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Dixon Advisory Gets AU$7.2 Million Fine for Client Interest Breaches

Dixon Advisory Gets AU$7.2 Million Fine for Client Interest Breaches

Six company representatives breached client interest for around three and a half years.

The company is currently under voluntary administration.

An Australian Federal Court has slapped Dixon Advisory and Superannuation Services Limited, known as Dixon Advisory, with a monetary penalty of AU$7.2 million, the Australian Securities & Investments Commission (ASIC) announced on Monday.

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