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....

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...

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...

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 ...

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....

Financial planning

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

Superannuation

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

Superannuation

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

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 ...

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...

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....

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...

People & Products

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

Funds management

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

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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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 17 hours ago