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March 11, 2005

Fee disclosure for super funds and managed investments

Regulations that set out a standardised template for superannuation and managed investment products to disclose fees and costs have been gazetted.

The Corporations Amendment Regulations 2005 (No. 1)
include an ASIC Fee Template, single-figure disclosure model and a consumer advisory warning box.

The new Rules commence on 1 July 2005.

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Posted 11th March 2005 by David Jacobson in Financial Services