No change for De Ferrari role at AMP
AMP has stated that chief executive, Francesco de Ferrari, has not resigned from the firm but was in discussions with the board, including the leadership of the group.
In a statement, the firm said there had been no change to his position, contrary to reports yesterday that he had resigned.
“AMP confirms there has been no change to the CEO’s position and that Mr De Ferrari has not resigned,” it said.
“The board and Mr De Ferrari are working together and constructively discussing the future strategy and leadership of the group, post the completion of AMP’s portfolio review. These discussions are ongoing and AMP will provide updates as required.”
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

