On 30 September 2015, transitional arrangements for the Financial Advisers Register for financial advisers and AFSL authorised representatives will end.
From 1 October 2015, new fees and notification periods will apply:
- AFS licensees will have 30 business days from the effective date of change to notify appointments or updates
- A fee of $29 will apply to update details or cease a representative
- A $75 late fee will apply when a notification is less than one (calendar) month late
- A $312 late fee will apply when a notification is over one (calendar) month late.
