Future Saver fees and costs
- Administration fees and costs
- Investment fees and costs
Admin fees and costs cover the day-to-day costs of running the fund.
For a Future Saver account, you pay:
a weekly account keeping fee of $1 (or $52 per year)*
plus an administration percentage fee of 0.15% of your account balance each year (up to a maximum of $62.50 per month, or $750 per year).
Lastly, 0.03% of your account balance per year is paid from fund reserves (not your account) to cover any remaining administration fees and costs.^
*Due to rounding of the monthly fee amounts the total account-keeping fee will total $52.01 (p.a.) in some years.
^ When the fund’s administration costs exceed the total member administration fees collected, we cover the difference from our administration reserve, not from your account. This amount is based on the 2025-26 financial year and is rounded to the nearest two decimal places. Administration fees from reserves may vary (or not apply) some years.
Investment fees and costs and transaction costs vary depending on your investment option(s). These fees cover the internal and external costs of professionally managing the investments in your super account. Our size and scale help us to keep these fees competitive.
For example, the MySuper Lifecycle option charges between 0.45% and 0.52% of your balance per year, depending on your age.
Benefits of a Future Saver super account
Future Saver FAQ
As long as you share your Future Saver account info with your new employer, your account will stay with you.
Yes, you can consolidate your super into a Future Saver account. You can combine your super through Member Online.[C1]
A Future Saver account doesn’t automatically include insurance cover. However, you can apply for the following insurance options to help protect yourself and your family:
- Death cover, which is paid as a lump sum to your beneficiaries if you pass away.
- Total and permanent disablement (TPD) cover provides financial support if you are unlikely to work again due to injury or illness.
- Income Protection cover can pay you a monthly benefit if you’re unable to work because of an illness or injury.
You can apply and adjust the level or type of insurance coverage to suit your needs.
Yes, to keep your account open, you must keep a minimum balance of $6,000 in your account. There’s also no minimum amount for the super contributions you, or your employer, can make.
Where to next?
[AD2] Members can get advice about their Aware Super accounts at no extra cost, or advice on their broader needs for a fee.
[C1] Before consolidating, consider if this is right for you, including the loss of any insurance cover from your other funds, the impact on your investments, and potential tax implications and read the PDS and TMD at aware.com.au/pds. You may wish to speak with a qualified financial planner before making this decision.
[F6] Chant West Super Fund Fee Survey 30 June 2026, High Growth [81-95% in growth assets] investment option index and $25,000, $50,000 and $250,000 account balances. 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. Zenith CW Pty Ltd ABN 20 639 121 403, AFSL 226872/AFS Rep No. 1280401. Third-party data does not contain all information required to evaluate the nominated service providers. To the extent that any Information provided is advice, it is limited to General Advice only and has been prepared without considering the objectives or financial situation of any individual, including target markets where applicable. It is not a recommendation to purchase, sell or hold any product and is subject to change at any time without notice. Individuals should seek independent advice and consider the PDS or offer document before making any investment decisions. Data is provided in good faith and is believed to be accurate, however, no representation, warranty or undertaking is provided in relation to the accuracy or completeness of the data. Data is subject to copyright and may not be reproduced, modified or distributed without the consent of the copyright owner. Except for any liability which cannot be excluded, Chant West does not accept any liability whether direct or indirect, arising from use of the data. Past performance is not an indication of future performance. Refer to www.chantwest.com.au for full details on Chant West’s research methodology, processes and FSG: https://www.chantwest.com.au/financial-services-guide
[M4] Aware Super internal data as at 30 June 2026. This excludes Investment Funds clients.
[P1] Aware Super's High Growth option return over 10 years to 30 June 2026. SuperRatings Fund Crediting Rate Survey, June 2026. Based on the SR 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.