Richmond’s gold sponsor, HOSTPLUS, is extending an existing freeze on fees for a further two years, for the funds one million of its members.

This means that by the end of 2014, member fees at HOSTPLUS will not have changed for an unprecedented 10 years.

The fund, which focuses on workers in the hospitality, tourism, recreation and sport industries, charges a $1.50 member fee per week to its one million members.

HOSTPLUS has also announced a reduction to the member fee for its Executive product, dropping from $2 per week to $1.50 per week from 1 January 2013.

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