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Bean: Stop advisers going extinct

Wednesday 9th of November 2016

It was revealed last week that the Government had signed off on the FMA’s “enhanced” funding case – giving it almost $10 million more each year, mostly through an increase in levies from financial markets participants.

AFAs’ levy was initially proposed to increase to more than $500 but instead will drop slightly because of concerns about the impact of the change on small players, and the...

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