What fees and charges does SuperTrace deduct from my benefit?
No administration fees are deducted directly from your superannuation account. And no withdrawal or benefit payment fees are deducted from your account when you take your benefit or transfer it to another superannuation fund. There are management costs, also known as asset charges, which are deducted from the assets of SuperTrace before interest is credited to your account. Tax may also be deducted where required from: Benefits paid from SuperTrace; The shortfall component of a Superannuation Guarantee charge from the Commissioner of Taxation and payments from the Superannuation Holding Accounts Special Reserve paid into SuperTrace on your behalf; and Any untaxed element transferred into SuperTrace from another complying superannuation fund. For information on the latest management costs and taxation, refer to the SuperTrace Member PDS.
