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Money going out
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Money going out:
Like any investment, there are some fees and charges associated with super. Although, investing in a 100% Industry super fund like Intrust Super has definite advantages. For example we don’t pay commissions to recommend us and all profits after fees are returned to our members.
Money going out of your account includes items like taxes, insurance premiums (if you have any), admin fees and other costs. Investment management costs and any other ongoing Trustee expenses are deducted from your earnings before they are paid into your account.
Another way we help keep fees to a minimum is to deduct the fees and insurance premiums from your contributions before any applicable tax is paid, so you pay tax on a lesser amount.
So you can see exactly how much you have paid, all of your fees and charges are itemised on your regular statements.
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