Corporations Regulations 2001

Section 4 of the Product Disclosure Statement must include statements to the following effect:

all investments carry risk;

different strategies may carry different levels of risk, depending on the assets that make up the strategy;

assets with the highest long‑term returns may also carry the highest level of short‑term risk.

Section 4 must describe, in the form of a summary, the significant risks of the particular superannuation product.

Section 4 must describe the significant risks of superannuation (to the extent only that the description required by subitem (2) has not already described the risk) by including statements to the following effect:

the value of investments will vary;

the level of returns will vary, and future returns may differ from past returns;

returns are not guaranteed, and persons may lose some of their money;

superannuation laws may change in the future;

the amount of a person’s future superannuation savings (including contributions and returns) may not be enough to provide adequately for the person’s retirement;

the level of risk for each person will vary depending on a range of factors, including:

age; and

investment time frames; and

where other parts of the person’s wealth are invested; and

the person’s risk tolerance.

The superannuation trustee may provide additional information about significant risks of superannuation by applying, adopting or incorporating a matter in writing.