AMP

Superannuation

After months of doubt, AMP Limited has received confirmation that it has lost one of its largest corporate superannuation mandates – Australia Post....

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Policy & Regulation

The Australian Securities and Investments Commission has signalled that financial institutions with a poor breach reporting record are likely to find themselves dealing w...

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Superannuation

Cloud-based self-managed superannuation fund provider Class appears to have weathered the exit of AMP SMSFs from its platform....

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Superannuation

AMP Limited has lost a key corporate superannuation mandate – Anglican National Super Plan – to Mercer....

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People & Products

The AMP Superannuation Limited board and N.M Superannuation Proprietary Limited board have appointed two independent non-executive directors. ...

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Features

Anastasia Santoreneos investigates how much income is really needed for retirement and what strategies can be used before and after retirement to ensure income is sustain...

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Life/Risk

AMP Limited has sought to rebut claims made during the Royal Commission that it engaged in misconduct in its deduction of superannuation fund members’ insurance premiums ...

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Financial planning

The financial planning landscape is facing a tectonic shift as the major banks look to exit their wealth management business, something underlined in Money Management’s l...

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Life/Risk

At least four of AMP’s corporate superannuation clients are in the process of reviewing their arrangements in the wake of successive rounds of hearings before the Royal C...

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Policy & Regulation

A review by the regulator has described delays by financial institutions in reporting, addressing and remediating significant breaches as “unacceptable”....

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Tools & guides

With advisers adjusting to the new transfer balance cap measures, Alena Miles looks at capped defined benefit income streams’ rules....

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Life/Risk

The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....

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Life/Risk

AMP Limited charged a non-smoker $72,000 worth of premiums designed to be for smokers under a system that required non-smokers to submit a declaration identifying themsel...

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Life/Risk

AMP Limited faces another period in the Royal Commission witness box today, this time focused on its insurance operations....

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Life/Risk

TAL, CommInsure, AMP and ClearView have been named to front the next round of hearings of the Royal Commission into Misconduct in the Banking, Superannuation and Financia...

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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