AMP

People & Products

Announcing its managed portfolios have surpassed the milestone of $5 billion in assets under management, North will be launching three new equity-based portfolios....

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Financial planning

AMP has completed the transfer of its multi-asset group into Australian wealth management to create AMP Investments....

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Financial planning

Organisations have welcomed the election of Anthony Albanese as the next Prime Minister with the hope he will provide greater certainty for advisers after legislative cha...

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Funds management

AMP will have a pool of surplus capital from the sale of AMP Capital and its life insurance business which Allan Gray believes will be returned to shareholders. ...

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Financial planning

Looking at annual turnover statistics, Insignia has the highest annual adviser turnover rate of the big five licensees while Morgans has easily the lowest rate of turnove...

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Financial planning

AMP is questioning how it can engage independent financial advisers, acknowledging its advice business has been running at a substantial loss. ...

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People & Products

AMP has sold its international infrastructure equity business for an upfront consideration of $462 million, days after selling its domestic infrastructure arm to Dexus....

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Financial planning

AMP Limited has entered into an agreement for the sale of Collimate Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management, for $250 ...

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Financial planning

Platforms are seeing strong growth of products themed around ESG with assets in those funds outpacing those in non-ESG options, Money Management data has found....

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Financial planning

AMP Limited has confirmed that it is in discussion with multiple parties, including Dexus, regarding the potential sale of assets and businesses of Collimate Capital....

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Financial planning

The lack of major changes for financial planners are a “reasonably positive” development, according to the Financial Planning Association of Australia, while technology m...

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Funds management

Money Management looks for equity funds that have been able to combine the best returns of their peer group with the lowest volatility....

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People & Products

Several AMP managers have moved this week with HSBC Asset Management hiring its listed infrastructure equity team and Maple-Brown Abbott hiring away two small-cap manager...

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Funds management

AMP has announced the successful completion of the sale of its global equities and fixed income business to Macquarie Asset Management, part of Macquarie Group....

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People & Products

North has added 18 investment options to its platform, covering equities, property, bonds and technology....

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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 4 days ago