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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
BT Financial Group appointed a long-serving Westpac executive as its chief customer service officer.
Insignia Financial reported an exodus of self-employed advisers in the December 2021 quarter amid an overhaul of its advice fee model.
Fidelity International has bolstered its institutional capability, hiring Mercer's head of Australian equities research.
Fin365 is planning to launch a robo-advice platform, having acquired miPlan as part of its strategy.
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