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Showing 111 - 120 of 201 results for %22Loan Protection%22

NAB quarterly profit up 7%

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... revenue growth remains challenging, Australian home lending continues to achieve market share gains and Australian business loan growth improved in what is traditionally a stronger quarter." Thorburn said that NAB's operations in the United Kingdom "still ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... significant costs on industry. The interim report notes some concerns with the fairness of some non-monetary covenants in SME loan contracts. It also raises concerns with the quality of financial advice. Our report was finalised before the Senate Economics ...

Insurers upping risk to combat low yields

MARK SMITH  |  THURSDAY, 8 MAY 2014
... to increase allocations to asset classes that can offer higher total return potential, an illiquidity premium, and protection against rising rates and inflation. They plan to decrease allocations to cash, short-term instruments, and government and agency ...

ASFA and AIST push for tighter regulation of SMSFs

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
... crisis. One answer to this was mandating the use of financial planners. "ASFA has previously advocated that consumer protection be increased in relation to SMSFs by mandating that asset classes such as investment property and limited recourse loans only ...

Planners shy away from margin lending advice

LAURA MILLAN  |  TUESDAY, 28 JAN 2014
... up and as many as 29% of planners would switch their main margin lenders for better features, including margin call protection and early margin call warning. The Investment Trends survey was conducted among 715 planners between September and November ...

RBA red flags SMSF property exposure

LAURA MILLAN  |  THURSDAY, 26 SEP 2013
... SMSF members are exposed to greater financial risks than they envisage." It alerted about the fact that investor housing loan approvals in New South Wales has experienced a sharp increase and now accounts for around 40% of the value of loan approvals ...

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... $500 to $2000 and were required to sign documents which would supposedly to purchase and sale diamonds in order to obtain a loan. ASIC alleges that the purchase and sale of diamonds was false, as there were no diamonds involved in the transaction and ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... submissions on July 8. One of the documents presents the case of a 71 and 64 year old couple whose bank approved a $900,000 loan for a 30 year term in 2007 without consulting with them. "We did not want, or ask for such a big loan," the couple says in ...

Yellow Brick Road amends staff authorisations after ASIC concerns

MARK SMITH  |  FRIDAY, 26 JUL 2013
Yellow Brick Road (YBR) has changed the way it authorises companies and individuals to offer loan advice following concerns from the regulator. YBR has directly authorised more than 100 people working in its branches as credit representatives. However ...

CBA and HSBC change 'misleading' ads

MARK SMITH  |  WEDNESDAY, 17 JUL 2013
... flyer compared investing $100,000 directly in listed shares with the same investment in the same shares through its Protected Loan arrangement, but claims about the relative benefits of the gearing strategy failed to include the interest costs of the ...