WebJun 1, 2024 · First State members now hold a promissory note in place of StatePlus, which is hoped to pay out its value of close to $725 million over the next two decades through … WebJul 21, 2024 · UniSuper fees are: Admin fee: $96 per year (or 2% account balance if that would be a lower cost) Investment / other fees: 0.54% per year of account balance So, example: $5k in super = $96 + $27 or $123 a year So, example: $50k in super = $96 + $270 or $366 a year So, example: $500k in super = $96 + $2,700 or $2,796 a year Just …
First State takes a bath on StatePlus purchase
WebAug 14, 2024 · In looking at the rather convoluted funding structure, Mr Hodge said the highest cost incurred was calculating the super fund's unit price, which works out at around $2.7 million a year. Mr Hodge: "It would seem on its face like Suncorp Life is recovering the cost of calculating the unit price out of the units. WebFocused on the future of more Australians With more than $106 billion in funds under management, we’re one of Australia’s largest super funds. We also manage 70% of assets in-house. Now you can join more than 500,000 members who trust us with their retirement savings. Low fees, better value See the difference fees can make to your long-term … scriptures on knowing who you are in christ
Unisuper vs First State Super - Superannuation - Whirlpool.net.au
WebMay 19, 2024 · First State Super lost close to $400 million on its blockbuster $1.1 billion takeover of financial adviser StatePlus, before stripping its assets and saddling members with a $725 million... WebThe fees charged by Colonial First State on its superannuation products will vary depending on which product you use and the investment option you choose. By way of … It was initially established in 1992 as First State Super to provide superannuation benefits to New South Wales government employees. First State Super became a public offer fund on 1 May 2006, opening up membership to anyone eligible to receive superannuation benefits. This was in response to feedback from existing members who were keen to remain with the fund when they changed jobs and moved from the public to the private sector. The change meant First State Su… pbs william hearst