AMP

People & Products

Copia Investment Partners has announced the appointment of Mani Papakonstantinos to the role of distribution manager covering Victoria and Western Australia....

Financial planning

AMP Limited’s new chief executive, Francesco De Ferrari has cited reviewing the firm’s business model as his first priority....

Funds management

The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....

People & Products

Big retailing industry superannuation fund REST has confirmed it will soon be announcing the names of those to fill newly-created group executive roles following the exit...

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 ...

Financial planning

AMP’s chief executive, Michael Wilkins, has told the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry that education has be...

Financial planning

Royal Commissioner, Kenneth Hayne has questioned whether individual licensing might be a means of ‘rolling bad apple’ advisers moving between licensees....

Policy & Regulation

AMP Limited is listed to face another round of Royal Commission questioning as the process enters its final week....

Financial planning

AMP and Griffith University have joined to help financial advisers meet the Financial Advisers Standards and Ethics Authority’s new requirements. ...

People & Products

AMP has appointed Morningstar as the external research provider for its advice business. ...

Life/Risk

AMP Limited has pointed to an Australian Securities Exchange decision as vindicating the nature of its insurance sale transaction with Resolution Life....

Financial planning

AMP Limited has told the Royal Commission that while legislating to remove grandfathered commissions carries constitutional risks, it favours transitioning away from gran...

Policy & Regulation

AMP Limited and the major banks together with the regulators will be the focus of attention during the next round of Royal Commission hearings....

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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 19 hours ago