Jordan & Alex TaylorProduct replacement · Jordan
The costs of changing products
Illustrative recommendation: move the $500,000 superannuation balance from Existing Super to Proposed Super and invest in the selected portfolio.
| From | To | Once-only rollover |
|---|---|---|
| Jordan · Existing Super | Jordan · Proposed Super | $500,000 |
| Annual cost at sample balance | Existing Super | Proposed Super |
|---|---|---|
| Investment fees | $2,500 | $1,400 |
| Platform administration | $600 | $700 |
| Trustee / account fee | $100 | $100 |
| Fund transaction costs | $200 | $200 |
| Confirmed sample rebate | $0 | -$100 |
| Total annual product costs | $3,400 | $2,300 |
| Ongoing advice-service feeSame record as the advice-fees page | $0 | $3,000 |
| Combined annual cost | $3,400 | $5,300 |
+$1,900 p.a.
Higher combined annual cost in this example.
Lower product costs alone do not establish that replacing a product is in your interests. The services, features and risks also need to be considered.
| Cost | Estimated amount | Paid from |
|---|---|---|
| Exit / sell costs | $175 | External cash |
| Entry / buy costs | $325 | External cash |
| Total once-only costs | $500 | External cash |
Sample fee dataset only. Product names and fees are fictional. Fee components use a declared inclusion basis: investment fees, fund transaction costs and platform charges do not overlap in this example. A real comparison carries the research/PDS version, as-at date, GST treatment and any missing-cost warning. Advice-service details are on the fees page.