How would you like to pay?

As you are aware, each year ASIC charge an Industry Funding Levy. Previously, we have recuperated the Levy over 4 payment runs once the invoice has been issued.

For the FY20-21 period, we are offering two payment methods for this recovery:

Option 1
$110 deduction per Adviser over the next 14 payment runs

Option 2
$1,540 lump sum deduction per Adviser in the mid-September payment run

In order to provide us with your preference, please respond the Workplace poll by clicking on the below link:

CLICK HERE

Please respond by Friday 10 September. 

Once we receive the invoice from ASIC in the first Quarter of 2022, we can make adjustments to match the total of the invoice (if any are required).

The above amounts are lower that we have previously communicated, in line with ASIC’s recent announcement that the Levy will be reduced.

If you have any questions, please contact us via adviserservices@madisonfg.com.au.

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