AMP
Financial planning
The Financial Services Council is calling on the Australian Securities and Investments Commission to include a 12-month transition period for licensees to adjust to chang...
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....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...