Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 91 results for "Margin loan"

NAB launches margin loan product for SMSFs

LINDA HAUSKEN  |  FRIDAY, 13 JUL 2012
NAB Wealth has launched NAB Super Lever, a standard margin loan product that lets SMSF investors borrow money to invest in listed shares and unlisted managed funds. The product allows self managed super fund (SMSF) investors to borrow a minimum of $20,000 ...

Former adviser pleads guilty to dishonest dealings

LINDA HAUSKEN  |  TUESDAY, 3 JUL 2012
... them and dishonestly arranged for the clients' assets totalling over $900,000 to be held as security for his personal margin loan facility. "Carll also provided false documents intending to deceive Macquarie Bank Limited to release his clients' funds ...

Banned adviser faces jail term

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
... Investments Commission (ASIC) alleged he dishonestly arranged for clients' assets to be held as security for his personal margin loan facility. Carll was an authorised representative of three Australian financial services licensees including Financial ...

Signature scam adviser banned for life: ASIC

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... Bendigo Bank. Leveraged Equities is understood to have had no relationship with the other entities other than as a margin loan provider, who was presented with a seemingly-authentic signature by an authorised stock broker. The litigation funding firm ...

Thirst for financial literacy on view

ALISON BEVEGE  |  WEDNESDAY, 25 MAY 2011
... information about their money, the Federal Government said today. It features useful tools like a budget planner, margin loan calculators and personal finance guides, warnings about investment scams. Parliamentary Secretary to the Treasurer David Bradbury ...

ASIC bans "deceptive" planner for five years

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
Corporate watchdog ASIC has banned a financial planner for five years after he tricked his clients with shonky advice which included arranging margin loans for them, it said today. ASIC said Ian John Weaver of Clear Island Waters, Queensland, broke ...

Investors gearing up again

MATT WOODINGTON  |  MONDAY, 4 APR 2011
... Craig Keary, head of sales & distribution, Westpac Institutional Bank. "It doesn't have to be just a straight out margin loan but you can use installment warrants, 50% initially geared but with protection, you can use a lower geared margin loan or dollar ...

ASIC and govt launch MoneySmart.gov.au

ELISE BURGESS  |  TUESDAY, 15 MAR 2011
Australian Securities and Investments Commission (ASIC) has launched a personal finance website, MoneySmart, offering free financial information and tools. The website is designed to help people when making financial decisions with 26 tools available ...

Adviser banned for life

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
A financial adviser has been banned for life after using a retired faming couple's savings to fund a margin loan, ASIC said yesterday. Trevor Wayne Carll of Port Pirie, South Australia, worked for local planning business Bruce McDonald Investment Services ...

ASIC sharpens focus on margin lending

JOHN MCDULING  |  THURSDAY, 11 NOV 2010
... their broker itself ran into trouble, as was the case for many investors with Opes Prime and Tricom. In a standard margin loan agreement, a margin call can be triggered if the value of the underlying shares drops below a certain level relative to the ...