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The transaction comes after a decade long struggle for one of the bigger players in the Australian financial services landscape, which could only fend off so many takeover attempts while its share price continued to fall.
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Even though most of the Dixons Advisory complaints are yet to be submitted, the CSLR has already allocated a $24 million bill to the industry. Good financial advisers will be forced to pay for the nefarious and neglectful acts of bad ones for years to come.
Q2 Global Outlook
T h e C O V I D - 1 9 r e c o v e r y i s l o o k i n g m o r e U t h a n V - s h a p e d a s h o p e d , a c c o r d i n g t o W e s t e r n A s s e t M a n a g e m e n t . T h a t s a i d , l o c k d o w n s w i l l a c t o n l y a s a d i s r u p t i o n t o a s t r o n g U S r e c o v e r y , w i t h t h e g r o u p f a v o u r i n g c o n s u m e r n a m e s a c r o s s E u r o p e a n d t h e U S .
