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AMP
Financial planning
AMP Limited has announced an acceleration of its advice remediation program including both employed and aligned advisers and price cuts to its superannuation products....
People & Products
Augusta has completed £150 million of funding as it enters new stage of expansion, and points to Australia as a focus market. ...
Policy & Regulation
The Commonwealth Bank (CBA) has been served with another class action, this one filed in the Federal Court by Phi Finney McDonald on behalf of shareholders from 2014 to 2...
Policy & Regulation
The Australian Securities and Investments Commission has banned a National Australia Bank financial adviser from providing financial services after finding he was not ade...
Financial planning
AMP has issued a careful statement in response to the Australian Securities and Investments Commission’s legal action against AMP Financial Planning, saying it had report...
Policy & Regulation
The Australian Securities and Investments Commission has commenced proceedings against AMP Financial Planning in the Federal Court, alleging that it failed to ensure its ...
Financial planning
New analysis from Adviser Ratings has confirmed that more than 40 per cent of Dover advisers were recruited from the major bank licensees, AMP or IOOF....
Life/Risk
The latest Australian Prudential Regulation Authority data confirms AMP Limited’s insurance roots remains strong....
Financial planning
The Australian Securities and Investments Commission has banned a former AMP financial adviser for five years, after finding that he gave advice which was “well below com...
Financial planning
It would be foolhardy for non-bank advice firms to think that they are not the next focus of the regulator, according to the Fold Legal....
Financial planning
In an attempt to differentiate itself among the other four class actions already launched against AMP, Slater and Gordon has announced that it offers the best value to cl...
Tools & guides
Mindy Ding looks at how to navigate the maze of regulation that covers leaving superannuation to beneficiaries as part of an estate and explores relevant issues regarding...
Financial planning
Hot on the heels of the departures of its chief executive, group general counsel, chairperson and three directors, AMP has lost its chief risk officer, advice, with Pally...
Financial planning
AMP has been hit with another class action less than a week after announcing that it intends to “vigorously defend” itself against mounting claims, this time by Shine Law...
Financial planning
AMP Limited has defended grandfathering and has suggested removal of the arrangements would be tantamount to retrospective legislation....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...