Member protection rules
Member protection rules exist to protect certain superannuation account balances from being reduced by administration fees and charges.
Small balance accounts
There is currently a limit to the administration fees which can be charged against certain superannuation balances under $1,000.
The trustee has elected to pay all accounts with a balance under $10,000 to an ERF, which accepts and protects small amounts. The ERF chosen is called the Super Safeguard Eligible Rollover Fund.
Part A of the Avenue Retirement Service PDS