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Regulatory

FAAA warns adviser levies could exceed $5k as ASIC costs climb

Financial advisers could face more than $5000 in combined regulatory levies this financial year, with the Financial Advice Association Australia (FAAA) warning rising ASIC and Compensation Scheme of Last Resort (CSLR) cost are placing unsustainable pressure on small advice businesses.

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Read more: ASICFAAAFinancial Advice Association AustraliaCompensation Scheme of Last ResortConsolidated Revenue for