INFO 256
FAQs: Ongoing fee arrangements
This is Information Sheet 256 (INFO 256). It answers frequently asked questions (FAQs) about the obligations that apply to fee recipients who provide personal advice to retail clients under an ongoing fee arrangement.
In plain English
INFO 256 explains rules for financial advisers who charge ongoing fees to clients for advice.
INFO 256 addresses frequently asked questions about ongoing fee arrangements. It applies to businesses providing personal advice to retail clients and receiving fees. The guidance clarifies obligations for fee recipients. It does not state a commencement or revision date.
Why it matters
Financial advisers need to understand these rules to ensure they are compliant when charging ongoing fees. This helps protect consumers and maintain trust in the financial advice industry.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/financial-services/giving-financial-product-advice/fees/faqs-ongoing-fee-arrangements/. Rules Mate indexes + summarises; always verify against the regulator's live publication.