July 27, 2021

Is the ASIC levy spinning out of control?

Despite assurances that ASIC was nearing the end of a significant costs pipeline, the latest indicative levies for the advice industry tell a different story. And as we saw earlier this year, that story might change – drastically – by the time the numbers are finalised.  

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Advisers need to change their hook

While fees used to be one of the biggest barriers to broader use of financial advice, people are now more willing to pay for certainty in a very uncertain time. But in order to reach them, you need a story and a hook to draw them in – and that hook needs to change with the times.

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