Advisers levies finalised

Deirdre Keown & David Maida | financialalert | 07 June 2012

More than a year after the proposed fees and levies for financial advisers were announced, advisers finally have clarity about how much they'll have to pay for being regulated. But the end outcome came as a surprise to industry leaders.

As recently as last week, the Ministry of Economic Development (MED) did not respond to an enquiry by financialalert as to whether they had made a decision on the FMA levy for advisers.

However late yesterday evening, Minister for ...