Details of Westscheme's fees and charges for superannuation can be found below.
For details of the fees & charges for the Westscheme pension please see the pension PDS.
OUR FEES & CHARGES
Our fees and charges only seek to recover the cost of looking after our members’ superannuation.
Our management costs include an administration fee of $1.50 per week, which reduces to $1.40 after 5 years membership and to $1.30 after 10 years.
There are also investment management fees which are not deducted from your account directly, and they vary depending on your investment choice.
Westscheme has no joining or withdrawal fees and there are no additional costs to roll your other super accounts into Westscheme.
Other fees for ancillary services may apply. The Fees and Charges section of the Member Handbook/Product Disclosure Statement explains our fees and charges in more detail.
Please note that the investment management fees for 2008/09 have been settled. They are the best current indicator of on-going investment management fees. More details can be found on page 5 of the Annual Report to Members 2008/09
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