Five major platforms have reported significant growth in funds under administration in the last financial year and have carved out ambitious new targets moving forward....
The Federal Court has handed down a penalty to AMP to pay Equity Financial Planners and Wealthstone, two members of the class action....
Members of the AMP BOLR class action will have to wait longer for information on any potential compensation after an update from the Federal Court....
AMP has reached an agreement to settle the shareholder class action brought by Komlotex in June 2018 following the Hayne royal commission for $110 million....
AMP chief executive, Alexis George, has shared her thoughts on Insignia’s new ownership model and whether it will follow its footsteps as it expects $50 million in advice...
The $160 billion Aware Super fund has made a series of senior hires, with the new appointments joining from global roles at Pendal and AMP. ...
AMP CEO, Alexis George, expects to have an update on the BOLR class action this month but has not ruled out appealing the case, having set aside a “best estimate” of $50 ...
AMP has reported half-year results for its advice division as it updates on the next action in the BOLR class action case....
With Insignia launching a new co-equity model, AMP could look to follow in its footsteps, according to Adviser Ratings....
A global survey has found one in four Australians lack the knowledge and skills to make financial decisions, and this is costing the average household over $7,000 each ye...
AMP has fallen to less than 900, according to Wealth Data, some 10 months after dropping below the 1,000 milestone....
AMP has announced a new executive structure for platforms and advice and is actively recruiting a group executive for superannuation and investment....
Schroders has hired Pierre Wu from AMP as fixed income and multi-asset investment director, the role formerly held by Adam Kibble....
Although on the fence about the replacement of governor Philip Lowe, economists have welcomed his successor, deputy Michele Bullock, as a sign of structure and continuity...
Wraps, platforms and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced do...
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 ...