AMP LIMITED

Editorial

The financial advice industry is facing yet another layer of bureaucracy as a result of the Government’s so-called Royal Commission Implementation Roadmap but the ultimat...

Features

Mike Taylor writes that the Australian financial advice industry is embarking on a transition which will be completed in 2024 with the result that it will be very differe...

Financial planning

AMP financial advisers seem likely to have to navigate a series of advice practice mergers as the company reshapes its wealth management business for the future....

Policy & Regulation

The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....

Financial planning

AMP Limited will provide its shareholders the opportunity to subscribe for up to $15,000 worth of shares at a discounted price....

Financial planning

Dealer groups are looking to grow their footprints on the back of the influx of advisers expected from the changes at AMP, the Commonwealth Bank and elsewhere....

Policy & Regulation

The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...

Financial planning

AMP Limited has sought to protect itself against further buyer of last resort surprises by building in key caveats covering key market and governance policy changes....

Features

Mike Taylor writes that scores of financial advisers will be left looking for new licensees in the wake of this month’s announcements by the Commonwealth Bank and AMP Li...

Financial planning

Investors have backed AMP, with the company completing its $650 million capital raising and signalling that it will now embark on its strategy....

Financial planning

AMP Limited is facing multiple challenges as a result of its changes to its buyer of last resort arrangements and its signalling of a significant reduction in aligned adv...

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 ...

Superannuation

It is only early days, but already the numbers of superannuation fund members who have lost insurance cover as a result of the Government’s Protecting Your Superannuation...

Superannuation

Just weeks out from some of Australia’s largest financial institutions announcing their full-year results, tender consultants have reported that the number of corporate s...

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....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 8 hours ago