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Financial planning
The changes brought in to adjust the BOLR policy were ‘simple’ and did not require extended consultation beyond a few days, according to a senior AMPFP executive....
Financial planning
AMP Financial Planning was critically concerned about a possible ‘BOLR run’ of more than 700 practices seeking to exit after the Hayne royal commission, according to Fede...
Financial planning
A failure to provide a valid ‘legislation, economic, or products’ reason to make disproportionate changes to the BOLR policy forms the crux of AMP Financial Planning’s de...
Financial planning
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
People & Products
AMP has completed its sale of SuperConcepts to private equity firm Pemba Capital Partners....
People & Products
Adam Kirkman, head of ESG at AMP Capital, has left the firm after 12 years....
People & Products
Hot on the heels of this week’s Quality of Advice Review announcement, AMP has added a streamlined process to prepare records of advice on its North platform....
People & Products
AMP is selling its SuperConcepts self-managed superannuation fund admin and software business with 500 employees to transfer out of AMP. ...
Funds management
Justice Lisa Hespe has fired a shot across the bows at financial institutions regarding the interoperability of their IT infrastructure in her verdict in the ASIC v AMP F...
People & Products
Scott Hartley is to depart AMP as the firm scraps his CEO of Australian wealth management role while CFO Peter Fredricson will depart after less than a year in the positi...
Financial planning
As industry bodies push for quicker implementation of the Quality of Advice Review, AMP has revealed how digital advice providers can lead the way forward. ...
Financial planning
The insurer has appointed Craig Dainton, former director of strategic projects and deputy chief financial officer at AMP, as general manager of customer and adviser oper...
Financial planning
Whilst micro-AFSLs’ numbers continue to grow, larger licensees including AMP and Insignia Financial are struggling to hold down their advisers....
Funds management
The major bank's chief economist said the RBA may hike rates further, despite stating he is "worried" the economic slowdown would be sharper than projected in the governm...
People & Products
AMP Advice has partnered with fintech firm Frollo to provide advisers and their clients with access to its open banking technology. ...
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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 ...