We're lowering our fees

In March 2022, we introduced a new Trustee Fee following changes to super law. This fee is paid to the Trustee and held in a reserve for use in the event that the Trustee or its Directors incur penalties for breaches or similar events.

The Trustee Fee currently forms part of your administration fees and costs (0.0155% p.a. of your account balance).

We’re pleased to advise that we’re going to remove the Trustee Fee from 1 September 2024, as the reserve will soon reach its target balance. For a Hostplus Self-Managed Invest investor with $50,000 invested in the Balanced option, this means a saving of $7.75 p.a. That means more money in your account, where it belongs.