AMP FINANCIAL PLANNING

Financial planning

The corporate watchdog is suing six AMP firms after it allegedly charged $600,000 from over 1,500 customers fee-for-no-service from their corporate superannuation account...

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Financial planning

AMP’s new service model will allow the release of institutional ownership and will cease buyback arrangements, but advisers have until the end of the year to leave the ne...

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People & Products

Cameron Burne has been appointed general manager – partnerships for the Association of Financial Advisers....

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Financial planning

The Federal Court has ordered that AMP provide key documents around its buyer of last resort decision-making as part of the discovery process attaching to the class actio...

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Financial planning

With AMP Financial Planning’s ongoing loss of advisers, its lead over the second largest financial planning group by adviser numbers has dropped to 70 from over 200 advis...

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Financial planning

Some of Australia’s largest financial advice groups are facing the problem of too few advisers who are degree qualified leading to the need for strong succession planning...

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Financial planning

The Australian Securities and Investments Commission has announced that AMP Financial Planning has been required to stop providing managed discretionary account services....

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Financial planning

The overall number of planners employed by the top financial planning groups has dropped 10% year-on-year, according to Money Management’s survey....

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Financial planning

AMP Limited has been accused of seeking to cloud key questions about whether the AMP Financial Planning Association was appropriately informed and consulted about the com...

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Financial planning

The Cancer Council runs a pro bono program supported by funding from the AMP Foundation, to help alleviate the burden caused by financial stress during a cancer diagnosis...

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Financial planning

The Australian Securities and Investments Commission has imposed additional licence conditions on AMP Financial Planning....

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Financial planning

AMP Limited has signalled how it intends reshaping its adviser network with productivity and professionalism trumping actual adviser numbers....

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Financial planning

A pattern has emerged as the Australian Securities and Investments Commission pursues prosecutions against licensees for the best interest failings of planners....

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Financial planning

Ex-AMP Financial Planning adviser, Daniel Joseph Noonan has been permanently banned by ASIC after he misappropriated $2.5 million. ...

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Financial planning

ASIC has banned a former AMP Financial Planning authorised representative from providing financial services for eight years after finding he had engaged in forgery and mi...

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MARKET INSIGHTS

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

3 weeks ago

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

3 weeks 5 days 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. ...

6 days 2 hours 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. ...

1 day 17 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...

21 hours 29 minutes ago