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AMP
Financial planning
Two advice licensees have lost more than 26 per cent in their share price since the start of 2023, while another has seen gains of 35 per cent. ...
Financial planning
One in nine Australians aged over 50 expect to have $250,000 in unpaid debt in retirement – debt worries are leading to concerns about their ability to achieve their des...
Financial planning
Two of Australia’s largest licensees believe the removal of the safe harbour steps will have the greatest impact on advisers, but believe a new name is needed for the pro...
Financial planning
With Insignia’s sale of Millennium3 expected to see 140 advisers moving over to WT Financial by mid-December, this could cause a shift in which licensee closes out the ye...
Financial planning
The financial advice profession should be embracing career changers and mature students, according to two commentators, as well as targeting those new graduates....
Funds management
It is too early to think about rate cuts in Australia, according to Schroders, and even if they are paused for the time being, they could rise further over the next few y...
People & Products
Two independent non-executive directors have been appointed to the AMP board with a focus on digital transformation and technology....
Financial planning
AMP’s Matt Lawler believes financial advisers should be working together with super funds to improve the advice landscape, rather than competing, as well as ways to boost...
Financial planning
AMP intends to launch a digital advice service for both its advisers and its superannuation divisions next year....
People & Products
The financial services firm has internally appointed its next chief technology officer and executive committee member, following the resignation of Felicia Trewin last mo...
Superannuation
Making concessional and non-concessional contributions to superannuation funds are among the most common queries asked by financial advisers, according to AMP....
Financial planning
The decision by AMP to pay $100 million in settlement to members of the Buyer of Last Resort class action has been welcomed as providing closure, but one adviser told Mon...
Financial planning
AMP has announced it has reached a settlement decision in its Buyer of Last Resort class action proceedings, confirming how much it will pay advisers. ...
Financial planning
Morningstar has lowered its expectations for a rebound by AMP Bank as it feels the new digital bank is unlikely to improve the firm’s competitive standing....
People & Products
AMP is betting on a digital bank for sole traders and small businesses, in partnership with UK digital bank Starling, to improve its AMP Bank performance....
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Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...