ASIC announces suspension of AFS licence of Dixon Advisory

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="float: left; margin-right: 5px;" link_thumbnail="" loading="lazy" srcset="https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2022/04/ASIC-logo.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>The administrators Stephen Graham Longley and Craig David Crosbie, informed ASIC that most of Dixon Advisory’s clients have transitioned to alternate financial services providers.</p>
<p>The AFS licence suspension allows the company to continue its operation until 9 May 2022 so that its existing clients can move to alternative providers.</p>
<p>Earlier in April, <a target="_blank" href="https://www.leaprate.com/tag/asic/" rel="noopener">ASIC</a> took action against <a target="_blank" href="https://www.leaprate.com/financial-services/charges/asic-takes-action-against-macquarie-bank-for-unauthorised-withdrawals/" rel="noopener">Macquarie Bank</a> for unauthorised withdrawals.</p>
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