The Exit Fee was banned in 2019, it applied when changing superannuation providers. It was a very lucrative fee generating $52 million before it’s demise. It was a nasty fee designed to keep you from changing funds.
The Exit Fee was banned in 2019, it applied when changing superannuation providers. It was a very lucrative fee generating $52 million before it’s demise. It was a nasty fee designed to keep you from changing funds.