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Dixon Advisory creditors face bleak outlook

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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About 750 angry and concerned current and former clients of Dixon Advisory who dialled into the first creditors’ meeting may have to wait up to another year before getting any final resolution of the administration of the wealth manager.

A deed of company arrangement (DOCA) from the ASX-listed parent E&P Financial Group will take up to three months to be presented, according to administrator PwC partner Stephen Longley.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/dixon-advisory-creditors-facing-bleak-outlook-20220201-p59sxq