AMP

Features

A financial adviser class action against AMP Limited may not be in the best interests of all advisers, writes lawyer, Dan Mackay....

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Policy & Regulation

The exit of the major banks means the original funding source for the Financial Adviser Standards and Ethics Authority will mostly dry up in May next year with advisers t...

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Financial planning

A lawyer has questioned the value of AMP advisers signing up to a class action against AMP Limited when their individual circumstances can be significantly different....

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Financial planning

Market analysts are pointing to some key obstacles for AMP Limited, not least the so-called ‘Halloween deadline’ for the exit of unprofitable planners....

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Financial planning

Suggestions that robo-advice will be sufficient to meet the needs of those earning $80,000 are well off the mark, according to Investment Collective managing director, Da...

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Financial planning

Larissa Baker Cook, who exposed AMP’s fee-for-no-service, is asking for $2.5 million for past and future economic loss....

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Funds management

AMP has signalled some positives in its release of its third quarter cashflows update....

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Funds management

AMP Capital has raised US$6.2 billion for its fourth infrastructure debt strategy, its largest closed-ended fund yet....

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Funds management

AMP Capital’s global chief investment officer of equities, David Allen, is poised for growth as he completes a three-year process to revamp the firm’s equity division, wi...

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Features

Following the announcement by AMP of unilateral changes to the buyer of last resort policy, some AMP advisers are now facing financial devastation, Dan Mackay writes....

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Funds management

The transformation of AMP will be a three-year process as the firm seeks to regain client trust, according to chief executive Francesco de Ferrari....

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Funds management

Merlon Capital Partners persists in keeping its top holding in AMP despite describing the firm as being a ‘laggard’ contributor during September for its Australian Share ...

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Policy & Regulation

The current setup in Canberra is workable for financial advisers, but may get tougher as the economy weakens, according to AMP....

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Financial planning

AMP Limited has announced key senior leadership changes which have followed the decision to bring together its banking and Australian wealth management business units int...

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Financial planning

AMP has been described by a lawyer as having been brutal in its approach to advisers and Buyer of Last Resort but he argues that the company is on far from firm ground wh...

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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....

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