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Banks should pay advice exit levy: TAABY ANNABELLE DICKSON | THURSDAY, 18 MAR 2021 11:31AM
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.
Read more: TAA, Neil Macdonald, ASIC levy, Treasury
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AustralianSuper wants to triple its investment in private credit to $15 billion in next three years, as it announces a new head for the asset class.
The Association of Financial Advisers fears that ASIC's FY21 industry levy will blow out even more than its estimates.
Willis Towers Watson appointed a new lead for its investments team in Australia as the incumbent moves to client consulting.
Property developer ID_Land announced it is getting into private funds management, targeting Australia's high-net-worths.
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