AMP

Financial planning

Trevor William Martin has been sentenced to three years of imprisonment to be served through an intensive corrections order for dishonestly obtaining $208,000 of client f...

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Funds management

With falling stockmarkets, it is looking inevitable that Australia will fall into a recession, along with most other major markets, but could the world fall into depressi...

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Features

The chaos caused by COVID-19 is likely to be the final straw to tip Australia into its first recession in 30 years, with managers saying it could be ‘hard to escape’, Lau...

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Features

While managed accounts have been steadily growing in Australia, there are still a number of advisers who have doubts when it comes to outsourcing their investment process...

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Financial planning

AMP has signalled that it is not unduly fussed by a ratings downgrade issued by ratings house, Moody’s....

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People & Products

Alexis Rouch has been appointed as chief technology officer by the self-managed superannuation fund software company, as it undergoes a transformative business strategy....

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Financial planning

AMP is looking to promote the benefits of financial advice and drive professionalism in the industry through a new generation of advisers....

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Financial planning

The Australian Securities and Investments Commission had staff on-site at the major banks and AMP for 216 days during October 2018 and December 2019....

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Features

Mike Taylor writes that few, if any, of the major players are arguing that the Australian Prudential Regulation Authority got it wrong with its major intervention with re...

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Financial planning

At the same time as it seeks to reshape and rebuild its advice business, AMP Limited has called on a Government panel to consider changes which would make it easier to ac...

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Financial planning

AMP Capital was a major bright spot for AMP as the company confirmed the exit of 440 advisers, an impairment bill of $2.35 billion and challenging times ahead when report...

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Financial planning

The two organisations representing planners operating under the AMP umbrella – the AMP Financial Planners Association and the Hillross Advisers Association have merged....

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Financial planning

Compensation paid by the six largest banking and financial services institutions for fee-for-no-service and non-compliant advice is at $749.7 million, according to the co...

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Financial planning

The Australian Securities and Investments Commission has driven home the message that it will look beyond adviser misconduct to those who allowed it to occur....

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Financial planning

The Australian Securities and Investments Commission has announced that AMP has been ordered to pay $5.175 million penalty after failing to prevent insurance churn by its...

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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