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Get to know your Fee Disclosure Statement and Renewal Notice

This video explains what a Fee Disclosure Statement and Renewal Notice means for you. The Future of Financial Advice reforms recently introduced are focused on improving the quality of financial advice in Australia and protecting your best interests.

We will now provide you with an annual Fee Disclosure Statement or FDS. This letter will outline the ongoing service fees you have paid, the services that you were entitled to and the services that you have received over the 12 month statement period. Also every second year you may also receive a Renewal Notice with your statement requesting confirmation you would like to continue to receive advice from Commonwealth Financial Planning.

Your financial planner is there to support you and guide you through important decisions. For further information please feel free to contact your Commonwealth Financial Planner.