AMP LIMITED

Policy & Regulation

AMP Limited and the major banks together with the regulators will be the focus of attention during the next round of Royal Commission hearings....

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Editorial

AMP Limited’s sale of its insurance business will help it cut loose some uncomfortable legacy issues, but it remains to face into the substantial challenges associated wi...

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Financial planning

The depth of suspicion existing between some AMP planners and AMP Limited has been underlined by a decision to suspend a planners “Chatter Group” over suspicions member c...

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Financial planning

IOOF has sought to ensure the retention of newly-acquired ANZ aligned advisers by offering participation in an ‘Adviser Recognition Program’ with vesting heavily reliant ...

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Financial planning

AMP Limited has confirmed applying compliance criteria to buyer of last resort arrangements for planners looking to exit the company and the industry....

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Financial planning

AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....

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Superannuation

After months of doubt, AMP Limited has received confirmation that it has lost one of its largest corporate superannuation mandates – Australia Post....

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Superannuation

AMP Limited has lost a key corporate superannuation mandate – Anglican National Super Plan – to Mercer....

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Life/Risk

AMP Limited has sought to rebut claims made during the Royal Commission that it engaged in misconduct in its deduction of superannuation fund members’ insurance premiums ...

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Policy & Regulation

Financial services licensees rather than individual planners are facing the most change likely to result from the preliminary findings of the Royal Commission into Miscon...

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Life/Risk

The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....

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Life/Risk

AMP Limited charged a non-smoker $72,000 worth of premiums designed to be for smokers under a system that required non-smokers to submit a declaration identifying themsel...

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People & Products

AMP Limited has appointed John O’Sullivan as a non-executive director. ...

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Funds management

Major investment house Vanguard has revealed it has picked up a 5.01 per cent stake in AMP Limited....

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Editorial

If financial advisers fully owned the relationship with their clients, many of the issues uncovered by the Royal Commission may have been avoided....

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

4 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 22 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago