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Showing 11 - 17 of 17 results for "ASIC levy"

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... duplicated compliance measures that add to the cost of advice, flexible professional standards, and an extension to the ASIC levy freeze. "Another one of the quickest and easiest ways to make financial advice more affordable for consumers would be to ...

FPA seeks broader scope for CSLR

CHLOE WALKER  |  MONDAY, 10 OCT 2022
... called on the federal government to broaden its proposed compensation scheme of last resort (CSLR) and to extend the ASIC levy freeze for advisers for another year. The FPA believes that the current CSLR Bill is too narrow in scope and doesn't seek to ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
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. The levy will be restored to $1142 per adviser, as was charged in 2018/19 ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
The Association of Financial Advisers fears that ASIC's FY21 industry levy will blow out even more than its estimates. The association does not want history to repeat itself, pointing to how the FY20 levy jumped 54% higher than ASIC's estimates. ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... 2019 to 30 September 2020, were made against stockbrokers, she said. "We call on the government to urgently review the ASIC levy model and it more granular and risk-based to more accurately reflect the firms that are generating the enforcement and supervisory ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... per adviser for banks and institutions that are getting out of the sector. TAA chief executive Neil Macdonald said the ASIC levy is only being charged to those who are choosing to remain in the industry. "By exiting advice, the major banks, despite being ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
An AFSL holder asked the court to review its entreaty to ASIC to waive industry funding levy for services that it was licensed to offer but did not. Polymath Investors acquired an Australian Financial Services Licence in 2010 to work with wholesale ...
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