AMP

People & Products

James Georgeson has been appointed as AMP’s chief financial officer after acting in the role since August 2019....

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Financial planning

As AMP moves to exit up to 250 financial planning business over 80 planners say they will face financial ruin as a result....

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Superannuation

AMP Limited has announced investment fee reductions impacting clients across MySuper, choice and cash and term deposit products....

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Financial planning

The global financial services industry has seen deals for December 2019 stand at $32 billion, according to GlobalData’s deals database....

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Funds management

Only two funds in the least risky sector that had the least volatility managed to beat the sector return average, according to data....

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Life/Risk

AMP will partner with AIA Australia and TAL to expand its wrap platform insurance offer....

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Funds management

Growing financial advice practices to gain scale to meet the challenging new environment is being made harder by bank lending policies....

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Financial planning

AMP is partnering with its advisers to offer free financial advice to Australians who suffered loss due to the recent bushfires....

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Financial planning

AMP’s proposed new wealth business model has been mapped out for a Parliamentary committee....

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Financial planning

Former AMP and NAB authorised representative David O’Brien has been banned for failing to make sufficient inquiries into his client’s circumstances....

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People & Products

Peter Varghese will not seek re-election at the end of his term and Rahoul Chowdry has been appointed as a non-executive director....

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Funds management

Australian Foundation Investment Company has reduced the number of its total holdings from 85 to 71, selling out of Perpetual and AMP due to ‘sustainable competitive adva...

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Funds management

In the wake of its money-laundering scandal, most funds that had a high allocation towards the bank managed to recover losses indicating the resilience of big banks....

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Life/Risk

Resolution Life, the company which is acquiring AMP Life, has gone to the market and raised US$3 billion ahead of closing the AMP deal early next year....

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Funds management

The common theme of the worst performing Australian equity funds was a focus on financial services holdings and little in property....

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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