In the judgement of Gray v Richards [2014] HCA 40, the High Court of Australia clarified the principles for awarding "fund management costs" (that is, administration and investment fees) to injured plaintiffs who are unable to manage their own affairs.

The calculator below estimates the legally recoverable costs of fund management in a manner consistent with this decision. Calculations are intended to be for illustrative purposes only and all fee parameters (including preset selections) are the user's responsibility to ensure they are suitable to an individual's circumstances.

Clicking the "Save and Preview" button below will provide an estimate free of charge and without any registration required. Signed actuarial reports can be requested from the preview screen and other queries (such as requests for costings for public or private managers not included in presets) can be directed to

General Assumptions


Fee basis

Preset fee basis