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How much you will pay to fund the FMA

Thursday 7th of June 2012

The fee structure has been broadly welcomed by both the Institute of Financial Advisers (IFA) and the Professional Advisers Association (PAA).

"Generally speaking it's about where we expected it to be," said IFA president Nigel Tate.

"Their initial figure was $1,800, I think they heard from the profession that that was unacceptable."

Tate said that with added company levies...

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