AMP

Superannuation

A major industry superannuation has confirmed its involvement as a party in class actions against AMP Limited, the Commonwealth Bank and Westpac....

image
Financial planning

AMP Limited has sought to clarify its position on the appointment of Boe Pahari as chief executive of AMP Capital by publishing an apology from him for events in 2017 as ...

image
Financial planning

Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...

image
Funds management

The board of AMP Limited has reinforced its decision to appoint Boe Pahari to head up AMP Capital at the same time as agreeing to the release of the investigation report ...

image
Financial planning

Despite lingering cultural issues that have dogged the company, chief executive, Francesco De Ferrari said fixing culture is still a major priority....

Funds management

AMP Limited has increased its control of AMP Capital as it seeks to pivot towards private markets at the same time as reporting a significantly poor first half....

image
Financial planning

Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...

image
Features

Jassmyn Goh finds out why it is important for advisers to interrogate managers on their proxy voting and engagement activities, especially if they label their fund as ‘ES...

image
Superannuation

Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive $3.6 million in compensation....

image
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....

image
People & Products

AMP Australia chief executive, Alex Wade has resigned and will depart the business immediately. ...

image
Financial planning

New data shows that financial planners are continuing to exit the industry but that the rate at which they are leaving is slower than for the same period last year....

image
Awards

The AMP Capital Listed Property Trust, which has won the Money Management’s Fund Manager of the Year award in the Australian Property Securities category, has assigned it...

image
Superannuation

Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...

image
Superannuation

AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superan...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 3 days ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 4 days ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

2 weeks 3 days ago