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AMP
People & Products
AMP has appointed former Credit Suisse chief executive, Francesco De Ferrari, as its new CEO, succeeding Mike Wilkins who has held the role in an interim capacity since A...
Financial planning
The Royal Commission has been told that the AMP Super trustee had little or no knowledge of what AMP advisers were doing in relation to recommending superannuation produc...
Funds management
AMP’s 1H18 results have shown that its wealth protection operating earnings plummeted $50 million over the six months....
People & Products
AMP has today confirmed that its new chair, David Murray, and its acting chief executive, Mike Wilkins, will receive annual salaries of $850,000 and $1.46 million, respec...
People & Products
AMP has hired experienced financial services executive, Luke Symons, into its advice team to help drive its rebuilding following the Royal Commission’s continued fallout....
Outsider
Outsider is not always the hard-hearted cynic that many believe. He really, really does feel sorry for many of the hard-working people at AMP Limited who have been having...
Financial planning
AMP Limited has announced an acceleration of its advice remediation program including both employed and aligned advisers and price cuts to its superannuation products....
People & Products
Augusta has completed £150 million of funding as it enters new stage of expansion, and points to Australia as a focus market. ...
Policy & Regulation
The Commonwealth Bank (CBA) has been served with another class action, this one filed in the Federal Court by Phi Finney McDonald on behalf of shareholders from 2014 to 2...
Policy & Regulation
The Australian Securities and Investments Commission has banned a National Australia Bank financial adviser from providing financial services after finding he was not ade...
Financial planning
AMP has issued a careful statement in response to the Australian Securities and Investments Commission’s legal action against AMP Financial Planning, saying it had report...
Policy & Regulation
The Australian Securities and Investments Commission has commenced proceedings against AMP Financial Planning in the Federal Court, alleging that it failed to ensure its ...
Financial planning
New analysis from Adviser Ratings has confirmed that more than 40 per cent of Dover advisers were recruited from the major bank licensees, AMP or IOOF....
Life/Risk
The latest Australian Prudential Regulation Authority data confirms AMP Limited’s insurance roots remains strong....
Financial planning
The Australian Securities and Investments Commission has banned a former AMP financial adviser for five years, after finding that he gave advice which was “well below com...
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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 ...