Tower Trust signs up St George Margin Lending

margin lending BT

31 May 2002
| By Nicole Szollos |

Tower Trusthas addedSt GeorgeMargin Lending to its margin lending recommended list for wholesale managed fund investments.

Tower Trust marketing and services manager Adam Hughes says the addition of the St George service was made in a bid to increase the service to its 1000 advisers.

“We want to offer the ultimate in flexibility and choice, and give advisers as much choice as possible,” he says.

The St George product joins the existing margin lending product from BT, which has been on Tower’s list for about 12 months.

Hughes says the selection of St George Margin Lending was also selected as a result of adviser feedback.

With St George now on board, Tower advisers will also have access to the newly developed Planner Assist, a St George Web site providing practice management materials and information for financial planners. Planner Assist will be available to planners through a link on Tower’s adviser only site, Your Clique.

“From Your Clique, there will be a link through to Planner Assist where advisers can access information that can help with client education on margin lending. We should have a link developed by the end of this week,” Hughes says.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 5 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 3 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

6 days 2 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

5 days 6 hours ago