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Showing 81 - 90 of 237 results for "Dixon"

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... Financial adviser complaints on the other hand increased by 25% from 1959. AFCA did not isolate the complaints related to Dixon Advisory and Superannuation Services, which as of April 17 stood at 1800 in aggregate. Altogether, AFCA received 43,516 complaints ...

E&P Investments hunts new RE

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... court-ordered mediation between E&P and Shine Lawyers in the class action brought against it and former executives Alan Dixon and Chris Brown. The mediation was to occur no later than March 24, with a case management hearing scheduled for April 5.

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... determination, and if eligibility criteria are met, the operator must compensate them up to $150,000. The recent case of Dixon Advisory and Superannuation Services (DASS) emphasises the critical role of the CSLR in compensating eligible consumers. Despite ...

Advice complaints decelerate: AFCA

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... Complaints Authority (AFCA). AFCA registered 2211 financial advice-related complaints in 2022, the majority of which concern Dixon Advisory and Superannuation Services issues. Putting DASS complaints aside, there were 483 complaints related to financial ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
The number of Dixon Advisory and Superannuation Services complainants continues to grow as more former clients have come forward to the financial complaints body for potential compensation. The number of complainants has grown by about 100 to 1700 as ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
Dixon Advisory and Superannuation Services administrators have said it's in the best interest of the failed group's creditors to vote in favour of a proposed deed of company arrangement that would see them receiving as little as 3.1 cents on ...

Former DASS clients flood AFCA with complaints

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
The Australian Financial Complaints Authority has received more than 1600 complaints from former clients of Dixon Advisory and Superannuation Services, warning complainants to expect delays in dealing with their case. On August 3, ASIC publicly urged ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... chief investment officer of equities at First Sentier Investors as Magellan Asset Management's new deputy chair. David Dixon will take on the position, effective November 1, with the fund manager saying it intends to appoint Dixon to the group's ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Dixon Advisory will pay $7.2 million for providing inappropriate advice and not meeting client best interests obligations. The Federal Court found that six Dixon Advisory representatives did not act in the best interests of eight clients on 53 occasions. ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... wholesale\sophisticated investor exemption)." "We're unsure at this stage what the findings will be in the case of the Dixon group. However insofar as any consumer harms are a result of product failure, those investors would also not receive compensation ...