The revised FY27 Compensation Scheme of Last Resort levy has fallen short of the $250 million worst-case scenario but has increased by $60 million from the initial estimate. The industry has called on the government to address funding shortfalls in a way that won’t impact advisers, as the subsector accounts for $190.3 million of the $198.1 million total.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Regulation