ASIC levy to soar for new financial year
ASIC has released its cost recovery implementation statement for the 2020–21 financial year, revealing that the costs allocated by ASIC to the advice sector have increased by more than $16 million.
ASIC has published its draft Cost Recovery Implementation Statement (CRIS) for 2020–21. The CRIS outlines ASIC’s estimated regulatory costs for 2020–21 and how these will be recovered as industry levies under the industry funding model.
Read more at SMSF Adviser.
