Superannuation Legislation Amendment (MySuper Measures) Regulation 2013 (155 of 2013)
Schedule 1 Amendments relating to MySuper
Corporations Regulations 2001
83 Subclause 8(3) of Schedule 10D
Repeal the subclause, substitute:
(3) Section 6 must set out the fees and costs for each MySuper product or other investment option that is presented in section 5 in detail in accordance with subclause 7(3), using the following templates:
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[Name of superannuation product] |
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Type of fee |
Amount |
How and when paid |
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Investment fee |
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Administration fee |
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Buy-sell spread |
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Switching fee |
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Exit fee |
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Advice fees relating to all members investing in a particular MySuper product or investment option |
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Other fees and costs¹ |
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Indirect cost ratio |
1. [If there are other fees and costs, such as activity fees, advice fees for personal advice or insurance fees, include a cross-reference to the “Additional Explanation of Fees and Costs”.