In response to the latest RG97 legislation, Resolution Life is changing fees and costs disclosure on its statements for Australian account-based super and investment products from 1 July 2021. Statements for Conventional or Risk-only products are not in scope of RG97.
Customers will notice:
- Changes to the Fees and Costs disclosure
- Transaction Summary changes
- Fees and Costs Summary and footnotes
Please note as a result of RG97 changes there are no increases or decreases to fees and costs, just changes to how these are disclosed.
What you need to know
Any advice on this website is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), and is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the relevant product disclosure statement and/or policy document, available from Resolution Life at resolutionlife.com.au or by calling 133 731, before making a decision on whether to acquire, or continue to hold, the product.
The Target Market Determinations (TMDs) for our financial products (where applicable) can be found at Target Market Determinations (TMDs). The TMDs describe the key features and attributes of an applicable product that affect whether it is likely to be consistent with the objectives, financial situation and needs of consumers in the target market.
Resolution Life is part of the Resolution Life Group and can be contacted via contact us or by calling the phone number mentioned above.
