An additional post-tax impairment charges of approximately $325 million is expected in its FY21 financial results after a review of its balance sheet....
Pella Funds Management has made its second appointment of a former AMP employee with the hire of Debbie Alliston for its advisory board....
Former AMP financial adviser, David Fong, and his Perth-based company Fong Financial Planners have been charged with dishonest conduct....
AMP superannuation trustees are to pay $45 million in remediation relating to final matters referred from the Royal Commission....
Moody’s has downgraded its ratings to AMP Group Holdings and AMP Group Finance Services due to the smaller capital and earnings base post the demerger of its private mark...
AMP will close its involvement in life insurance in Australia and New Zealand with the divestment of its equity interest in Resolution Life Australasia for $524 million....
The combined adviser losses at AMP and IOOF year-to-date is at 171 compared to 143 for all other licensees....
Many in the Senate chamber have acknowledged big corporations – the big four banks, AMP and insurance companies – have not been held to account by Royal Commission legisl...
The outflows included $9.6 billion due to the transition of the New Zealand wealth management mandate. ...
Research conducted during the first wave of the COVID-19 pandemic has found advisers played a crucial role in crisis intervention, according to Griffith Business School....
As part of the demerger of AMP Capital’s private market business, it has appointed Patrick Snowball as chair designate and Andrew Fay as deputy chair designate to help wi...
Almost all adviser groups experienced adviser losses in 2021 except small self-licensed advisers which has been the “one area of growth”, according to Wealth Data....
John Perri answers common questions on downsizer contribution strategies and explains the key rules and eligibility criteria to utilise the option for clients....
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
The Evergrande issue is unlikely to develop into the “GFC-style event” that investors fear, say commentators, but it will depend on how the Chinese government handles the...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...