CSLR special levies can’t become routine: Associations warn over funding blowout
On the back of an estimated $126.9 million Compensation Scheme of Last Resort (CSLR) levy, which the scheme’s operator announced on Monday, Financial Advice Association Australia chief executive Sarah Abood said there need to be “urgent and significant changes”. “The latest estimate from the Compensation Scheme of Last Resort is very large and will only get worse once the situation with Shield and First Guardian...
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