AMP LIMITED

Funds management

AMP Capital has announced it will rebrand as Collimate Capital to reflect the new direction following its demerger....

Funds management

AMP Limited will look to “better serve” the retirement market and take its products direct to clients following the demerger with AMP Capital’s private markets business....

Superannuation

AMP Limited has joined the chorus of industry voices pointing to the significant unintended consequences likely to flow from its superannuation legislation and calling or...

Financial planning

The Federal Court has ordered that AMP provide key documents around its buyer of last resort decision-making as part of the discovery process attaching to the class actio...

People & Products

Kathryn McKenzie has been appointed as an independent, non-executive director to the AMP Limited board....

Funds management

A panel made up of specialist ESG fund managers, advisers and analyst has warned that AMP is likely to pay a significant price for its recent controversy around governanc...

People & Products

Both the chairman, David Murray and the chief executive of AMP Capital, Boe Pahari are exiting the company. ...

Financial planning

With a mutual history within Credit Suisse, the exit of Alex Wade has seen AMP chief executive, Francesco De Ferrari lose one of his own....

Financial planning

Plaintiff law firm, Slater and Gordon has claimed AMP Limited has only itself to blame for exposure to class action lawsuits, not its financial planners....

Life/Risk

AMP Limited has sold AMP Life for $3 billion but will retain a 20% holding in Resolution Life Australia....

Superannuation

Data provided to a Parliamentary committee has revealed how the loss of corporate superannuation mandates served to magnify the effects of market disruption and the Gover...

Financial planning

Financial advisers are facing a dilemma with annuities still a core retirement income option but, with a long period of low interest rates being predicted, they face some...

Life/Risk

AMP has cleared all the regulatory hurdles to complete the sale of AMP Life to Resolution Life on 30 June....

Superannuation

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....

Financial planning

The same Parliamentary Committee which has been applying close scrutiny to industry superannuation funds and their financial planning expenditures is about to turn its at...

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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 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 5 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 1 day ago

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

2 days 23 hours ago