In the near four decades together as a couple, Jan Smith and Ida Vincent have always been determined to be financially independent women.
Now, not only has their trust in the financial services industry disappeared, they are having to rethink their retirement, and rely heavily on the state pension, after suffering significant financial losses due to allegedly conflicted advice from Dixon Advisory.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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
