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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
A former New South Wales Treasury Corp executive has joined the prudential regulator as head of investment risk.
MLC Life has been handed a new group insurance mandate from a retail superannuation provider.
Pinnacle Investment Management has made a $3 million cornerstone investment in OpenInvest.
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds.
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