ASIC final FY24 levy sees slight reduction

The ASIC levy for FY24 will be $2691 per adviser, plus the $1500 flat rate per licensee, $187 lower than what the regulator earlier projected.

ASIC announced an ASIC levy estimate of $2878 in July, which was in-line with FY23’s final levy.

A year ago, after the ASIC levy freeze had ended, the regulator initially projected a $3217 per-adviser levy for FY23, which was reduced to $2818 later that year.

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Markets looking through turbulence as earnings growth underpins equities: AMP

Markets looking through turbulence as earnings growth underpins equities: AMP

Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.

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