AMP

Financial planning

Having moved to outsource paraplanning and expanded its life/risk approved product list, AMP is flagging a significant advice strategy update next week. ...

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Financial planning

AMP advisers have been notified that the company is ceasing offering paraplanning and recruitment services because it will be outsourcing to external parties....

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Financial planning

With AMP Capital representing the jewel in the crown of AMP Limited, what will the bidders for the business have in mind for AMP’s financial planning business?...

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Financial planning

AMP Limited has expanded its life insurance approved product list and extended it across all its planning licensees....

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Funds management

As the Reserve Bank of Australia cuts rates to 0.1%, the top performing Australian bond fund since the last rate cute returned 14.6%....

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Financial planning

AMP has confirmed the opening bid from US private equity player, Ares, is valued at $1.85 per share....

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Features

The two largest financial planning organisations have increasingly been singing from the same hymn book in delivering their policy messages to Canberra but they are still...

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Funds management

AMP has confirmed a takeover bid from major US player, Ares Management Corporation....

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Funds management

AMP has recorded a better quarter prompting it to accelerate its business transformation while continuing the portfolio review process which has given rise to speculation...

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Funds management

AMP’s New Zealand Wealth Management’s new index-based investment approach will see funds transition by the first half of 2021. ...

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People & Products

Blair Vernon is only the acting chief executive of AMP Australia but he has been appointed to the board of the Financial Services Council....

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Financial planning

A Parliamentary Committee will have to settle for court filings to find out more about AMP’s BOLR arrangements after the company cited the AMP financial adviser class act...

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Editorial

The banks are out, scores of advisers are heading for the exits and it is time for Governments to stand back and let the financial planning industry succeed. ...

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Top 100

Money Management’s 2020 TOP Financial Planning Groups research has confirmed the number of planners working at the biggest groups has dwindled to its lowest levels in yea...

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Financial planning

The latest ASIC Financial Adviser Register has highlighted further losses of advisers, with current adviser roles dropping to below 21,500 while the numbers of planners w...

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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 ...

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This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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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....

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

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