ASIC funding levy to charge advisers $46.2mBY KARREN VERGARA | FRIDAY, 4 JUL 2025 12:16PMThe financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. Related News |
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
You wonder why advisers are leaving the industry, mainly the rising costs to their businesses. Maybe ASIC should go after the ex advisers that did wrong in the first place and garnish their assets to redeem the costs and stop charging the ethical advisers that are left.