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AMP
Funds management
AMP has defended its balance sheet and capital position in the face of another ratings downgrade from major ratings agency, Moody’s....
Financial planning
The wealth giant is looking at a range of options to drive efficiency in its human resource, legal function, and finance teams and roles could be impacted....
Funds management
AMP MyNorth’s managed portfolios have exceeded $1 billion in funds under management, while clients’ allocations remained steady through COVID-19....
Financial planning
The exodus continues among financial advisers offset in a small way by a modest but growing number of provisional advisers. ...
Superannuation
New data has revealed how thousands of superannuation fund members and a few super fund trustees crystallised their losses in a 30-day period of turmoil generated by the ...
Funds management
The country has fallen behind both developed and emerging market regions when it comes to equity performance....
People & Products
AMP’s Invest Blue and Russell Investments have developed new managed portfolios which will be offered through AMP’s wrap platform MyNorth. ...
Financial planning
AMP was both legally and morally within its right to amend buyer of last resort arrangements which had become commercially unsustainable, according to the company’s chief...
Expert Analysis
Labor Senator Deborah O’Neill cautions AMP Limited against its treatment of financial advisers with respect to their buyer of last resort arrangements, arguing that such ...
Funds management
Equity, bond and multi-asset sectors all saw high volumes of 1 Crown-rated funds in the latest FE fundinfo Crown Ratings rebalance. ...
Financial planning
AMP Limited is undertaking a portfolio review amid what it describes as increased interest in its assets and businesses....
Financial planning
A senior Federal Opposition Senator has unloaded on AMP Limited over its handling of buyer of last resort arrangements, with the Labor Party calling for a Parliamentary i...
Financial planning
The announcement by IOOF regarding its anticipated acquisition of MLC’s Wealth management business, might see one of the biggest reshuffles across the industry in terms o...
Financial planning
New data provided to a Parliamentary Committee had revealed the degree to which licensees are better offer resolving client remediation and other complaints via Internal ...
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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MARKET INSIGHTS
Podcast
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 ...