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Sunsuper cuts pension fees
Sunsuper has cut its administration fees for all its pension products to remain competitive.
The fund dropped the Sunsuper Income Account weekly pension fees from $4 to $3, effective from 30 September 2017.
Sunsuper executive general manager for customer and technology, Teifi Whatley, said the fund was always looking to keep costs as low as possible while generating strong investment returns.
“We’re also one of the few funds in the country rewarding Australians at the end of their working lives with a retirement bonus of up to $4,800 when they open an Income Account,” she said.
“Our scale, strong net cash flows, end-to-end service model and profit for member pricing philosophy means we will continue to be one of the market’s lowest cost providers, delivering ongoing value for our customers.”
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