Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.9.23

                   For paragraph 1017D(5)(g) of the Act, and in addition to regulations 7.9.19 and 7.9.22, if the amount of the benefits of a member in a capital guaranteed fund at the end of a reporting period is at least $10 000, the periodic statement for that reporting period must include the following details:

                     (a)  a statement of that fact;

                     (b)  a statement that the information contained in the periodic statement is important and that the notice must be read carefully;

                     (c)  a statement that outlines the effect of the lower-risk/lower-return nature of the product on possible benefits in the long term;

                     (d)  a statement that the member may wish to consider:

                              (i)  other superannuation arrangements that may provide a greater return over the long term; and

                             (ii)  seeking advice on alternative investment arrangements that may be more suitable.