AMP
Financial planning
If AMP’s joint venture with Ares around its private markets business comes to fruition it will have topped up the company’s commercial war chest but reshaping the advice ...
Funds management
AMP and Ares are moving to enter a joint venture which would see Ares own 60% of the AMP Capital Private Markets business....
Funds management
If Australian consumers continue high levels of online sales for the next five years then online shopping could be more akin to that in the UK and the US, according to AM...
Features
Mike Taylor writes that in the wake of Ares pulling back from its bid for the entirety of AMP Limited, the board and shareholders are being made patently aware that separ...
Funds management
Investors can be hopeful of being able to rely on dividends again as first half 2021 results have been the strongest for several years, according to AMP....
Funds management
Australian shares could outperform the US this year as the country recovers from the pandemic despite not having such a strong economic rebound. ...
Funds management
Some 61% of companies which have reported their first-half results have seen their profits rise compared to 36% in the previous half....
Financial planning
The board and shareholders of AMP Limited are being made patently aware that separating the company’s component parts is a dangerous strategy. ...
Financial planning
AMP Limited bidder Ares has dropped its bid for 100% of the company and is now only interested in AMP Capital leading AMP to declare that the future of its wealth busines...
Superannuation
Ten superannuation funds experienced outflows in excess of a billion dollars as a result of the Government’s COVID-19 hardship superannuation early release regime, with i...
Funds management
If the hedge funds were fundamentally right and the stocks go down, the day traders will get very badly burned, according to one financial commentator....
Financial planning
The Federal Court has ordered that AMP provide key documents around its buyer of last resort decision-making as part of the discovery process attaching to the class actio...
People & Products
Robert Coulter has been appointed as APAC business development director and will lead the firm’s distribution partnerships in the region....
Superannuation
New data has emerged suggesting as many as 5% of early release superannuation applicants entirely emptied their accounts while just 10 superannuation funds paid around 68...
Financial planning
AMP Financial Planning has lost its status as the single biggest financial planning group in Australia by adviser number, according to HFS Consulting’s data from 31 Decem...
Never miss the latest news and developments in wealth management industry
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...