Senate Inquiry into Dixon Advisory Expected to Proceed

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The Senate inquiry into Dixon Advisory is expected to proceed, according to the FAAA’s GM Policy, Advocacy and Standards, Phil Anderson.

He says the lapsing of the Senate inquiry into Dixon Advisory was expected as a result of the election and notes the FAAA is now working closely with the Financial Services Minister and the Shadow Minister to get the inquiry re-mounted.

Phil Anderson.
Phil Anderson.

“Both parties have indicated that they support the inquiry and we are currently going through the processes required to do so.”

Anderson says there is no indication that this won’t succeed.

“The FAAA continues to believe an inquiry is essential to understand the full scope of what went wrong with Dixon Advisory and to ensure it is not repeated.”

He adds that the recent experience with Shield and First Guardian “…emphasises the importance of an inquiry into such matters.”