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AMP
Funds management
Equity, bond and multi-asset sectors all saw high volumes of 1 Crown-rated funds in the latest FE fundinfo Crown Ratings rebalance. ...
Financial planning
AMP Limited is undertaking a portfolio review amid what it describes as increased interest in its assets and businesses....
Financial planning
A senior Federal Opposition Senator has unloaded on AMP Limited over its handling of buyer of last resort arrangements, with the Labor Party calling for a Parliamentary i...
Financial planning
The announcement by IOOF regarding its anticipated acquisition of MLC’s Wealth management business, might see one of the biggest reshuffles across the industry in terms o...
Financial planning
New data provided to a Parliamentary Committee had revealed the degree to which licensees are better offer resolving client remediation and other complaints via Internal ...
Funds management
A panel made up of specialist ESG fund managers, advisers and analyst has warned that AMP is likely to pay a significant price for its recent controversy around governanc...
Superannuation
A major industry superannuation has confirmed its involvement as a party in class actions against AMP Limited, the Commonwealth Bank and Westpac....
Financial planning
AMP Limited has sought to clarify its position on the appointment of Boe Pahari as chief executive of AMP Capital by publishing an apology from him for events in 2017 as ...
Financial planning
Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
Funds management
The board of AMP Limited has reinforced its decision to appoint Boe Pahari to head up AMP Capital at the same time as agreeing to the release of the investigation report ...
Financial planning
Despite lingering cultural issues that have dogged the company, chief executive, Francesco De Ferrari said fixing culture is still a major priority....
Funds management
AMP Limited has increased its control of AMP Capital as it seeks to pivot towards private markets at the same time as reporting a significantly poor first half....
Financial planning
Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...
Features
Jassmyn Goh finds out why it is important for advisers to interrogate managers on their proxy voting and engagement activities, especially if they label their fund as ‘ES...
Superannuation
Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive $3.6 million in compensation....
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MARKET INSIGHTS
Podcast
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...