Following the announcement by AMP of unilateral changes to the buyer of last resort policy, some AMP advisers are now facing financial devastation, Dan Mackay writes....
The transformation of AMP will be a three-year process as the firm seeks to regain client trust, according to chief executive Francesco de Ferrari....
Merlon Capital Partners persists in keeping its top holding in AMP despite describing the firm as being a ‘laggard’ contributor during September for its Australian Share ...
The current setup in Canberra is workable for financial advisers, but may get tougher as the economy weakens, according to AMP....
AMP Limited has announced key senior leadership changes which have followed the decision to bring together its banking and Australian wealth management business units int...
AMP has been described by a lawyer as having been brutal in its approach to advisers and Buyer of Last Resort but he argues that the company is on far from firm ground wh...
Melbourne-based lawyer, Dan Mackay, argues that AMP is on far from firm legal ground in its approach to advisers and Buyer of Last Resort....
The entry of the banks and the end of mutual structures in the Australian wealth and insurance sectors has been a disaster which may be capable of repair by returning to ...
AMP’s Alex Wade points to the challenges inherent in comparing superannuation funds for pre-retirees and argues for more use of risk-based comparisons. ...
Digestible investment risk data for superannuation funds needs to be standardised by APRA to help members compare apples with apples, according to AMP. ...
An attack on a large Saudi Aramco oil field in Saudi Arabia has caused concerns around global oil supply and a rise in geopolitical tensions. ...
AMP’s MyNorth wrap platform has a new web-based fee calculator to help advisers and clients quickly calculate annual platform fees....
AMP has announced that its Advantage Funds have grown to more than $2 billion in assets under management in less than two years....
AMP chief executive, Francesco de Ferrari, has been given an increase in his performance rights by over six million, according to an announcement on the ASX....
‘Digital is critical’ for the next generation of financial advice, according to AMP chief executive for Australian wealth management Alex Wade. ...
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...