AMP

Financial planning

A repeat of the changes in funds under management seen during the March quarter will elevate Macquarie Bank to Australia’s largest asset manager, knocking Commonwealth Ba...

Life/Risk

AMP has extended its Flexible Lifetime range, introduced enhanced product features and updated commission options in the risk and insurance areas....

Financial planning

Older Australians and those more educated about super choice are more likely to stay in their existing fund when the new regime is introduced, while the less informed are...

Financial planning

ANZ chief executive John McFarlane has played down speculation he will expand the bank’s wealth management business through acquisitions in the near future, while announc...

Financial planning

Russell Investment Group will hand over the administration of one of Australia’s oldest corporate superannuation funds in April next year after AMP declared it was transf...

Financial planning

Macquarie has joined a limited number of platform providers that are rebating fund manager volume discounts back to clients....

Financial planning

Advisers selling Term Allocated Pensions (TAPs) have been warned they may be putting themselves in the firing line of future litigation because of the higher commissions ...

Financial planning

Investors are less interested in the fees-versus-commissions debate and much more interested in finding an adviser they can depend on, writes Craig Dunn....

Financial planning

AMP Financial Planning, as of next year, will demand its more than 1,000 authorised representatives sit an annual exam before they can continue practicing under the banne...

Financial planning

Boutique investment group Select Asset Management has stepped up its push into the absolute return and alternative investment space, bringing former Berkley Group head of...

Financial planning

Former AMP-owned HHG is closing its global financial planning operations, Towry Law International (TLI), to new business due to the tough market conditions faced by advi...

Financial planning

AMP is confident of a reversal of fortune following last year’s $5.5 billion loss, announcing today a renewed commitment to regional wealth management and flagging allian...

Financial planning

AMP has revamped its fledgling non-super AMP Flexible Lifetime Investments product, which was launched in June 2003, by expanding the offering to include 47 different inv...

Policy & Regulation

The Australian Prudential Regulation Authority (APRA) has given directions to AMP Life, while the Australian Securities and Investments Commission (ASIC) has accepted an ...

Financial planning

AMP has confirmed that it is willing to review its investment platform strategy as part of a bid to rejuvenate its wealth management business under new chief executive An...

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MARKET INSIGHTS

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