POWERED BY MOMENTUM MEDIA
AMP
Financial planning
Next week’s class action against AMP may well be remembered as the final fight by aligned planners against structural shifts over which they are ultimately powerless....
Expert Analysis
Many Australians fear running out of money so how can employers and super funds help ease these worries?...
Financial planning
The number of advisers at AMP is approaching less than 1,000, compared to over 2,600 at the start of 2019....
Funds management
The Federal Reserve raised rates by 0.75% last week but there are five reasons for Australia to take a dovish approach, according to Shane Oliver....
Financial planning
AMP Limited has been fined $14.5 million by the Federal Court for charging fees for no service to 1,452 superannuation members with the judge criticising the firm’s failu...
Funds management
There are reasons for optimism in global markets on a 12-month view, despite the short-term risks present, according to Shane Oliver....
People & Products
North’s managed portfolio offering has reached $6 billion in assets under management, more than double the size last August....
Financial planning
One in two employees say they are likely to seek financial advice in the next 12 months, according to AMP, as financial stress has doubled in the past two years....
Financial planning
AMP will return $1.1 billion of capital to shareholders, comprising $350 million via an on-market share buyback to commence immediately followed by a further $750 million...
Financial planning
Reflecting on 12 months as chief executive, AMP chief executive, Alexis George, believes the firm has made “significant progress” to improve....
People & Products
Resolution Life Australasia has appointed Tim Tez as chief executive, effective February 2023, replacing Megan Beer who will relocate to London in 2023 to become the chie...
Funds management
The inflation environment will be much higher than pre-COVID levels over the next two to five years despite pockets of deflation, according to AMP Capital....
Financial planning
AMP’s chief executive, Alexis George, has reflected on the firm’s response to addressing the mental health concerns of its adviser network following controversial changes...
People & Products
New management has been appointed for the $7.7 billion AMP Capital Wholesale Office fund after investors rejected AMP’s plans and voted to change the management and trust...
People & Products
Maple-Brown Abbott has launched an Australian small companies fund following the appointment of Phillip Hudak and Matt Griffin to the boutique investment manager in April...
Never miss the latest news and developments in wealth management industry
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...