FSR fees and disclosure update

ASIC has issued answers to some regularly asked questions about the Corporations Amendment Regulations 2005 (No.1) (the enhanced fee disclosure regulations) that were made on 10 March 2005.

The enhanced fee disclosure regulations apply to superannuation and managed investment products

The enhanced fee disclosure regulations should not be confused with the dollar disclosure provisions for PDSs, statements of advice and periodic statements that take effect from 1 July 2005.
For more information on the dollar disclosure provisions, see ASIC Information Release [IR 04-67] of 15 December 2004 ASIC issues dollar disclosure policy.

 

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