21 November 2024

Brighter together: Further fee reductions for members from 1 January 2025

Key changes include:

• Lower administration fee
• Reduced fee cap
• New weekly account keeping fee
• Revised investment fees and costs
• Partner linking
• Reduced insurance administration fee
• Streamlined death benefit claims process.

Examples of SEN communications:

• Brighter Super account holders
• Former Optimiser account holders
• SESP account holders

Frequently Asked Questions

• Read the Adviser Q&As

19 April 2024

Brighter together: Delivering streamlined investment options and low fees to members

Key changes include:

• Reducing 30+ investment options across two investment menus to 12 options in one menu
• Delivering admin fee reductions for some members of up to almost 70%
• Listing administration fees and applicable tax rebates separately in members’ accounts for greater transparency.

Examples of SEN communications:

• Brighter Super account holders
• Brighter Super Optimiser account holders
• SESP account holders
• Members invested in Socially Responsible options

Examples of supporting documents sent to members, containing ‘Important information’:

• Brighter Super account holders
• Brighter Super Optimiser account holders
• SESP account holders
• Members invested in Socially Responsible options

Frequently Asked Questions

• Read the Adviser Q&As