WebAug 3, 2024 · Dixon Advisory entered voluntary administration towards the start of the year and has since had its AFSL suspended by the regulator. AFCA paused progress of all complaints against Dixon Advisory in January in line with its policy for the handling of complaints involving insolvent firms. WebDixon Advisory has admitted to 53 occasions of breaching the Corporations Act for not acting in a client’s best interest and in July 2024 settled with ASIC, resulting in a $7.2 …
Dixon in administration: Former clients advised to file complaints with
WebDec 8, 2024 · “AFCA will accept and register complaints lodged against Dixon Advisory while it remains a member,” ASIC said. “AFCA will then pause further handling of these … WebAug 3, 2024 · Out-of-pocket former Dixon Advisory clients need to lodge a complaint with the AFCA as soon as possible to be eligible for compensation under a potential future … jim\u0027s portable toilets whitefish
Dixon in administration: Former clients advised to file complaints …
WebApr 6, 2024 · ASIC made maintenance of AFCA membership a condition on Dixon Advisory when it cancelled the firm’s AFSL and the complaints body subsequently received a further 100 complaints. For its part, AFCA advises clients of insolvent firms to contact the receiver, administrator or liquidator with proof of debt so that they can be classed as an ... WebMar 16, 2024 · 16 March 2024 Financial planning Over 1,700 investment and advice complaints received by the Australian Financial Complaints Authority (AFCA) last year related to the collapse of Dixon Advisory, representing three-quarters of … WebDixon Advisory claims driving spike in advice complaints. Claims from former Dixon Advisory clients has seen advice complaints more than double in just the first quarter, reversing the previously positive trend, says AFCA. Speaking at a recent event in Sydney, AFCA acting lead ombudsman Shail Singh said that overall the number of complaints ... jim\u0027s pool care indooroopilly