ASIC LEVY

Features

Running a financial advice practice has never been harder, Jassmyn Goh writes, and advisers must find efficiencies and restructure their revenue sources to deliver their ...

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Financial planning

Many of the remaining Hayne Royal Commission recommendations will do nothing more than harm and damage ordinary Australian consumers, a member of a parliamentary committe...

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Financial planning

Indirect costs associated with the corporate watchdog’s levy has risen to $24.5 million and these costs are closely related to the increased spending on litigation fundin...

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Financial planning

The end of the financial year will see a greater loss in adviser numbers than usual from advisers wanting to avoid the next round of the ASIC levy....

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Financial planning

The cost of recovering additional funding by the Government along with the decrease in the number of advisers year-on-year has led to the corporate regulator’s licensee l...

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Financial planning

A veteran self-licensed financial adviser has sought hardship relief from the tripling of the Australian Securities and Investments Commission levy, outlining his complai...

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Financial planning

The cost of the Financial Adviser Standards and Ethics Authority functions may yet add to the ASIC levy paid by financial advisers....

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Editorial

The increases in the Australian Securities and Investments Commission levy and the fact that they are occurring even before a single disciplinary body or a compensation s...

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Financial planning

The Advisers Association is calling for the big banks who have exited wealth management to be charged a per-adviser exit tax to help defray the costs of the ASIC levy....

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Financial planning

Five planning and accounting groups have united to press the Government to override the Australian Securities and Investments Commission on its proposed levy increases ci...

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Policy & Regulation

The Australian Securities and Investments Commission is recouping millions of dollars from the industry to pay for the provision of policy advice to Government. Should th...

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Financial planning

ASIC has released its Cost Recovery Implementation Statement outlining its estimated regulatory costs in 2017/18 as part of the industry funding model. ...

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Financial planning

ASIC’s new cost recovery levy could reduce the services licensees offer if they cannot afford to pay multiple levies, according to The Fold Legal....

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MARKET INSIGHTS

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Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

1 day 14 hours ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

1 day 15 hours ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

1 day 15 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago