Prime Super to change fees

Prime Super has announced changes to its administration fees and costs, which will take effect from 1 July 2025.

- 

For accumulation accounts, the fixed administration fee will decrease from $1.53 per week (subject to a 15% tax rebate) to $1.50 per week, with the tax rebate removed. The asset-based administration fee will fall from 0.588% per annum (0.500% net after tax rebate) to 0.33% per annum, but the annual fee cap will increase from $5