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Member protection rules

Member protection rules are a requirement that super funds must follow and that means a super fund’s annual administration fee can’t be greater than the investment return credited to a member’s account, if the account balance is less than $1,000.

Super for beginners, part 4: My son’s super account is bleeding fees

Super for beginners, part 4: My son’s super account is bleeding fees

November 27, 2009

Q: Hi, I am inquiring on behalf of my son who is unable to work at this stage of his life. It has been three years since he worked. He doesn’t have much in the fund and it is going [...]