Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10_201
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10 cl 201
Character Range: 2175768–2177693

201  Template for superannuation products

Fees and other costs
This document shows fees and other costs that you may be charged. These fees and other costs may be deducted from your money, from the returns on your investment or from the assets of the superannuation entity as a whole.

Other fees, such as activity fees, advice fees for personal advice and insurance fees, may also be charged, but these will depend on the nature of the activity, advice or insurance chosen by you. Entry fees and exit fees cannot be charged.

Taxes, insurance fees and other costs relating to insurance are set out in another part of this document.

You should read all the information about fees and other costs because it is important to understand their impact on your investment.

[If relevant] The fees and other costs for each MySuper product offered by the superannuation entity, and each investment option offered by the entity, are set out on page [insert page number].

[Name of superannuation product]
Type of fee                                                                             Amount  How and when paid
Investment fee¹
Administration fee¹
Buy‑sell spread
Switching fee
Advice fees
relating to all members investing in a particular MySuper product or investment option
Other fees and costs²
Indirect cost ratio¹

1. If your account balance for a product offered by the superannuation entity is less than $6,000 at the end of the entity's income year, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of the account balance. Any amount charged in excess of that cap must be refunded.
2. [If there are other fees and costs, such as activity fees, advice fees for personal advice or insurance fees, include a cross‑reference to the "Additional Explanation of Fees and Costs".]

Division 2—The fees and costs template for collective investment products