Futuro ends AMP link

Futuro-Financial-Services/AMP-Limited/AFSL/Australian-financial-services-licence/

20 February 2019
| By Mike |
image
image
expand image

Brisbane-based financial planning firm, Futuro Financial Services Pty Ltd has ended its relationship with AMP Limited and is now 100 per cent privately owned and non-aligned.

The company’s executive chairman, Dennis Bashford announced this week that the relationship with AMP had been formally ended.

“With a 17-year track record at Futuro, we felt we were perfectly positioned to make the best of the current environment and as part of this have now formally finalised the end of our relationship with AMP,” he said.

He said that for the last 18 months Futuro had been “going through transitional change to satisfy tomorrow’s advisers”.

“We feel that the conscious move to become a non-aligned AFSL means we are looking forward to future with excitement and anticipation,” Bashford said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS