WebMar 20, 2024 · In 2024, over 2,200 complaints were made regarding financial advice, a 131% increase from the previous year. When AFCA excluded Dixon Advisory complaints, only 483 advice complaints were made, representing a 47% decrease from the year prior. Shail Singh, lead ombudsman at AFCA, observed that the decline was “really pleasing to … 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.
Dixon in administration: Former clients advised to file complaints with
WebDec 16, 2024 · At today’s second creditors meeting of Dixon Advisory - the financial advice arm of E&P Financial Group (ASX: EP1, formerly know as Evans Dixon) - investors who are owed money by the firm chose to accept a DOCA put forward by administrators. ... (AFCA) and $7.2 million in regulatory penalties agreed with the Australian Securities and ... WebTitle: Advisory Board Business Chair Purpose: Serve as a strategic thought leader, collaborator and catalyst for action representing a specific career area or profession. Key … cpa wichita falls
AFCA updates Current Matter on Dixon Advisory and …
WebFeb 6, 2024 · 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 of 1 February 2024, according to AFCA's latest figures. WebAug 4, 2024 · The corporate regulator, the Australian Securities & Investments Commission (ASIC), is encouraging former Dixon Advisory clients to lodge a complaint with the financial ombudsman, the Australian Financial Complaints Authority (AFCA) as soon as possible so that they’re eligible for compensation under a potential future Compensation Scheme of … 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 … cpa whitehouse tx