REP 23 A model for fee disclosure in product disclosure statements for investment products
Released August 2003, updated June 2004.
The aim of this report is to:
- provide issuers of investment products with a good practice model for disclosing fees in a discrete fees section of a Product Disclosure Statement (PDS);
- explain how the good practice model was developed (in consultation with key stakeholders);
- outline potential areas for further improvement in disclosing fees and charges in a PDS.