ASIC increases levy costsBY ELIZA BAVIN | THURSDAY, 16 JAN 2020 12:00PMThe Australian Securities and Investment Commission has hiked the levies owed by superannuation trustees, up over 22% from what the regulator estimated in March 2019. Related News |
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Why should any government-operated entity have the right and temerity to charge any fees of these institutions when its only function towards these is to add multitudinous layers of complexity and then to police it!? In my view, if the government wants these industrial police in place it's their responsibility to fund it out of consolidated revenue not from the players in the industry.