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Showing 11 - 20 of 115 results for "Dixon Advisory"

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
... government has dumped the inquiry into wealth management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the inquiry ...

FAAA fights to reignite Dixon inquiry

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Although the Senate Committee Inquiry into Dixon Advisory was expected to lapse due to the election, the Financial Advice Association of Australia (FAAA) is shedding light on the possibility of resuming the process. FAAA general manager of policy, advocacy ...

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 ...