Feedback prompts review at Macquarie Investment Lending
Peter van der Westhuyzen
Responding to financial adviser demand, Macquarie Investment Lending has enhanced its approved securities lists by increasing loan to value ratios (LVR) and adding a substantial number of new managed funds.
A comprehensive review of the business resulted in an average LVR increase of 5 per cent for more than 1,300 managed funds on the Macquarie Margin Loan Approved List as well as the addition of more than 220 managed funds to the Macquarie Investment Multiplier Approved List.
Macquarie Investment Lending now offers more than 2,700 approved securities on the Macquarie Margin Loan list and more than 1,800 on the Macquarie Investment Multiplier list.
According to Macquarie Investment Lending head of sales and marketing Peter van der Westhuyzen, the review was prompted by adviser feedback.
“Feedback from advisers is invaluable because they are at the frontline and know what their clients want and what improvements need to be made to provide wider choices and better fund diversification,” he said.
“We regularly talk to advisers throughout the country and seek their advice on how we can improve our service.
“As a result, we have implemented a continuous review of our existing risk management framework, our systems and product offerings to ensure we continue to deliver competitive products.”
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