November 29, 2016 BY Valentina Kirilova

ASIC extends the transition period for superannuation trustees and responsible entities

ASIC has extended the transition period for trustees of superannuation funds and responsible entities of managed funds and other managed investment schemes (issuers) to comply with updated fee and cost disclosure requirements in relation to product disclosure statements (PDSs). The transition period will now end by 30 September 2017 for issuers that notify ASIC in…

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