FAAA Statement on ASIC Funding Levy 

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The FAAA is particularly concerned by the significant increase in the ASIC Funding Levy for the 2025/56 financial year, up 27%. This, along with the recently announced CSLR special levy, will have a very significant cost impact on the

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FAAA: Unintended SMSF consequences from CGT and negative gearing changes

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The FAAA welcomes the fact that the Federal Government’s proposed changes to CGT and negative gearing in the Budget did not impact superannuation. However it says an unintended consequence is

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FAAA submissions on CSLR and Shield and First Guardian

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On Friday 22 May 2026, the FAAA provided the following three submissions to Treasury in response to the Government’s consultation on the CSLR and Shield and First Guardian: Compensation Scheme of Last

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Access to financial advice critical to navigating Budget

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“The breadth of this Federal Budget, and the aims of Treasurer Jim Chalmers, are complex and wide-ranging, and its impact on Australians is likely to be substantial. There is no

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CSLR levy to shrink adviser numbers: FAAA survey

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A survey of members by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy is set to significantly impact Australia’s financial advice landscape, with the majority of respondents saying it will push up costs

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Government review endorses recognition of aged care advice provided by FAAA specialist advisers

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The Federal Government’s Independent Review of Residential Aged Care Accommodation Pricing[1] has endorsed the need for clearer boundaries between information and financial advice, with a recommendation that financial advice on aged care

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FAAA welcomes consultation on CSLR

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The FAAA welcomes yesterday’s release of three consultation papers on consumer protection and the Compensation Scheme of Last Resort (CSLR) by Minister Mulino. Sarah Abood, CEO of the FAAA, says: “Preventing

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FAAA marks three years since merger

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In the three years since the Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) merged to become the Financial Advice Association Australia (FAAA), the FAAA

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FAAA and Chant West launch Adviser-Ready Fund accreditation

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Chant West and the Financial Advice Association Australia (FAAA) have jointly launched a framework to make it easier for financial advisers to work with superannuation funds to support their shared

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FAAA welcomes shadow minister Kevin Hogan and thanks Pat Conaghan 

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The FAAA congratulates Hon Kevin Hogan MP, the Federal member for Page in Northern NSW, on his appointment as shadow assistant treasurer and minister for financial services. Sarah Abood, CEO of the FAAA, says Mr Hogan’s professional background in financial

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