AMP LIMITED

Financial planning

Brisbane-based financial planning firm, Futuro Financial Services has declared an end to his long-running AMP relationship....

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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

AMP Limited has flagged reshaping its advice network as it reports a significant decline in full-year profit....

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Financial planning

AMP Limited has defended its vertically integrated structure in the face of Royal Commission criticism while confirming it has punished past executives with forfeiture of...

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Financial planning

Both corporate reputations and legal precedents are at stake in the Australian Securities and Investments Commission’s decision to pursue access to legal advice documents...

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Financial planning

The Australian Securities and Investments Commission is seeking court backing to force law firm Clayton Utz to produce documents at the heart of fee for no service allega...

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Life/Risk

AMP Life has told advisers it will no longer be accepting applications from customers into a standalone version of AMP Elevate from 31 January, next year, in the wake of ...

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Financial planning

The Financial Adviser Standards and Ethics Authority’s business plan has revealed the financial adviser exam will cost millions and be the authority’s single biggest expe...

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Financial planning

AMP Limited’s new chief executive, Francesco De Ferrari has cited reviewing the firm’s business model as his first priority....

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Policy & Regulation

AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....

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Financial planning

AMP Limited acting chief executive, Mike Wilkins has confirmed the firm is facing more fees for no service remediation challenges after discovering new breaches as recent...

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Superannuation

The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...

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Policy & Regulation

AMP Limited is listed to face another round of Royal Commission questioning as the process enters its final week....

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Policy & Regulation

The Royal Commission will today begin its final round of hearings looking at what caused the misconduct and what can be done to fix those causes....

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Life/Risk

AMP Limited has pointed to an Australian Securities Exchange decision as vindicating the nature of its insurance sale transaction with Resolution Life....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 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....

3 weeks 5 days 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 4 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 3 days ago