AMP

Financial planning

Over 2,170 roles were shed during the first six months of the year, and AMP Financial Planning saw the largest departure of 315 roles, according to data. ...

People & Products

Former Sunsuper chief executive, Scott Hartley, has been appointed the new chief executive of AMP Australia reporting to Francesco De Ferrari....

Financial planning

AMP financial advisers are continuing to press for Parliamentary scrutiny of AMP’s handling of buyer of last resort arrangements, particularly compliance-based exit audit...

Financial planning

The number of actual advisers has dropped through the 21,000 barrier this week, with the loss of a further 31 advisers, according to HFS Consulting’s data....

Funds management

AMP Capital has made a ‘significant investment’ in the UK’s second-largest port operator within its Infrastructure Debt IV fund. ...

Features

Amid the challenges of the COVID-19 pandemic, Australian financial advisers were also witness to significant changes, writes Mike Taylor, not least with respect to AMP an...

Outsider

As this is the last print edition of Money Management for 2020 but Christmas is still some weeks off, Outsider thought he would start a new tradition – The Rapid Exit Awa...

Tools & guides

John Ciacciarelli explores the tax implications of running a small business and the relief measures available to help business owners with the costs....

People & Products

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

Financial planning

Having moved to outsource paraplanning and expanded its life/risk approved product list, AMP is flagging a significant advice strategy update next week. ...

Financial planning

AMP advisers have been notified that the company is ceasing offering paraplanning and recruitment services because it will be outsourcing to external parties....

Financial planning

With AMP Capital representing the jewel in the crown of AMP Limited, what will the bidders for the business have in mind for AMP’s financial planning business?...

Financial planning

AMP Limited has expanded its life insurance approved product list and extended it across all its planning licensees....

Funds management

As the Reserve Bank of Australia cuts rates to 0.1%, the top performing Australian bond fund since the last rate cute returned 14.6%....

Financial planning

AMP has confirmed the opening bid from US private equity player, Ares, is valued at $1.85 per share....

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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

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 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 4 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 ago