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The FSC provides a range of information sheets to support members in understanding regulatory obligations, compliance processes and FSC governance frameworks.
infosheet
Information sheet: Trustee obligations relating to deduction of advice fees
This information sheet assists trustees in understanding their duties and obligations when deducting advice fees from a superannuation fund.
The document considers relevant provisions of the Superannuation Industry (Supervision) Act 1993 (SIS Act), including section 99FA, while recognising that different compliance approaches may be appropriate depending on the circumstances.
This information sheet was developed by FSC members in collaboration with Herbert Smith Freehills Kramer.
FSC members can access the document via the member portal once logged in. Please contact the membership@fsc.org.au if you have any questions. Members only Log in for member documents
The document considers relevant provisions of the Superannuation Industry (Supervision) Act 1993 (SIS Act), including section 99FA, while recognising that different compliance approaches may be appropriate depending on the circumstances.
This information sheet was developed by FSC members in collaboration with Herbert Smith Freehills Kramer.
FSC members can access the document via the member portal once logged in. Please contact the membership@fsc.org.au if you have any questions. Members only Log in for member documents