Fees and costs

As a member-based organisation, NSF Super is not driven to maximise profits for shareholders – but to return benefits to our members.

Fees and costs for NSF Super are set out below (effective 1 November 2015):

Type of fee Amount How and when paid
Investment fee Nil N/A
Administration fee $130 p.a.
($2.50 per week)
Calculated daily and deducted from your account on the last Friday of the month or upon exit.
Buy-sell spread Nil N/A
Switching fee First request each financial year – free
Second and subsequent requests each financial year – $35
Deducted from your account balance when your request to switch is processed.
Exit fee $70 Deducted from your account balance when you exit NSF Super.
Advice fees
Relating to all members investing in a particular investment option
Per activity Advice fees are charged as a service fee and deducted from your account with your agreement.
Other fees and costs¹ Per activity If applicable, other fees and costs for specific services are deducted from your account as they are incurred.
Indirect cost ratio² NSF MySuper/Diversified –
0.95% p.a.
NSF Cash – 0.65% p.a.
NSF Prudent – 0.87%p.a.
NSF SRI/Ethical – 1.26% p.a.
NSF High Growth – 0.96% p.a.
An estimate of costs that are not deducted directly from your account, that will reduce your investment return.
¹You should be aware that there are other fees and costs for specific services – refer to the “Additional Explanation of Fees and Costs” section of the Member Guide.
²Calculated based on various estimates as well as information contained in the 30 June 2015 financial statements. Actual costs may vary from year to year.

This table gives an example of how the fees and costs for the NSF MySuper option can affect your superannuation investment over a one year period. You should use this table to compare this product with other superannuation products.

EXAMPLE – the NSF MySuper option BALANCE OF $50,000
Investment fees Nil For every $50,000 you have in the NSF MySuper option, you will be charged $0 each year
PLUS Administration fees $130 p.a.
($2.50 per week)
AND, you will be charged $130 in administration fees regardless of your balance.
PLUS Indirect costs for the MySuper product 0.95% AND, indirect costs of $475 each year will be deducted from your investment
EQUALS Cost of NSF MySuper option If your balance was $50,000, then for that year you will be charged fees of $605 for the NSF MySuper option.
Note: *Additional fees may apply. And, if you leave NSF Super, you may also be charged an exit fee of $70.
  • Keep in mind that the level of fees and costs can change. Where there is an increase in fees, NSF Super will give at least 30 days prior written notice, as required by law.
  • Fees are generally adjusted each year to reflect inflation.
  • Family law fees apply – see table below.
Family Law fees Amount How and when paid
Information Request
The fee charged when an eligible person requests information under the Family Law Act
$52 Payable by the information requestor by cheque/money order at the time of the request.
Account Splitting Fee
The fee charged to effect a Family Law splitting order/agreement
$103 Deducted from your account balance at the time of request.
Payment Flagging Agreement
The fee charged when parties wish to enter a payment flagging agreement to defer the splitting of a superannuation interest
Nil N/A


Advice fees

NSF Super does not pay commissions to planners. However if you choose to have a financial plan prepared in relation to your NSF Super account, a fee may be paid from your account. Refer to the financial planner’s Statement of Advice for details of these fees.