AMP

Financial planning

The insurer has appointed Craig Dainton, former director of strategic projects and deputy chief financial officer at AMP, as general manager of customer and adviser oper...

Financial planning

Whilst micro-AFSLs’ numbers continue to grow, larger licensees including AMP and Insignia Financial are struggling to hold down their advisers....

Funds management

The major bank's chief economist said the RBA may hike rates further, despite stating he is "worried" the economic slowdown would be sharper than projected in the governm...

People & Products

AMP Advice has partnered with fintech firm Frollo to provide advisers and their clients with access to its open banking technology. ...

Funds management

Is it “too early” to call an end to the banking crisis amid uncertainty in the commercial property space, threatening to undermine the viability of highly exposed institu...

Financial planning

AMP has reported first quarter results for its Australian wealth management division, reporting a substantial 62 per cent drop in platform inflows....

People & Products

Senior economist Diana Mousina has been promoted to the role of deputy chief economist, working alongside Shane Oliver....

Financial planning

AMP has updated shareholders on its portfolio simplification program, stating negative short-term profit impacts from strategic decisions around banks and platforms will ...

People & Products

A former chief executive of financial planning at ANZ has taken up a role as the head of a major superannuation fund. ...

Funds management

AMP will begin a comprehensive review of its business as it confirms a sale date for AMP Capital’s real estate and domestic infrastructure equity business after delays. ...

Funds management

Per statements to the ASX, it would be pushed to at least mid-March as AMP awaited outstanding regulatory approval from China. ...

Financial planning

Homeownership is no longer the predominant metric of wealth in Australia, according to new research from financial services giant AMP....

Financial planning

Growth in micro-AFSLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result....

Funds management

The RBA is set to action three consecutive hikes to the cash rate over the coming months to combat 'intense' inflation, according to ANZ Research. ...

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Funds management

Speculation around the death of the 60/40 balanced portfolio has ceased following an early year rally in the equities and bonds markets, according to multiple managers. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks 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. ...

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 days 16 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 19 hours ago