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.