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Showing 41 - 50 of 91 results for "Margin loan"

Light at the end of the Storm tunnel

RUTH LIEW  |  MONDAY, 20 SEP 2010
Slater & Gordon expects all Storm Financial claims lodged with the law firm to be finalised by the end of this year. According to a Slater & Gordon statement, more than 900 Storm Financial claims have been finalised and 1,500 investors compensated by ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
The government's proposed reforms to change the way planners charge for advice will spur the industry's long-term growth, but at the cost of serious headaches and profits during the adjustment period. The minister for financial services, superannuation ...

ASIC enforces AFSLs for margin lenders

ASIC RELEASE  |  TUESDAY, 2 FEB 2010
Issuers and advisers of margin lending facilities will have five months to apply for a mandatory Australian Financial Services license - or face closing shop. Existing margin lenders and advisers on margin loans must apply to ASIC for an AFSL authorisation ...

Westpac unveils new trading platform

COMPANY RELEASE  |  FRIDAY, 29 JAN 2010
Westpac has launched a new online trading platform for its 250,000 broking customers. James Staltari, the head of Westpac Securities, said the new website is called Westpac Online Investing, and includes an improved range of equity and investment services ...

PJC points finger at Storm model

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
The Parliamentary Joint Committee (PJC) has found the lack of information that banks could provide on margin loan accounts "deeply troubling" but also found Storm Financial's investment model significantly contributed to the problem. The PJC said while ...

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
... said. All settled claims have so far involved investment home loans. Slater & Gordon and the CBA have agreed claims by margin loan borrowers will be tested by the scheme's expert independent panel before any further offers are made, as it has become ...

CFD demand rises with equities recovery

MICHELLE BALTAZAR  |  WEDNESDAY, 5 AUG 2009
... with one in five margin lending clients now using CFDs as well, and 77 per cent of CFD traders also have an active margin loan."

CBA on Storm damage control

COMPANY RELEASE  |  THURSDAY, 18 JUN 2009
... comments would assist Slater & Gordon's investigation into Storm Financial on behalf of its clients and highlight the "margin loan side of the equation".

Joint Committee has consumer loans in its sights

WWW.THESHEET.COM  |  TUESDAY, 21 APR 2009
The Parliamentary Joint Committee on Corporations and Financial Services' inquiry into financial products and services will include a review of banking products. Reflecting the transfer of oversight of consumer finance to the Commonwealth, which will ...