AMP LIMITED

Funds management

AMP Capital has announced it will rebrand as Collimate Capital to reflect the new direction following its demerger....

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Funds management

AMP Limited will look to “better serve” the retirement market and take its products direct to clients following the demerger with AMP Capital’s private markets business....

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Superannuation

AMP Limited has joined the chorus of industry voices pointing to the significant unintended consequences likely to flow from its superannuation legislation and calling or...

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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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People & Products

Kathryn McKenzie has been appointed as an independent, non-executive director to the AMP Limited board....

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Funds management

A panel made up of specialist ESG fund managers, advisers and analyst has warned that AMP is likely to pay a significant price for its recent controversy around governanc...

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People & Products

Both the chairman, David Murray and the chief executive of AMP Capital, Boe Pahari are exiting the company. ...

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Financial planning

With a mutual history within Credit Suisse, the exit of Alex Wade has seen AMP chief executive, Francesco De Ferrari lose one of his own....

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Financial planning

Plaintiff law firm, Slater and Gordon has claimed AMP Limited has only itself to blame for exposure to class action lawsuits, not its financial planners....

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Life/Risk

AMP Limited has sold AMP Life for $3 billion but will retain a 20% holding in Resolution Life Australia....

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Superannuation

Data provided to a Parliamentary committee has revealed how the loss of corporate superannuation mandates served to magnify the effects of market disruption and the Gover...

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Financial planning

Financial advisers are facing a dilemma with annuities still a core retirement income option but, with a long period of low interest rates being predicted, they face some...

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Life/Risk

AMP has cleared all the regulatory hurdles to complete the sale of AMP Life to Resolution Life on 30 June....

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Superannuation

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....

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Financial planning

The same Parliamentary Committee which has been applying close scrutiny to industry superannuation funds and their financial planning expenditures is about to turn its at...

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