SMSF returns unaffected by Dixon Advisory administration
E&P Financial Group has confirmed that the accounting of returns for self-managed super funds (SMSFs) will be unaffected by the voluntary administration of Dixon Advisory.
There had previously been questions as to what would happen to trustees who were relying on Dixon to complete their tax returns by the 2022 deadline and whether they would need to seek a new provider.
However, the firm has confirmed that any accounting work was carried out by E&P SMSF Services Pty Ltd, not by Dixon Advisory.
While Dixon Advisory did have an SMSF service, any accounting services were provided by E&P.
It also confirmed no client assets were at risk.
AUTHOR
Laura Dew
Recommended for you
Data and technology provider Novigi has acquired Iress’ superannuation consulting and managed services business from Apex Group.
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
