Energy Super announces fee drop Energy Super members with an accumulation superannuation account will receive a fee decrease from 1 October 2019. The announcement follows considerable changes made to the fund’s internal operations by introducing advanced technology, transitioning to a new administrator and investing in product development. The asset-based administration fee will be reduced by four basis points — from 0.22 per cent to 0.18 per cent. The overall indirect costs for each investment option will reduce anywhere between 0.04 per cent and 0.12 per cent depending on the investment option chosen. Energy Super members who have an average account balance of...