Submitted by Mr Smith on Wed, 2023-06-28 17:34

I'm ok with paying a reasonable amount of levy but this is not at all reasonable.

A small licensee with 6 advisers will pay $20k in levies and total licensing costs including software of over $100k per year. And that's assuming a perfect record of no complaints ever. Get 1 complaint and you can add another $20-30k onto that.

So much for wanting advice to be more affordable.

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