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AMP
Features
Following the acquisition of Synchron, WT Financial Group has said it is set to become Australia’s third-largest adviser group by adviser numbers, writes Oksana Patron....
Funds management
With the US Federal Reserve increasing its policy rate by 25 basis points to 0.50%, fund managers and economists have weighed in on the impact for Australian investors....
Financial planning
WT Financial Group’s acquisition of Synchron will improve efficiencies for advisers, according to chief executive Keith Cullen, as it creates the third-largest financial ...
Funds management
AMP Capital has revised down its 2022 global GDP outlook because of the Russia/Ukraine war while predicting a short-term hit to Australian growth following recent floodin...
Financial planning
The Financial Services Council is calling on the Australian Securities and Investments Commission to include a 12-month transition period for licensees to adjust to chang...
Funds management
AMP Capital has announced it will rebrand as Collimate Capital to reflect the new direction following its demerger....
Financial planning
AMP has outlined a statutory net loss of $252 million for 2021 in its full-year results today, compared to a profit of $177 million a year ago. ...
Features
Managed accounts have come a long way in the two decades that they have been growing in Australia, Liam Cormican writes, but the only thing holding them back is their com...
People & Products
AMP has announced the appointment of Stuart Eliot as head of portfolio management for its multi-asset group, effective April 2022....
Superannuation
The voluntary super contributions jumped almost 30% due to a greater engagement with super during the COVID pandemic....
Financial planning
Chief executive, Alexis George, hopes to leave a legacy behind that will have revitalised the culture at AMP....
People & Products
Scott Hartley, AMP Australian Wealth Management chief executive, has been appointed to the Financial Services Council board of directors along with Challenger executive, ...
Financial planning
The first week of December sees heavy losses again in adviser numbers with a net change of advisers of over 120 while the net losses for the year stood at 2,062, accordin...
Funds management
Resources still have a “bright future” and could provide a hedge against inflation in an inflationary world but will be countered by the lower demand for coal, according ...
Funds management
AMP Limited will look to “better serve” the retirement market and take its products direct to clients following the demerger with AMP Capital’s private markets business....
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MARKET INSIGHTS
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 ...