AMP

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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People & Products

James Georgeson has been appointed as AMP’s chief financial officer after acting in the role since August 2019....

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Financial planning

As AMP moves to exit up to 250 financial planning business over 80 planners say they will face financial ruin as a result....

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Superannuation

AMP Limited has announced investment fee reductions impacting clients across MySuper, choice and cash and term deposit products....

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Financial planning

The global financial services industry has seen deals for December 2019 stand at $32 billion, according to GlobalData’s deals database....

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Funds management

Only two funds in the least risky sector that had the least volatility managed to beat the sector return average, according to data....

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Life/Risk

AMP will partner with AIA Australia and TAL to expand its wrap platform insurance offer....

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Funds management

Growing financial advice practices to gain scale to meet the challenging new environment is being made harder by bank lending policies....

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Financial planning

AMP is partnering with its advisers to offer free financial advice to Australians who suffered loss due to the recent bushfires....

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Financial planning

AMP’s proposed new wealth business model has been mapped out for a Parliamentary committee....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 weeks 3 days ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

2 months 4 weeks ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

2 weeks 6 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

2 weeks 6 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

3 weeks ago