AMP

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

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. ...

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. ...

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....

Funds management

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

Funds management

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

People & Products

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

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...

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. ...

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...

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....

Funds management

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

People & Products

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

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks 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 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. ...

3 weeks 5 days 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 2 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 5 days ago