All adviser commissions & trails set to 0% so you only pay a flat fee as your super grows.
Charged to your super account for no out-of-pocket expense.
$385.00 per year
No Commission Report Service
An updated report for you each year.
How does it work?
You may or may not be aware that most retail superannuation funds factor in an adviser fee, regardless of whether you have an adviser or not. These charges can be up to 5% in contribution fees and up to 1% per annum in trailing commissions.
An easy explanation is to compare the service to CTP Insurance that comes when you purchase a vehicle. The CTP is already allocated to an insurer and attached to your registration. Unless you choose to change it, this will remain the same.
Rather than having your super fund charge adviser fees you simply appoint AllMyFunds as the 'adviser' (so to speak) and we replace these percentage-based fees with a single, fixed annual fee of $385.00. What's even better is this subscription fee is paid by your super fund. Because you are keeping 100% of those percentage-based fees, you are earning more income for you on retirement (see Alicia and Jennifer below for the effect of investment risk profile, additional contributions and adviser fees on super balances).
