Superannuation Legislation Amendment (MySuper Measures) Regulation 2013 (155 of 2013)
Schedule 1 Amendments relating to MySuper
Corporations Regulations 2001
10 Clause 101 of Schedule 10
Insert:
advice fee :
(a) for a superannuation product - has the meaning given by subsection 29V(8) of the SIS Act; and
(b) for a managed investment product - means an amount that is:
(i) paid or payable to a financial adviser for financial product advice to a retail client or product holder about an investment; and
(ii) not included in a contribution fee, withdrawal fee, exit fee, establishment fee or management cost.