Fees and Charges
It is important to understand the impact of fees and costs on your investment and your particular investment option.
At MAP, we are focused on keeping fees and charges to a minimum whilst providing quality products and services to our members. We do not pay commissions to financial planners who recommend our products and all our fees are disclosed to you in the relevant product disclosure statements.
If you and your spouse or parter have MAP accounts with combined totals in excess of $250,000, you can apply for a Group Fee Account. MAP will add the balances of all MAP Superannuation, Pension and Pooled Superannuation Trust (PST) accounts for you and your spouse or partner, to potentially access a lower fee rate. Download a Group Fees Application Form.
For information on fees and charges that apply to each MAP product, download the relevant Product Disclosure Statement (PDS) in the Forms section of this website.
The Association of Superannuation Funds Australia (ASFA) has developed a fee calculator to assist you in comparing the impact of fees on your investment.
WARNING TO FIND OUT MORE
Did you Know?
Small differences in both investment performance and fees and costs can have a substantial impact on your long-term returns. For example, total annual fees and costs of 2% of your fund balance rather than 1% could reduce your final return by up to 20% over a 30-year period (for example, reduce it from $100,000 to $80,000). You should consider whether features such as superior investment performance or the provision of better member services justify higher fees and costs. You may be able to negotiate to pay lower contribution fees and management costs where applicable. Ask the fund or your financial adviser.
If you would like to find out more, or see the impact of fees based on your own circumstances, the Australian Securities and Investments Commission (ASIC) website has a superannuation calculator to help you check out different fee options.