SMSF firm taken to court over alleged advice failures
ASIC has commenced proceedings in the Federal Court against an advice firm in relation to alleged failures to act in the best interest of clients when providing investment advice to SMSF clients.
In a public announcement, ASIC stated that it has commenced proceedings in the Federal Court of Australia against Dixon Advisory and Superannuation Services Limited (Dixon Advisory), a subsidiary of ASX-listed Evans Dixon Limited.
Read more at SMSF Adviser.
