dass

Financial planning

FAAA’s Anderson questions Dixon Advisory secrecy

The FAAA’s Phil Anderson has written an open letter calling for a public inquiry to uncover why the case of Dixon Advisory has been so closely guarded given the high volu...

Financial planning

Dixon’s $16m class action settlement approved by Federal Court

The Federal Court has approved the $16 million class action settlement regarding Dixon Advisory and Superannuation Services....

Financial planning

Dixon extends AFCA membership, further complaints possible

AFCA has confirmed that Dixon Advisory and Superannuation Solutions has extended its membership, allowing victims to continue to make complaints....

Financial planning

Dixon class action settlement delayed by Federal Court

The Federal Court of Australia has pushed back a decision on the class action settlement for two weeks....

Financial planning

First CSLR Dixon compensation to be paid by EOFY

The Compensation Scheme of Last Resort has officially launched with 11 claims in the first levy period expected to be paid by 30 June 2024, one of which relates to Dixon ...

Financial planning

E&P looks beyond Dixon turmoil to expand client base

E&P Wealth’s focus is shifting to expand its client base as it completes the migration of clients into its retail wealth management division as well as provides an update...

Financial planning

AFCA accelerates work on Dixon complaints ahead of CSLR

AFCA has doubled the team handling Dixon Advisory complaints, with the Compensation Scheme of Last Resort just six weeks away from implementation....

Financial planning

Dixon Advisory class action settles for $16m

E&P Financial Group has settled a class action related to Dixon Advisory for $16 million as Senator Andrew Bragg questions why the taxpayer should foot the bill for consu...

Financial planning

Dixon Advisory consumer losses totalling $357 million: AFCA

If all the 1,851 complaints of losses made to AFCA about Dixon Advisory were paid out, it would total $357 million, the organisation said, but it is yet to issue any form...

Financial planning

Dixon Advisory’s $7.2m penalty unlikely to ever be paid: ASIC

Appearing at Senate estimates, ASIC deputy chair Sarah Court has claimed the $7.2 million penalty issued to Dixon Advisory was made to send a “deterrent message” as the f...

Financial planning

Dixon Advisory director to face civil penalty proceedings

ASIC has commenced civil penalty proceedings in the Federal Court against a director of Dixon Advisory and Superannuation Services for alleged breaches of directors’ duti...

Funds management

A troubled history of DASS

As E&P appoints a new chief executive and the government brings in the CSLR that should help affected consumers, Money Management has collated a timeline of events at the...

People & Products

E&P Financial appoints new CEO

E&P Financial Group, parent of Dixon Advisory, has appointed a new chief executive as Peter Anderson steps down....

Financial planning

CSLR passing brings hope for DASS victims

The Australian Financial Complaints Authority will begin reviewing the status of paused complaints, including around 1,700 related to Dixon Advisory, now that Parliament ...

Financial planning

Less than 1% of Dixon Advisory complaints have progressed

Hundreds of consumers with Dixon Advisory complaints are still waiting for updates months later as AFCA awaits the introduction of the Compensation Scheme of Last Resort ...