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AMP LIMITED
Financial planning
Brisbane-based financial planning firm, Futuro Financial Services has declared an end to his long-running AMP relationship....
Financial planning
AMP Limited has signalled how it intends reshaping its adviser network with productivity and professionalism trumping actual adviser numbers....
Financial planning
AMP Limited has flagged reshaping its advice network as it reports a significant decline in full-year profit....
Financial planning
AMP Limited has defended its vertically integrated structure in the face of Royal Commission criticism while confirming it has punished past executives with forfeiture of...
Financial planning
Both corporate reputations and legal precedents are at stake in the Australian Securities and Investments Commission’s decision to pursue access to legal advice documents...
Financial planning
The Australian Securities and Investments Commission is seeking court backing to force law firm Clayton Utz to produce documents at the heart of fee for no service allega...
Life/Risk
AMP Life has told advisers it will no longer be accepting applications from customers into a standalone version of AMP Elevate from 31 January, next year, in the wake of ...
Financial planning
The Financial Adviser Standards and Ethics Authority’s business plan has revealed the financial adviser exam will cost millions and be the authority’s single biggest expe...
Financial planning
AMP Limited’s new chief executive, Francesco De Ferrari has cited reviewing the firm’s business model as his first priority....
Policy & Regulation
AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....
Financial planning
AMP Limited acting chief executive, Mike Wilkins has confirmed the firm is facing more fees for no service remediation challenges after discovering new breaches as recent...
Superannuation
The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...
Policy & Regulation
AMP Limited is listed to face another round of Royal Commission questioning as the process enters its final week....
Policy & Regulation
The Royal Commission will today begin its final round of hearings looking at what caused the misconduct and what can be done to fix those causes....
Life/Risk
AMP Limited has pointed to an Australian Securities Exchange decision as vindicating the nature of its insurance sale transaction with Resolution Life....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...