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	<title>Financial Standard Comments - Banks should pay advice exit levy: TAA</title>
	<description>The Advisers Association (TAA) is calling on the government to mandate major banks and institutions pay an exit levy upon leaving the advice industry to provide relief for financial advisers and mitigate the increasing levy.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=178702837</link>
	<lastBuildDate>Mon, 22 Mar 2021 10:29:49 +1100</lastBuildDate>
	<pubDate>Mon, 22 Mar 2021 10:29:49 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Paul Herring (PCH Financial)</title>
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<p><p>Frankly, why is it that advisers are changed a levy at all to maintain a government bureaucracy? A policing agency at that! It&#39;s incredulous to me that the various adviser associations have meekly sat by and not raised a single voice in protest about this outrage?</p>
<p>It&#39;s not unlike a couple of government reps coming into your home demanding all of your valuables and all of your money. You protest and say &#39;how do you expect to get away with this?&#39; They then say, &#39;two reasons: a) because we want what you have; and b) because we can!&#39;</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Paul Herring (PCH Financial)</dc:creator>
		<pubDate>Mon, 22 Mar 2021 10:29:49 +1100</pubDate>
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