More details on the fees you pay

If you've received ongoing financial planning advice from your adviser from any time after 1 July 2012, then it is likely that you are already receiving statements and information from your adviser on the fees you pay.

If you continue receiving ongoing financial advice and paying ongoing adviser fees, then from 1 July 2013 you'll receive more information on the fees you pay on a fee disclosure statement.

A fee disclosure statement must be issued by your adviser at least once annually and will provide you with:

  • Clarity on fees which you have paid to your adviser

  • The services you were entitled to receive and the actual services you received from your adviser

Fee disclosure statements are produced and issued by your adviser. If you have any questions about your fee disclosure statement or the fees you are being charged, please speak with your adviser.