Financial planners avoid margin loans 31 January 2014 5:46PM Fewer financial planners are prepared to advise their clients on margin lending, and, among those that do, a significant proportion believe regulatory changes have made it a less attractive option. read more
Sinodinos releases FOFA draft 30 January 2014 5:33PM The Assistant Treasurer, Arthur Sinodinos, has released draft legislation containing the Government's amendments to the Future of Financial Advice legislation. As promised in December, the key amen.. read more
IMB produces another lacklustre result 30 January 2014 5:31PM Building society IMB Group has reported a flat result for the six months to December, with small falls in profit and its loan book. read more
MFAA reports fewer complaints against brokers 30 January 2014 5:28PM Professional standards in the finance broking industry are improving, according to the industry's peak body, the Mortgage and Finance Association of Australia. The association's disciplinary tribuna.. read more
Bluestone aims to revive its non-conforming loans 29 January 2014 5:47PM It will be business as usual at the Bluestone Group following its announcement that the UK private equity investor LDC, which is part of Lloyds Banking Group, had made a "substantial investment" in.. read more
Firstfolio calls in advisers to revise funding options 29 January 2014 5:44PM Mortgage company Firstfolio has hit a snag in its plan to recapitalise the business and has called in an adviser to help it consider its options. read more
FMS beds down Perpetual acquisition, invests for growth 28 January 2014 4:37PM FMS was a small player in mortgage processing, operating with a team of about 60 since its entry into the local market in 2001. Then, in August 2012, it grew its business more than four-fold when it.. read more
South Australia moves to align paper and electronic conveyancing 24 January 2014 5:42PM The South Australian Government has followed Victoria in moving to set standards that will align paper conveyancing with emerging electronic processes. The state's Registrar-General issued a consult.. read more
Credit Reporting Code registered 23 January 2014 5:17PM The Office of the Australian Information Commissioner has registered the new Credit Reporting Privacy Code - the code of conduct that will guide credit providers and reporting bureaus in their manag.. read more
Low home-loan rates drive customer satisfaction 23 January 2014 5:13PM Better service standards are all very well, but customer satisfaction appears to all about interest rates. The latest Roy Morgan Research consumer banking customer satisfaction research shows that t.. read more