AMP

Funds management

AMP Capital has announced it will rebrand as Collimate Capital to reflect the new direction following its demerger....

Financial planning

AMP has outlined a statutory net loss of $252 million for 2021 in its full-year results today, compared to a profit of $177 million a year ago. ...

Features

Managed accounts have come a long way in the two decades that they have been growing in Australia, Liam Cormican writes, but the only thing holding them back is their com...

People & Products

AMP has announced the appointment of Stuart Eliot as head of portfolio management for its multi-asset group, effective April 2022....

Superannuation

The voluntary super contributions jumped almost 30% due to a greater engagement with super during the COVID pandemic....

Financial planning

Chief executive, Alexis George, hopes to leave a legacy behind that will have revitalised the culture at AMP....

People & Products

Scott Hartley, AMP Australian Wealth Management chief executive, has been appointed to the Financial Services Council board of directors along with Challenger executive, ...

Financial planning

The first week of December sees heavy losses again in adviser numbers with a net change of advisers of over 120 while the net losses for the year stood at 2,062, accordin...

Funds management

Resources still have a “bright future” and could provide a hedge against inflation in an inflationary world but will be countered by the lower demand for coal, according ...

Funds management

AMP Limited will look to “better serve” the retirement market and take its products direct to clients following the demerger with AMP Capital’s private markets business....

Funds management

An additional post-tax impairment charges of approximately $325 million is expected in its FY21 financial results after a review of its balance sheet....

People & Products

Pella Funds Management has made its second appointment of a former AMP employee with the hire of Debbie Alliston for its advisory board....

Financial planning

Former AMP financial adviser, David Fong, and his Perth-based company Fong Financial Planners have been charged with dishonest conduct....

Superannuation

AMP superannuation trustees are to pay $45 million in remediation relating to final matters referred from the Royal Commission....

Funds management

Moody’s has downgraded its ratings to AMP Group Holdings and AMP Group Finance Services due to the smaller capital and earnings base post the demerger of its private mark...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 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 ...

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 days 11 hours 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...

2 weeks 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago