James Lindberg

James Lindberg at Dixons Advisory become our advisor in 2017 and like many retirees we had a very conservative risk profile not wanting to make any risky investment decisions. He looked at our portfolio and recommended we sell various stocks we had held for years and invest in a number of funds which we were told would better suit our needs. As it turned out many of his recommendations were with funds in which his firm had a significant interest and over the next two years the value of our investments in these funds dropped to a fraction of what we paid for them. In addition several of the funds we are now stuck with as they are unlisted funds and investors have no redemption rights. We cancelled our association with James Lindberg in April 2020 and have lodged a complaint with ACFA relating to advice which we believe was both conflicted and not in accordance with our risk profile."