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

Search Results

Showing 61 - 70 of 74 results for %22Margin requirements%22

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 ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
... knowledge of the risks involved in selling these products. The Inquiry also recognised the need for federal regulation of margin lending. However, the committee noted that steps have been taken in the right direction, particularly following the October ...

ASIC charts margin lending requirements

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
... regulator has released two proposals on the training conditions for financial advisers and requirements for firms dealing in margin lending products. The Australian Securities and Investments Commission (ASIC) released the Consultation Paper 108 Margin ...

QIC calls for better liquidity risk mgmt

RUTH LIEW  |  MONDAY, 8 DEC 2008
... "An important step is conducting comprehensive scenario planning on the impacts of member switching, currency movements, margin calls, capital calls and other liquidity payments." Rieck said that QIC had undertaken this analysis for its clients for several ...

Growth bond plays tax trump card

RUTH LIEW  |  TUESDAY, 26 AUG 2008
... "If the investment in the AMP Growth Bond is held for more than 10 years with no withdrawals, and meets some simple requirements, the investor only pays 30 per cent tax on their investment earnings regardless of their marginal tax rate. Since tax has ...

Polaris sets PACE

... believes that through a specialised testing centre, financial services companies can bring a product to market, such as margin lending products, credit cards, loyalty cards, insurance and derivatives, faster than if they had to go through the conventional ...

Margin loan changes more than marginal

ALEX DUNNIN  |  WEDNESDAY, 26 SEP 2007
Changes are afoot in margin lending with some product providers adding flexibility to their offering while others are clamping down and clipping their client's wings. "There is a fair bit of change happening in the industry and it seems to be happening ...

AIG and netwealth ride again

CHRIS NICHOLLS  |  FRIDAY, 29 JUN 2007
... Heine said netwealth was also looking at all their "key partners" in a bid to renew their services in insurance, research, margin lending, broking, implemented consulting and technology. "Our advisers expect the best and we will continue to enhance not ...

Perpetual shifts gears for accumulators

... investors aged 35 to 50, launching two investment choice options that offer gearing without the hassles of traditional margin lending products. Scott Riedel, head of Perpetual Private Clients, said that the Geared Australian Growth Fund and the Geared ...

Intrinsic finds value in Islamic investing

... Shariah-compliant. "The compulsory superannuation regime forces Muslim Australians into investments that do not meet their requirements." While Islamic investing barely gets a mention in the local market, the worldwide Shariah compliant fund market is ...