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Showing 11 - 20 of 113 results for "Dixon Advisory"

CSLR levy underspend expected as claim processing slows

ANDREW MCKEAN | WEDNESDAY, 28 MAY 2025

... can be expected after the conclusion of the next financial year. CSLR chief executive David Berry said apart from Dixon Advisory Superannuation Services, other large-scale firm failures, like United Global Capital, will potentially lead to more than ...

What Labor's second term means for regulators

KARREN VERGARA | TUESDAY, 6 MAY 2025

... unfair trading prohibition. The election also upended the highly anticipated public inquiry into the failures of Dixon Advisory, which was slated to provide a report by the last sitting day of March 2025. The Financial Advice Association Australia (FAAA) ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN | FRIDAY, 28 MAR 2025

... scheme guarantees,'" he said. The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - a four-month delay. The Financial Advice Association Australia's Phil Anderson ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA | THURSDAY, 20 FEB 2025

... problems with the scheme. For the 2026 financial year estimate show that there are now 1092 claims relating to Dixon Advisory, of which 1030 are expected. These have an average cost of $121,000. Anderson said the CSLR is estimating a total cost for these ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN | THURSDAY, 6 FEB 2025

The Senate Economics Committee Inquiry into Wealth Management Companies (CSLR and Dixon Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA | MONDAY, 3 FEB 2025

... - which has blown out of proportion with the sector cap of $20 million. This is largely due to the failures of Dixon Advisory & Superannuation Services (DASS) and United Global Capital (UGC), whereby 92% of the total claims expected to be paid relate ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA | FRIDAY, 31 JAN 2025

... review of the controversial scheme. The CSLR today released its FY26 levy estimates and blamed the failures of Dixon Advisory & Superannuation Services (DASS) and United Global Capital (UGC) for the massive bill. A whopping 92% of the total claims it ...

Government must commit to fixing CSLR: FAAA

MATTHEW WAI | THURSDAY, 23 JAN 2025

... and they are the only ones who can fix the problems. "With a potential exposure of up to $135 million for just Dixon Advisory alone and with more collapses continuing to emerge. Now is a critical time as we await the expected announcement on the CSLR ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI | THURSDAY, 16 JAN 2025

... advice, "putting it out of reach of more Australians", while submitting an inquiry to address "deep flaws" about the Dixon Advisory business model. "The Royal Commission had a different purpose and was finalised over four years beforehand: well before ...

Dixon Advisory clients should be heard at Senate inquiry: Anderson

ANDREW MCKEAN | MONDAY, 13 JAN 2025

... (FAAA) general manager of policy, advocacy, and standards Phil Anderson has urged the Senate Committee inquiry into Dixon Advisory to hear from ex-clients. Anderson said it should never be forgotten that it's these clients who are at the centre of ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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