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Fees have potential to discourage independence
Wednesday 21st of October 2009
The Financial Service Providers Act 2008 and Financial Advisers Act 2008 Fees Regulations Discussion Document proposes that financial service providers and advisers should pay a one-off $350 charge to be registered, followed by an ongoing annual charge of $60.
Advisers looking to be registered and authorised will pay $1,385 upfront, with $410 ongoing, while registered Qualifying Financia...
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