AMP

Funds management

Is it “too early” to call an end to the banking crisis amid uncertainty in the commercial property space, threatening to undermine the viability of highly exposed institu...

Financial planning

AMP has reported first quarter results for its Australian wealth management division, reporting a substantial 62 per cent drop in platform inflows....

People & Products

Senior economist Diana Mousina has been promoted to the role of deputy chief economist, working alongside Shane Oliver....

Financial planning

AMP has updated shareholders on its portfolio simplification program, stating negative short-term profit impacts from strategic decisions around banks and platforms will ...

People & Products

A former chief executive of financial planning at ANZ has taken up a role as the head of a major superannuation fund. ...

Funds management

AMP will begin a comprehensive review of its business as it confirms a sale date for AMP Capital’s real estate and domestic infrastructure equity business after delays. ...

Funds management

Per statements to the ASX, it would be pushed to at least mid-March as AMP awaited outstanding regulatory approval from China. ...

Financial planning

Homeownership is no longer the predominant metric of wealth in Australia, according to new research from financial services giant AMP....

Financial planning

Growth in micro-AFSLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result....

Funds management

The RBA is set to action three consecutive hikes to the cash rate over the coming months to combat 'intense' inflation, according to ANZ Research. ...

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Funds management

Speculation around the death of the 60/40 balanced portfolio has ceased following an early year rally in the equities and bonds markets, according to multiple managers. ...

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Funds management

AMP has announced the progress of its Advice transformation as advice net profit after tax has more than halved from a loss of $146 million a year ago....

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Funds management

Subdued market activity and property devaluations has contributed to the real estate investment trust’s statutory net profit after tax declining 97%....

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Funds management

The central bank is holding fast to its monetary policy stance despite changing its forecast for inflation....

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People & Products

AMP has completed the sale and transfer of its international infrastructure equity business to DigitalBridge of $582 million....

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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 4 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 4 days ago