• J Management expenses

    Show at J the amount of deductible expenses of a revenue nature incurred in the management of the fund, unless the deduction is more appropriately shown at another label. Do not include investment management expenses. These expenses should be shown at I Investment expenses.

    Management expenses are fees incurred by the superannuation entity for management services provided by a third party to the superannuation entity. Such expenses may be met by the fund through management fees deducted from member accounts that are based on a percentage of the funds under management.

    Management expenses also include consulting fees and trailing commissions paid to third parties such as financial advisers.

      Last modified: 15 Jul 2016QC 48112