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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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson 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.