The management fee for both products for accounts of up to $500,000 will move from a maximum of 1.36 per cent to 1.44 per cent, while the management fee over the next $500,000 will go up from 1.06 per cent to 1.14 per cent.
The asset management fee will still include adviser commissions, despite the proposed ban on commissions under the Future of Financial Advice reforms.
