From sophiegrace.com.au: Changes effective from 10 January 2025 permit superannuation trustees to charge advisory fees, provided they obtain written consent from members and the fees are related to personal advice about superannuation interests.

These amendments, introduced by the Delivering Better Financial Outcomes Act 2024, aim to improve financial outcomes for superannuation members, increase transparency in fee structures, and enhance compliance with regulatory obligations.

Filed under: Superannuation

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