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Showing 1 - 10 of 17 results for "DASS"

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Compensating Dixon Advisory and Superannuation Services (DASS) victims continues to eat up the Australian Financial Complaints Authority's (AFCA) time and resources, so much so that a "lead decision" has been published to expedite the process. The complaints ...

JBWere appoints philanthropic services head

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... philanthropic services Josephine Paino, and will report to JBWere head of family advisory and philanthropic services Shamal Dass. Her primary focus will be on improving the governance and strategic advice offered to JBWere's expanding for-purpose ...

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... Shine alleged that E&P's financial advisers, when they were operating under, Dixon Advisory Superannuation Services (DASS), gave unsuitable advice that did not consider clients' particular needs or entire financial circumstances. E&P claimed ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... Lawyers alleged that E&P's financial advisers, when they were operating under, Dixon Advisory Superannuation Services (DASS), gave unsuitable advice that did not consider clients' particular needs or entire financial circumstances. In addition ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... investigations and proceedings related to legacy issues; the ongoing impact of the appointment of voluntary administrators to DASS in January 2022 and subsequent creditor approved Deed of Company Arrangement (DOCA). The E&P Funds business saw FUM reduce ...

ASIC takes Dixon Advisory director to court

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
ASIC is taking former Dixon Advisory & Superannuation Services (DASS) director Paul Ryan to the Federal Court in an alleged breach of duties that led to creditors suffering significant losses. The corporate regulator believes Ryan put the interests ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... 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 DASS being ordered to pay $7.2 million ...

Advice complaints decelerate: AFCA

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... 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 advice, down 47% from 2021, AFCA acting lead ombudsman investments ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... to 1700 as of 1 February 2023, according to AFCA's latest figures. Last August, corporate watchdog ASIC urged former DASS clients who potentially suffered bad advice to lodge a formal complaint with AFCA, which subsequently registered some 1600 complainants ...

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 ...
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