AMP Group

Financial planning

AMP proposes further cuts amid ongoing simplification

Almost 30 staff at AMP could be affected by changes to its marketing and communications team, Money Management understands, as it makes two senior hires. ...

Financial planning

Further adviser losses seen at two major licensees

Two of Australia’s largest financial advice licensees, Count Financial and AMP Group, have each lost five advisers this week, while Sequoia has “bounced back” after recen...

Financial planning

Sequoia suffers ‘rare’ weekly adviser loss

Sequoia has seen a net loss of seven advisers this week, with Wealth Data founder Colin Williams describing it as a “rare” occurrence given the group’s strong growth in 2...

Financial planning

Count set to overtake Insignia in licensee shake-up

With Count’s acquisition of Diverger set to complete on 1 March, the firm will overtake Insignia Financial as the second-largest financial advice licensee in Australia....

Financial planning

Advisers leak from IOOF/MLC licenses

The combined loss of advisers for IOOF/MLC has reached 252 advisers since IOOF announced the purchase of MLC in August last year and is now nearing AMP Group which has lo...

Financial planning

Outflow continues but adviser numbers higher than last year

Although the industry continues to lose advisers, this week’s data from HFS Consulting has shown that the losses were lower compared year-on-year. ...

People & Products

AMP app adds budgeting functionality

The My AMP app has released the Money Manager budgeting functionality for iPhone and android, which aims to give customers a better view of their spending and saving habi...