What it costs
Tasplan is a profits-to-members fund that aims to keep the fees and charges as low as possible whilst maintaining a high quality service to members. We do not charge entry fees or pay commissions to financial planners.
A summary of the key fees and charges
| Type of Fee or Cost | Amount | How and When Paid |
| Fees when your money moves in or out of the Fund | ||
| Establishment fee1: The fee to open your investment. | Nil | X Not applicable |
| Contribution fee1: The fee on each amount contributed to your investment – either by you or your employer. | Nil | X Not applicable |
| Withdrawal fee1: The fee on each amount you take out of your investment. | $80.00 | Deducted from your account each time a withdrawal is made from your account or a benefit is paid. When member protection applies, the fee may be partly or fully rebated. (Full and Partial Withdrawals) |
| Termination fee1: The fee to close your investment. | Nil | X Not applicable |
| Management costs2 | ||
| The fees and costs for managing your investment The amount you pay for specific investment options is shown in the Investment Policy Statement. |
A member fee of 0.4% per annum of the investment, subject to a minimum of $200 and a maximum of $4,000 Plus An investment fee ranging from 0.07% pa for the Cash option to 0.69% pa for the Longer Term option. |
The flat member fee is deducted from member accounts on a monthly basis. The investment fee is deducted from investment earnings prior to the unit price for that investment option being determined. |
| Service fees3 | ||
| Investment switching fee: The fee for changing investment options |
$26.62 for the second and any subsequent investment switch in a financial year. |
Deducted from your account at the time the switch is processed. |
1 No adviser remuneration fee applies.
2 See breakdown of ongoing management fees on page 22 of the Investment Policy Statement.
3 In some cases, user pays fees for Family Law actions and Contribution Splitting may also apply. See page 22 of the Investment Policy Statement.