Q Administration expenses

Show at Q the amount of deductible expenses of a revenue nature incurred in the administration of the fund, unless the deduction is more appropriately shown at another label.

Administration expenses are fees incurred in the administration of the superannuation entity. These fees include both internal and outsourced administration costs (unless these are incurred directly by the employer or union sponsor). They include administration fees charged by, or paid to, the employer sponsor for services rendered to the superannuation entity; and expenses incurred to administer switches of members’ investment choices (but not investment manager fees or other investment expenses that should be shown at I Investment expenses).

    Last modified: 15 Jul 2016QC 48112