About the Scheme

What will it cost?

There are only two sets of charges. For each member there will be:

  • An administration fee of $6.00 per month. Currently no administration fee is payable by members who are making payments via their local authority employer.
  • Annual fund charges ranging from 0.42% - 0.43% pa of your account balance. This fee covers the management of the Scheme, underlying fund manager fees and in-fund costs.