AMP

Financial planning

The Federal Court has ordered that AMP provide key documents around its buyer of last resort decision-making as part of the discovery process attaching to the class actio...

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People & Products

Robert Coulter has been appointed as APAC business development director and will lead the firm’s distribution partnerships in the region....

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Superannuation

New data has emerged suggesting as many as 5% of early release superannuation applicants entirely emptied their accounts while just 10 superannuation funds paid around 68...

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Financial planning

AMP Financial Planning has lost its status as the single biggest financial planning group in Australia by adviser number, according to HFS Consulting’s data from 31 Decem...

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Funds management

Australian shares are likely to be outperformers and can return around 12% this year compared to 8% for global shares, according to AMP Capital....

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Superannuation

Following the departure of Lara Bourguignon, AMP’s SuperConcepts has appointed Grant Christensen as interim chief executive. ...

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Financial planning

Over 2,170 roles were shed during the first six months of the year, and AMP Financial Planning saw the largest departure of 315 roles, according to data. ...

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People & Products

Former Sunsuper chief executive, Scott Hartley, has been appointed the new chief executive of AMP Australia reporting to Francesco De Ferrari....

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Financial planning

AMP financial advisers are continuing to press for Parliamentary scrutiny of AMP’s handling of buyer of last resort arrangements, particularly compliance-based exit audit...

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Financial planning

The number of actual advisers has dropped through the 21,000 barrier this week, with the loss of a further 31 advisers, according to HFS Consulting’s data....

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Funds management

AMP Capital has made a ‘significant investment’ in the UK’s second-largest port operator within its Infrastructure Debt IV fund. ...

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Features

Amid the challenges of the COVID-19 pandemic, Australian financial advisers were also witness to significant changes, writes Mike Taylor, not least with respect to AMP an...

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Outsider

As this is the last print edition of Money Management for 2020 but Christmas is still some weeks off, Outsider thought he would start a new tradition – The Rapid Exit Awa...

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Tools & guides

John Ciacciarelli explores the tax implications of running a small business and the relief measures available to help business owners with the costs....

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People & Products

Kathryn McKenzie has been appointed as an independent, non-executive director to the AMP Limited board....

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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 3 days ago