AMP enhances North platform
AMP Limited has announced enhancements to its North platform.
The financial services group today announced a range of changes to the platform including simplified pricing with the removal of platform administration and investment fees on the North cash account, improved adviser reporting via North Online and providing customers with more options with respect to how they receive correspondence.
AMP also announced that North had recently passed $30 billion in funds under management (FUM).
Commenting on the enhancements, AMP director, Superannuation, Retirement and Investments, Vicki Doyle said the company was continuing to invest in strengthening the capabilities of North to meet the needs of advisers and clients.
Recommended for you
AZ NGA has entered into a strategic partnership with national advice firm MiQ Private Wealth, as a way to provide a succession solution, as well as career development opportunities for staff.
While the advice profession struggles under growing operating costs, Adviser Ratings has found more than half of practices – some 58 per cent – that generate less than $250,000 in revenue report no profit at all.
The Federal Court has ordered the freezing of assets and the appointment of receivers to two entities linked to Australian Fiduciaries, ASIC’s latest move in an ongoing investigation into the company’s managed investment schemes.
Off the back of the August adviser exam results, the profession has seen 17 new entrants hit the Financial Adviser Register (FAR) this week, helping numbers return to positive territory.
