Fees
Fees and other costs
Below is a general guide to the fees and costs1 for a Transition to Retirement Pension account. Other fees, such as activity fees or fees for personal advice and insurance, might be charged, depending on the type of advice or insurance you choose.
We do not charge entry and exit fees.
Administration fees and costs
| Type of fee or cost | Amount |
|---|---|
This is the fee for managing your account. | Nil – this is included in the investment fees and costs shown below. |
Investment fees and costs
Investment fees and costs and transaction costs2 will vary, depending on which investment option you choose.
Below is an overview of the fees and costs for each option.3 These are deducted from the fund assets, before the unit price is calculated on a daily basis.
| Investment option | Total investment fees and costs and transaction costs (% p.a.) |
|---|---|
Growth TTR | 0.60 |
Sustainable Balanced | 0.65 |
Balanced TTR | 0.53 |
Conservative TTR | 0.46 |
Australian Shares TTR | 0.47 |
International Shares TTR | 0.35 |
Property TTR | 0.52 |
Fixed Interest TTR | 0.31 |
Cash TTR | 0.18 |
There is no fee to change your investment option.
Buy-sell spread
| Type of fee or cost | Amount |
|---|---|
The buy-sell spread is the difference between the price you pay to buy units in a fund, and the price you receive when selling them. This type of fee covers the transaction costs of buying or selling assets. | Not applicable |
Please note: we no longer charge service fees for transactions, such as Family Law splitting and full or partial withdrawals, effective 15 December 2018.
For more information on these changes, read our article: We’ve removed our service fees.
For more information on the types of fees and costs that may apply to your account, see page 10 of the Retirement Income Pension product information booklet.
We may make changes to the fees we charge
From time to time, we might need to change our fees to make sure the structure and level of fees is appropriate, including any extra costs from government taxes or statutory charges.
We’ll always let you know about any changes through our website or your member statement. If the change is an increase in fees or charges, we’ll give you at least 30 days’ notice.
A fee applies for our Retirement Options Service
If you choose to make an appointment for our Retirement Options Service, a fee applies. You can ask us to deduct this fee directly from your account.
Find out more about our Retirement Options Service.
1 If your account balance is less than $6,000 at the end of the financial year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap must be refunded.
2 Investment fees and costs include an amount of 0.00% p.a. to 0.07% p.a. for performance fees. For a detailed breakdown of these fees, refer to the Additional explanation of fees and costs section on page 13 of the Retirement Income Pension product information booklet.
3 These figures include estimates.
Thank you for printing this page. Remember to come back to gesb.wa.gov.au for the latest information as our content is updated regularly. This information is correct as at 02 August 2026.