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NOTICE TO INVESTORS - IMPORTANT INFORMATION

Changes to Adviser Service Fees 

Ending of Ongoing Adviser Service Fees

From 1 July 2021, we will no longer facilitate the payment of an ongoing adviser service fee for a period of longer than 12 months.

If your investment is made through a licensed financial adviser then the following fee arrangements may apply for any new agreements entered into after 1 July 2021: 

  • Upon your instruction, adviser fees of up to $8,000 p.a. (including GST) can be deducted from your account. This can be charged as a one-off deduction or can be spread out over a 12 month period with quarterly payments. After the 12 month period, the fee will cease automatically and a new form will be required for any new fee arrangements to be established, as negotiated with your adviser. 
  • A new form is required for any changes or new fee arrangements as negotiated with your adviser. 
  • Fees paid to your adviser are in addition to our management fees and costs. Adviser service fees are deducted from your account at the end of a quarter. If there are insufficient funds in your account on the deduction date, the adviser service fee will not be deducted. 
  • A transition period has been established where existing ongoing adviser service fees can remain in place up until 30 June 2022, when they will be cancelled if a new arrangement is not in place.

Our Adviser third party information and fee authority form has been updated to reflect these changes, and is available here.

Australian Ethical acknowledges the Traditional Owners of the country on which we work, the Gadigal people of the Eora Nation, and recognise and celebrate their continuing connection to land, waters and culture. We pay our respects to Elders past, present and emerging and thank them for protecting Country since time immemorial.