214
In forceFees and costs must be ongoing amounts
Schedule 10Disclosure of fees and other costs
Part 2Fees and Costs Template, example of annual fees and costs and Consumer Advisory Warning for Product Disclosure Statements
Division 6How to fill in the example of annual fees and costs
214 Fees and costs must be ongoing amounts
The fees and costs stated in the example must be typical ongoing fees that apply to the MySuper product or investment option.
Note:
The example should not be based on “honeymoon rates”. It must be consistent with the statement for an existing member or product holder having the stated balance and level of contributions each year.
This Act’s bill:Explanatory statement
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.