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Compliance

‘What the hell happened?’: ASIC charge per broker triples

by ssimpkins•05:50 AM, 25 Feb 2022•7 minute read
‘What the hell happened?’: ASIC charge per broker triples

ASIC has been urged to review its industry levy calculation and estimates process, after aggregators have been hit with a spike in fees.

Invoices have recently been sent out across the broking industry for ASIC’s supervision cost recovery levy over 2020-21.

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ssimpkins

AUTHOR

Sarah Simpkins is the news editor across Mortgage Business and The Adviser.

Previously, she reported on banking, financial services and wealth management for InvestorDaily and ifa.

You can contact her on [email protected].

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