Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 358 results for "Levy"

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... implementation of minimum education standards. Most recently De Gori spoke out against a further increase to the ASIC funding levy, something that has increased more than 340% in recent years, and called for changes to the reference checking regime for ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Financial advisers will need to fork out an extra 27% to pay the regulator's industry funding levy for the 2021 financial year. Advisers will pay $71.354 million in aggregate or $3138 on a per adviser basis plus a fixed amount of $1500 per licence ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
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. Earlier this month the Australian ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... deficiencies at the big banks. The advice bodies are calling for the government to review the industry funding model, reduce the levy, fund ASIC from consolidated revenue and ensure ASIC's industry funding levy reflects the cost of regulation rather ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... services with information about the system and regularly check in on them. They also recommended applying a new aged care levy; establishing a registration of personal care workers; professionalising the aged care workforce; and clearing the Home Care ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... and more jobs for students," the AFA said. The association has also asked the government to clarify why the ASIC Funding Levy for financial advisers has jumped 160% in the last two years, with the cost of ASIC oversight of the sector also more than doubling ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
The Financial Planning Association of Australia (FPA) has recommended a review of the financial advice industry levy ahead of this year's federal budget. The FPA is calling on the government to review the ASIC industry levy and move away from annual ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... 2020. Frydenberg said the payments are designed to help low income households with the impacts of COVID-19. The Medicare levy low income threshold has increased, meaning more individuals and families will have more access to Medicare. The government ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... Association of Australia has hit back at the corporate regulator accusing it of price gouging after increasing the industry funding levy for financial advisers by 38%. The FPA has urged the corporate regulator to reconsider the 38% increase to the ASIC ...

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
Australia has received a below average grade from Morningstar for the regulatory and tax frameworks that its managed funds face. As part of its biannual Global Investor Experience report, the research house assessed the experiences of mutual fund investors ...