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Financial adviser levy to dropBY JAMIE WILLIAMSON | MONDAY, 30 AUG 2021 8:44AM
The federal government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million.
Read more: ASIC, FPA, Compensation Scheme of Last Resort, Jane Hume, Josh Frydenberg, Treasury, Dante De Gori, Michael Nowak, AFA
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Find out why 44% of advisers are using managed accounts
Natixis Investment Managers hired an institutional sales director who spent nearly a decade at First Sentier Investors.
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits.
Fidelity International launched a climate investing policy with a rating scheme in a bid to halve its carbon emissions by 2030.
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights' for taxpayers.
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