AMP appoints Morningstar as research consultant


AMP Financial Services has appointed Morningstar as its preferred partner for research consultancy services, with Morningstar analysts to participate in monthly investment committee meetings.
AMP's research team will also have access to Morningstar's fund research, research analysts, and desktop tools, AMP stated.
The agreement is effective from 1 October 2012 and follows a comprehensive review, AMP stated.
Prior to the merger between AMP and AXA, AMP had been using van Eyk Research and AXA was using Mercer.
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.