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AMP
Financial planning
Almost all adviser groups experienced adviser losses in 2021 except small self-licensed advisers which has been the “one area of growth”, according to Wealth Data....
Tools & guides
John Perri answers common questions on downsizer contribution strategies and explains the key rules and eligibility criteria to utilise the option for clients....
Top 100
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
Funds management
The Evergrande issue is unlikely to develop into the “GFC-style event” that investors fear, say commentators, but it will depend on how the Chinese government handles the...
Financial planning
With one-in-six Australian children living below the poverty line, children’s charity Variety has launched a free financial counselling program for families of children w...
Financial planning
IOOF, AMP, and NTAA Group have disproportionally lost the most advisers since the start of the year compared to the rest of the sector, according to Wealth Data....
People & Products
One month into her role as chief executive, Alexis George, has announced several changes to the firm’s executive committee ahead of its demerger from AMP Capital Markets....
Funds management
Investors should not underestimate the speed and magnitude of an upturn, with commercial office vacancy rates expected to drop sharply in the next two years across Austra...
Funds management
AMP’s wealth management arm has seen a decrease in its net profit after tax thanks to the impact of advice practice impairments, pricing and legislative changes....
People & Products
Ben Hillier has been appointed as general manager – retirement solutions and will lead AMP’s development of financial solutions across the AMP Australia business....
Superannuation
Industry Super Australia say changes on the performance test is a backflip by the Government, while AMP praised the move as they believe funds will be judged on their cur...
Policy & Regulation
A review from the corporate regulator of the six largest financial services institutions shows they have collectively paid or offered $1.86 billion in compensation for fe...
Financial planning
The corporate watchdog is suing six AMP firms after it allegedly charged $600,000 from over 1,500 customers fee-for-no-service from their corporate superannuation account...
Financial planning
AMP’s new service model will allow the release of institutional ownership and will cease buyback arrangements, but advisers have until the end of the year to leave the ne...
Financial planning
Despite the credible complaint against him, the former AMP employee who accused Boe Pahari of sexual harassment says female employers at the firm expected her to return t...
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MARKET INSIGHTS
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...