APP EXCLUSIVE: SMSFs not for everyone while advice is

If the aim is fewer licensees, let’s say so and choose them wisely

If the aim is fewer licensees, let’s say so and choose them wisely

: Shifting the burden of funding the ASIC levy from individual advisers to licensees sounds great in practice but could drive hundreds of smaller, well-run licensees out of business. If reducing licensee numbers is the intention, other ways must be found to do it.

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