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Dixon Advisory director taken to court by ASIC

Dixon Advisory director Paul Ryan will face civil charges for alleged breaches of director duties after ASIC alleges he made decisions that were to the advantage of Dixon holding company E&P Operations – where he was also a director – rather than the insolvent firm's creditors.

Govt opens consultation on MIS review

The Albanese government has released a consultation paper examining the regulatory framework for Managed Investment Schemes to ensure it remains fit‑for‑purpose and effectively protects investors from unnecessary financial risk.

Cbus Super appoints head of portfolio strategies

Industry super fund Cbus Super has appointed Leigh Gavin as head of portfolio strategies to help implement its five-year strategy to internalise over half its assets under management and improve global partnerships to gain access to more investments.

Future2 Foundation expands 2023 grants program

The Financial Advice Association’s Future2 Foundation will expand its eligibility criteria this year, allowing financial services professionals to nominate programs for Australians of any age, rather than restricting support to individuals between the ages of 12 and 25.