
The drawn-out saga of Dixon Advisory – the superannuation managers who enticed their clients into investment assets they managed – has come to an end. Four cents to the dollar for the superannuants; millions for lawyers, accountants and ASIC. What’s the scam?
The scam is how Dixon Advisory enticed their superannuation clients into investing in assets that they managed, in many cases without properly considering their client’s circumstances when making those investments.