AMP

Financial planning

The Federal Court has handed down a penalty to AMP to pay Equity Financial Planners and Wealthstone, two members of the class action....

Financial planning

Members of the AMP BOLR class action will have to wait longer for information on any potential compensation after an update from the Federal Court....

Financial planning

AMP has reached an agreement to settle the shareholder class action brought by Komlotex in June 2018 following the Hayne royal commission for $110 million....

Financial planning

AMP chief executive, Alexis George, has shared her thoughts on Insignia’s new ownership model and whether it will follow its footsteps as it expects $50 million in advice...

People & Products

The $160 billion Aware Super fund has made a series of senior hires, with the new appointments joining from global roles at Pendal and AMP. ...

Financial planning

AMP CEO, Alexis George, expects to have an update on the BOLR class action this month but has not ruled out appealing the case, having set aside a “best estimate” of $50 ...

Financial planning

AMP has reported half-year results for its advice division as it updates on the next action in the BOLR class action case....

Financial planning

With Insignia launching a new co-equity model, AMP could look to follow in its footsteps, according to Adviser Ratings....

Financial planning

A global survey has found one in four Australians lack the knowledge and skills to make financial decisions, and this is costing the average household over $7,000 each ye...

Financial planning

AMP has fallen to less than 900, according to Wealth Data, some 10 months after dropping below the 1,000 milestone....

Financial planning

AMP has announced a new executive structure for platforms and advice and is actively recruiting a group executive for superannuation and investment....

Funds management

Schroders has hired Pierre Wu from AMP as fixed income and multi-asset investment director, the role formerly held by Adam Kibble....

Funds management

Although on the fence about the replacement of governor Philip Lowe, economists have welcomed his successor, deputy Michele Bullock, as a sign of structure and continuity...

Financial planning

Wraps, platforms and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced do...

Financial planning

The changes brought in to adjust the BOLR policy were ‘simple’ and did not require extended consultation beyond a few days, according to a senior AMPFP executive....

 

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Simon J

What do you think the motivation is behind this broadly worded legislation Peter? Is it to make it harder for retail ...

1 hour 33 minutes ago
PETER JOHNSTON- AIOFP

The FSC should have thought about this when they cooperated with O'Dywer/Frydenberg/Hume/FPA/AFA 10 years ago when this...

4 hours ago
Simon J

Sick of it. Canberra is a joke....

4 hours 54 minutes ago

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

10 months 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 3 weeks ago

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

10 months ago