MySuper Fees – Financial System Inquiry

Superannuation funds in Australia have been required to direct default contributions to a complying MySuper product since 1 January 2014. Despite this, there is little research to show the impact that MySuper has had on fees. This report sets out the impact MySuper has had on fees as well as additional commentary on:

• Average MySuper fees
• The split between fixed dollar and variable fees
• Fees on a $50,000 balance
• The impact of asset allocation and passive investing on fees
• The distribution of assets and members in current MySuper products.