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Showing 1 - 10 of 91 results for "Dixon Advisory"

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... professional indemnity (PI) insurance in the compensation process was also put under the microscope. The PI insurer for Dixon Advisory, for example, paid just $16 million in compensation. However, Dixon Advisory victims are expected to receive nearly ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... moral case is it's not fair," she said. It is impactable and unsustainable, she said, because compensation for Dixon Advisory victims has blown out to $154 million that advisers will likely pay, while the top 10 major companies will have to fork ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... distribution complaints progress, AustralianSuper had the most with 115. Unsurprisingly, in the financial advice sector, Dixon Advisory received the most complaints with 847. AMP Financial Planning received 30 complaints and Commonwealth Financial Planning ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... fundamental value and peers. E&P will shortly face an upcoming public inquiry into its role in the collapse of Dixon Advisory. The senate referred the inquiry to the Wealth Management Companies to the Senate Economics References Committee, which will ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... investments and advice category, marking a 26% drop compared to the previous financial year. "Excluding complaints about Dixon Advisory and Superannuation Services, investment and advice complaints reached an all-time low at 2709 complaints," AFCA said. ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
After assessing a large volume of Dixon Advisory complaints, the Australian Financial Complaints Authority (AFCA) warned financial advisers of their responsibilities to manage conflicts of interest under the Conflicts Priority Rule. AFCA senior ombudsman ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... said. Delisting is set to save the company $2.5 million annually. Regarding the public inquiry into the failures of Dixon Advisory announced last week, the board said it has "no further detail on the proposed inquiry and is unaware of the extent to which ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
A public inquiry into the collapse of Dixon Advisory will soon launch after the Financial Advice Association Australia (FAAA) gained support from Senator Pauline Hanson in the senate yesterday. After pounding the pavement for months, the FAAA has successfully ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... Australia (FAAA) is calling on all federal members of parliament to support a public inquiry into the collapse of Dixon Advisory and the flow-on effect on the Compensation Scheme of Last Resort (CSLR). The FAAA has written to every federal member of ...
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