An inquiry is due to probe the collapse of Dixon Advisory and its impact on the Compensation Scheme of Last Resort.

Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.

While the August financial advice exam saw a lower pass rate of 62 per cent compared with 70 per cent in previous sittings, this expert believes it’s for a positive reason.

As the government announces a public inquiry into the collapse of Dixon Advisory, risk adviser Richard Silberman has detailed the three areas that typically lead to an AFSL’s collapse.

With the financial year 2024 reporting season behind us, five major financial advice licensees are looking to achieve growth either through inorganic activity or internal expansion.