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Costs mount up for regulation
Wednesday 28th of October 2009
The IFA estimate that in addition to government agency charges totaling $1,795, single-person AFA practices would have to stump up with a further $1,000 to meet complaints body and competence assessment costs in the regulatory regime's first year of operation.
In subsequent years, it says, AFAs would probably pay $470 to meet basic compliance costs.
However, the IFA figures do not...
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