AMP

Funds management

AMP has announced the progress of its Advice transformation as advice net profit after tax has more than halved from a loss of $146 million a year ago....

image
Funds management

Subdued market activity and property devaluations has contributed to the real estate investment trust’s statutory net profit after tax declining 97%....

image
Funds management

The central bank is holding fast to its monetary policy stance despite changing its forecast for inflation....

image
People & Products

AMP has completed the sale and transfer of its international infrastructure equity business to DigitalBridge of $582 million....

image
Financial planning

Appearing before the Senate select committee, the Reserve Bank of Australia has held fast to its monetary policy tightening strategy despite conceding inflation has passe...

image
People & Products

The financial services firm has internally appointed its next chief technology officer and executive committee member, following the resignation of Felicia Trewin last mo...

Funds management

Development of an advice software solution is one of two factors that have led AMP to announce impairment charges of $68 million for FY22. ...

image
Funds management

AMP and Dexus Funds Management have engaged in discussions regarding an alternative transaction structure for Dexus’ acquisition of Collimate Capital’s real estate and do...

image
Funds management

From infringement notices to interim stop orders, Money Management reviews the biggest companies that were put under the microscope by the corporate regulator....

image
Funds management

North, AMP’s investment platform, has announced their new managed portfolio service ‘Buy, Badge, Build’. ...

image
People & Products

AMP has appointed a new chief financial officer as James Georgeson departs after more than 20 years with the firm....

image
Financial planning

AMP’s renewed focus on financial advisers has seen adviser inflows on its North platform rise by 45% but assets at AMP Capital declined by 71% from a year ago....

image
Financial planning

A former AMP planner has shared how he was nearly driven to bankruptcy after the firm devalued his business....

image
People & Products

Global fund manager IFM Investors has appointed Ming Long to its board as an independent director....

image
People & Products

Global fund manager IFM Investors has appointed Ming Long to its board as an independent director....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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