CORPORATIONS REGULATIONS 2001 - REG 7.1.28AA Provision of financial product advice about default funds
CORPORATIONS REGULATIONS 2001 - REG 7.1.28AA
Provision of financial product advice about default fundsFor 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.