AMP

Funds management

AMP has announced that its Advantage Funds have grown to more than $2 billion in assets under management in less than two years....

Financial planning

AMP chief executive, Francesco de Ferrari, has been given an increase in his performance rights by over six million, according to an announcement on the ASX....

Financial planning

‘Digital is critical’ for the next generation of financial advice, according to AMP chief executive for Australian wealth management Alex Wade. ...

Financial planning

AMP Financial Planning Association members prepared for class action on AMP’s BOLR changes....

Financial planning

The 'weaponisation of compliance' is bringing up wider problems with licensees, not just a few individual bad apples. ...

Policy & Regulation

The Australian Securities and Investments Commission has flagged that there are at least two matters emanating from the Royal Commission which may result in criminal char...

Features

Three fund managers have received multiple five Crown upgrades this year for their funds, writes Laura Dew, with IPAC Asset Management emerging victorious with 12 five Cr...

Financial planning

AMP Limited may be making individual approaches to financial advisers but the AMP Financial Planners Association has told its members it is not in a position to provide l...

Financial planning

Despite staff cuts at parent company AMP, SuperConcepts has launched a new Adelaide office with State Government support....

Features

In the aftermath of AMP Limited’s dramatic announcements about the future of its financial advice business which accompanied the release of its full-year results, Mike Ta...

Financial planning

AMP Limited has been accused of seeking to cloud key questions about whether the AMP Financial Planning Association was appropriately informed and consulted about the com...

Financial planning

A senior financial services lawyer has warned that managed accounts may equate to the selling of in-house assets in the eyes of the Australian Securities and Investments ...

Financial planning

AMP financial advisers seem likely to have to navigate a series of advice practice mergers as the company reshapes its wealth management business for the future....

Financial planning

AMP Limited will provide its shareholders the opportunity to subscribe for up to $15,000 worth of shares at a discounted price....

Financial planning

Dealer groups are looking to grow their footprints on the back of the influx of advisers expected from the changes at AMP, the Commonwealth Bank and elsewhere....

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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 11 hours ago