Business
ASIC takes civil action against Dixon Advisory – The Australian Financial Review
The corporate regulator alleges that Dixon Advisory did not act in its clients’ best interests.
The corporate regulator has commenced civil court proceedings in the Federal Court against Dixon Advisory, alleging it failed to act in their clients’ best interests and provide appropriate advice.
ASIC said the actions related to financial advice given to eight sample clients that were advised to invest in the US Masters Residential Property Fund, or URF, and URF related products
ASIC alleges there were a total of 51 separate instances of financial advice provided to the eight clients, which …
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