AMP

Financial planning

Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...

Features

Jassmyn Goh finds out why it is important for advisers to interrogate managers on their proxy voting and engagement activities, especially if they label their fund as ‘ES...

Superannuation

Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive $3.6 million in compensation....

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....

People & Products

AMP Australia chief executive, Alex Wade has resigned and will depart the business immediately. ...

Financial planning

New data shows that financial planners are continuing to exit the industry but that the rate at which they are leaving is slower than for the same period last year....

Awards

The AMP Capital Listed Property Trust, which has won the Money Management’s Fund Manager of the Year award in the Australian Property Securities category, has assigned it...

Superannuation

Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...

Superannuation

AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superan...

Funds management

The rise of issues such as Black Lives Matter has prompted Nucleus Wealth to allow investors to remove companies from their portfolio it there was not enough gender diver...

Superannuation

Superannuation fund industry representatives are expressing concern as funds face outflows of more than $60 billion as a result of the Government’s three-month extension ...

Financial planning

The AMP foundation has reached 10 years of its pro bono program which connects advisers in its network to helping cancer patients and their families. ...

Superannuation

Ten major superannuation funds continue to do the majority of the heavy lifting on hardship early release superannuation, but some appear to have been less affected than ...

Financial planning

The corporate regulator’s chair, James Shipton has said that the watchdog would not look into AMP’s buyer of last resort arrangements unless there were further and better...

Superannuation

Superannuation fund members returning to access the $10,000 second tranche of the Government’s hardship early release superannuation regime have dominated the latest Aust...

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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 1 day 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