Superannuation Legislation Amendment (MySuper Measures) Regulation 2013 (155 of 2013)
Schedule 1 Amendments relating to MySuper
Corporations Regulations 2001
15 Clause 101 of Schedule 10
Insert:
indirect cost of a MySuper product or an investment option offered by a superannuation entity means any amount that:
(a) a trustee of the entity knows, or reasonably ought to know, will directly or indirectly reduce the return on the investment of a member of the entity in the MySuper product or investment option; and
(b) is not charged to the member as a fee.
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