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RESOLUTION LIFE
Funds management
The sale of AIA Australia’s investment and superannuation business to Resolution Life has now been finalised. ...
People & Products
Resolution Life Australasia has appointed Tim Tez as chief executive, effective February 2023, replacing Megan Beer who will relocate to London in 2023 to become the chie...
Life/Risk
AMP will close its involvement in life insurance in Australia and New Zealand with the divestment of its equity interest in Resolution Life Australasia for $524 million....
Life/Risk
Barely a week after completing the acquisition of AMP Life, Resolution Life Australia appears to be scouting other in-force acquisitions....
Superannuation
Equity Trustees Superannuation has been appointed as superannuation trustee for AMP Life’s superannuation funds and will replace current trustees. ...
Life/Risk
AMP Limited has sold AMP Life for $3 billion but will retain a 20% holding in Resolution Life Australia....
Life/Risk
AMP has cleared all the regulatory hurdles to complete the sale of AMP Life to Resolution Life on 30 June....
Financial planning
The global financial services industry has seen deals for December 2019 stand at $32 billion, according to GlobalData’s deals database....
Life/Risk
Resolution Life, the company which is acquiring AMP Life, has gone to the market and raised US$3 billion ahead of closing the AMP deal early next year....
Financial planning
AMP Limited has outlined its $1 billion strategy remake entailing fewer, more productive advisers and different approach to buyer of last resort....
Financial planning
AMP Limited has looked to remake itself via a $1 billion investment in its wealth management business, a focus on digital and direct to consumer and a revamped deal with ...
Financial planning
Barely a month out from its half-year results announcement, AMP has confirmed it has maintained its strategy of taking equity stakes in aligned planning practices....
Life/Risk
A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....
Life/Risk
AMP chairman, David Murray has defended the company’s decision to sell its life insurance business arguing it has been validated by AMP’s results and the decisions of oth...
Life/Risk
AMP Life has told advisers it will no longer be accepting applications from customers into a standalone version of AMP Elevate from 31 January, next year, in the wake of ...
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MARKET INSIGHTS
Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...