New regulations will change fee and cost disclosures for investors across Australia.
While investors aren’t being charged additional fees or costs; it is important to understand how disclosures will change.
The key changes are:
- Indirect costs and transactional & operational costs will be included in disclosures. These fees and costs have always existed and factored into your net-of-fee return.
- Managed fund and superannuation product disclosures are impacted in different ways.