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Information Sheet 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 Superannuation
Guidance Note Repealed Guidance Notes Archived

The FSC maintains references to repealed Guidance Notes for historical and archival purposes.

Many repealed Guidance Notes have been replaced by FSC Standards, updated Guidance Notes, legislative reforms or regulatory guidance.

Archived Guidance Notes include:

  • GN2: Corporate Governance Blue Book 

  • GN3: Financial Reporting 

  • GN4: Incorrect Pricing of Scheme Units 

  • GN6: Mortgage Trusts Disclosure 

  • GN7: Personal Trading 

  • GN8: Related Party Transactions 

  • GN9: Reporting to Superannuation Schemes by Service Providers 

  • GN12: Executive Equity Plan 

  • GN13: Employee Share Ownership Plan 

  • GN14: Claims Guidelines 

  • GN15: Underwriting Guidelines 

  • GN16: Socially Responsible Investment Disclosure 

  • GN17: EC Fund Nomination Form 

  • GN18: Management Expense Ratio 

  • GN19: Ongoing Fee Measure 

  • GN20: ASIC Fee Template 

  • GN21: Calculators - Best Practice Guidelines 

  • GN22: IT Fraud & Security Guidelines 

  • GN23: FSC Major Disaster Plan 

  • GN27: Income Stream Reporting Schedules 

  • GN28: Varied Redemption Arrangements 

  • GN30: ESG Reporting Guide for Australian Companies 

  • GN32: HIV/AIDS Underwriting Guidelines

  • GN36: Life Insurance Industry Data Collection Policy 

  • GN42: Claims Handling Standards for Superannuation Funds 

  • GN44: Climate Risk Disclosure in Investment Management

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