges an administration fee to cover the costs of administering and operating the fund. This may include investment in strategic projects for the benefit of members.

Investment fees and costs are the costs paid for managing the fund’s investments for each option. They include an investment base fee and, where applicable,  performance fees. 

We pay these fees and costs from the fund or they are deducted from underlying investment vehicles before we calculate an investment option’s unit price; they’re not deducted directly from your account.

Join Aware Super today, it only takes a few minutes

The right choice today could mean a big difference to your future.

Join Aware Super

+Canstar Outstanding Value Award - Superannuation - awarded in four consecutive years to Aware Superannuation Fund in March 2022 through March 2025. For more information on Canstar awards and ratings visit http://canstar.com.au/star-ratings-awards/superannuation.

[A1] Awards and ratings are only one factor to be considered when choosing a super fund.

[F1] Chant West Super Fund Fee Survey June 2025, High Growth [81-95% in growth assets] investment option index and $50,000 account balance. Fees and costs can vary from year to year. Past fees and costs are not a reliable indicator of future fees and costs. Fees and comparisons may differ for other investment options and account balances. Aware Super’s High Growth option as published in the Aware Super Future Saver PDS.

[P1] Aware Super's High Growth option return over 10 years to 30 June 2025. SuperRatings Fund Crediting Rate Survey, June 2025. Based on the SR50 Growth (77-90) Index. Returns are after tax and investment management expenses but before the deduction of administration fees. Past performance is not an indicator of future performance.