Meaning of asset‑based fee
A fee for providing financial product advice to a person as a retail client is an asset‑based fee to the extent that it is dependent upon the amount of funds used or to be used to acquire financial products by or on behalf of the person.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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