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People & Products
New management has been appointed for the $7.7 billion AMP Capital Wholesale Office fund after investors rejected AMP’s plans and voted to change the management and trust...
People & Products
Maple-Brown Abbott has launched an Australian small companies fund following the appointment of Phillip Hudak and Matt Griffin to the boutique investment manager in April...
People & Products
Elston Asset Management has hired Peter Vlachos to join the firm’s business development team....
People & Products
AMP has appointed Lisa Sorgini as general manager for wealth distribution, working on strengthening the firm’s relationship with financial advisers....
People & Products
North has lowered the maximum administration fees for a MyNorth investment account as it targets the financial adviser market....
People & Products
AMP Ltd has appointed former J.P. Morgan Chase managing director, Andrew Best, to its board as a non-executive director....
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....
Financial planning
AMP has completed the transfer of its multi-asset group into Australian wealth management to create AMP Investments....
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...
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. ...
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...
Financial planning
AMP is questioning how it can engage independent financial advisers, acknowledging its advice business has been running at a substantial loss. ...
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....
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 ...
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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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...