We became clients of Dixon Advisory about 6 years ago after the GFC , believing they were a reputable trustworthy company . How wrong we were. We were advised to invest the majority of our funds in their own products which have seen us lose a fair percentage of our capital in a very short time.
We trusted our advisor and when URF, New Energy Solar and [name removed] shares started to decline, we questioned him several times about their performance , but on each occasion were advised not to sell as they would improve, which never happened. We n...Read more

When ASIC completes its corporate action against Dixon Advisory (owned now by E&P Financial Group), we will see the confirmation of yet another bad actor in the investment sector. How bad is now revealed in the reviews on these pages, as well as numerous articles in the financial press. While we can measure our financial losses in the SMSFs set up by Dixons, what is harder to measure is the ongoing anxiety, worry, sleepless nights, guilt and sorrow that this company has brought upon us.
When I had an interview with the founder of Dixon’s over 1...Read more

It appears Dixon Advisory have or are changing their name to “E&P Financial Group”.

Like many other Dixon Advisory clients we too have suffered significant financial losses due to their advice to invest in various funds in which Dixons were associated. Many of their clients are self-funded retirees who, like us, relied on Dixons to assist them with financial planning in their retirement.

We joined Dixons in 2017 and like many retirees had a very conservative risk profile not wanting to make risky investment decisions. They looked at our port...Read more

Been with Dixons for 12 years - at first all good but their advice deteriorated. We were advised to over invest in URF and kept doing so despite our concerns with its deteriorating state. We were concerned with the way Alan Dixon was managing the fund and his lavish lifestyle . We have lost nearly $300k - never to be recovered . We are not able to ear this ever again as retired. This has significantly affected our lifestyle and I have several health issues which are dependant on those funds. They will not do anything about trying to reimbu...Read more

I switched from another provider about 10 years ago( for geographical reasons) to Dixon’s as they came highly recommended as a industry leader at that time. Their administrative service is very good but their financial advice, was originally OK but in latter years has proven to be disastrous. Their growing recommendations of in house and company related investments have caused a hefty decline in my fund over the past few years whilst the share markets have climbed to record heights pre Covid19. Have yet to see the impacts of Covid 19 on the fu...Read more

We were with Dixons for 12 years. For the first few years it was OK, but never really achieved anything comparable or better than industry funds. In the last few years before we left a number of in house Dixon products either made losses during restructuring or have paper losses of 30% to 90% of the original investment. At the same time we were being charged high fees. In addition to the the poor investment performance the administrative fees and the fees within the in-house products the SMSF lost money long before the 2020 downturn. The o...Read more

I did have an SMSF ''managed" by Dixons for about 5 years but fortunately severed my relationship with them about 16 months ago, closed the SMSF and moved all funds to a better performing industry fund. I found Dixons (now Evans Dixon) to be very helpful in the administrative side of the SMSF but I received poor financial advice on numerous investments including the URF (and related fund raising entities), NEW and some other funds owned and managed by Dixons.

It only became apparent to me after several years with Dixons that the first priorit...Read more

We've had our SMSF with Dixons for over a decade. The SMSF administration team continues to function well, with good advice to clients when there are changes in the superannuation regime, and prompt and helpful responses when we get in touch. But the investment advisory side has failed us.

As Dixons has increasingly become both the investment adviser AND the investment provider, we've been concerned about the obvious potential conflict of interest. We have raised this directly with Dixons, and been assured that they are very conscious of the n...Read more

I decided to set up an SMSF (for my wife and me) in 2007. I was attracted by the advertising that Dixons used to run (and still does) for helping with the administration of an SMSF. They had a cap on fees per year and seemed to be well run. It helped that they had people behind them who were known for their ethical stance and general scepticism towards the high fee parts of the finance industry. They set up the trust deed and necessary paperwork. They set up the bank account and while they would have preferred that we use their own broker, they...Read more

I joined Dixons in 2012 and they were OK but their advice deteriorated. I was advised to over invest in URF and NEW. I have lost over $150,000 through Dixons bad advice and I have been trapped into investing too much in Cordish Dixon IV and can't get out with forfeiting my initial investment and paying all sorts of penalties. All the while they have been creaming off large fees for themselves. I put the off market investments, CDIV & Fort St up up for sale months ago but there are no buyers Dixons stacked my portfolio with their own produc...Read more

We have been with Dixon Advisory since 2012. Throughout that time they have provided an excellent service which is personal and tailored to our needs. They keep us well informed of the wider financial and economic scene which at times can be bewildering to us ordinary folk. We appreciate the strategic approach taken in managing our financial future and the attention taken in meeting our current requirements & needs.

They have always given us 2 staff members as our personal contacts. While this team has changed over time it has always maint...Read more

The two trustees of this SMSF are retiring this and next financial years and we needed a thorough review of the 10 year old SMSF because of our due retirements, our fund dependence on Australian listed shares with franking credits were another big concern for us with the looming Labor proposals and we were looking for opportunities available to us to benefit and correct our situation. We used E-Superfund for the last 10 years for our SMSF administration, we don't have any complaints with them but they clearly advice clients to get financial adv...Read more