Fee Schedule

This is the FSCL fee schedule as of the 1st December 2010.

Individual Advisers

Including AFAs, financial planners, mortgage brokers, insurance advisers and insurance brokers.

	Joining Fee	Annual Fee
More than 15 persons	$515	$310
6 – 15 persons	$515	$410
Organisation comprising 1 – 5 persons	$515	$515

QFEs

Groups of advisers with centralised complaint handling.

	Joining Fee	Annual Fee
More than 100 individuals covered	$3,075	$105 each
20 - 100 individuals covered	$2,050	$205 each
Less than 20 individuals covered	$1,025	$310 each
Maximum QFE/Large Company Annual Fee		$15,375

Sharebrokers and Securities Traders.

	Joining Fee	Annual Fee
More than 15 individuals covered	$2,050	$105 each
6 - 15 individuals covered	$1,535	$205 each
Less than 5 individuals covered	$1,025	$310 each

Lenders

Including deposit takers and credit retailers.

	Joining Fee	Annual Fee
Loan book greater than $2,000m	$5,125	$10,250
Loan book $500m - $2,000m	$2,560	$5,125
Loan book $8m - $500m	$1,535	$2,050
Loan book $1m - $8m	$515	$1,025
Loan book less than $1m	$515	$515

Funds managers

	Joining Fee	Annual Fee
Funds under management exceeding $2,000m	$2,050	$2,050
Funds under management $500m-$2,000m	$1,535	$1,535
Funds under management less than $500m	$1,025	$1,025

Transactional Service Providers

Including money forwarders, remittance operators and foreign exchange dealers, and credit or charge card and electronic money operators.

	Joining Fee	Annual Fee
Transactions more than $2,000m pa	$5,125	$2,050
Transactions $500m - $2,000m pa	$2,560	$1,535
Transactions $8m - $500m pa	$1,535	$1,025
Transactions less than $8m	$515	$1,025

Securities on issue

	Joining Fee	Annual Fee
Face value of securities exceeding $200m	$2,050	$2,050
Face value of securities $50-$200m	$1,535	$1,535
Face value of securities less than $50m	$1,025	$1,025

Insurers

	Joining Fee	Annual Fee
Premium revenue exceeding $200m	$2,050	$3,075
Premium revenue $70-$200m	$1,535	$2,050
Premium revenue less than $70m	$1,025	$1,535