Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.1.28AA

Provision of financial product advice about default funds

    For paragraph   766A(1)(f) of the Act, the provision of financial product advice to an employer about the choice of a fund to which to contribute for the benefit of those employees for whom there is no chosen fund (within the meaning of the Superannuation Guarantee (Administration) Act 1992 ) is prescribed.

Note:   The financial product advice provided to the employer is a financial service provided to a person as a retail client: see paragraph   761G(6)(b) of the Act.



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