AMP

Features

The two largest financial planning organisations have increasingly been singing from the same hymn book in delivering their policy messages to Canberra but they are still...

Funds management

AMP has confirmed a takeover bid from major US player, Ares Management Corporation....

Funds management

AMP has recorded a better quarter prompting it to accelerate its business transformation while continuing the portfolio review process which has given rise to speculation...

Funds management

AMP’s New Zealand Wealth Management’s new index-based investment approach will see funds transition by the first half of 2021. ...

People & Products

Blair Vernon is only the acting chief executive of AMP Australia but he has been appointed to the board of the Financial Services Council....

Financial planning

A Parliamentary Committee will have to settle for court filings to find out more about AMP’s BOLR arrangements after the company cited the AMP financial adviser class act...

Editorial

The banks are out, scores of advisers are heading for the exits and it is time for Governments to stand back and let the financial planning industry succeed. ...

Top 100

Money Management’s 2020 TOP Financial Planning Groups research has confirmed the number of planners working at the biggest groups has dwindled to its lowest levels in yea...

Financial planning

The latest ASIC Financial Adviser Register has highlighted further losses of advisers, with current adviser roles dropping to below 21,500 while the numbers of planners w...

Funds management

AMP has defended its balance sheet and capital position in the face of another ratings downgrade from major ratings agency, Moody’s....

Financial planning

The wealth giant is looking at a range of options to drive efficiency in its human resource, legal function, and finance teams and roles could be impacted....

Funds management

AMP MyNorth’s managed portfolios have exceeded $1 billion in funds under management, while clients’ allocations remained steady through COVID-19....

Financial planning

The exodus continues among financial advisers offset in a small way by a modest but growing number of provisional advisers. ...

Superannuation

New data has revealed how thousands of superannuation fund members and a few super fund trustees crystallised their losses in a 30-day period of turmoil generated by the ...

Funds management

The country has fallen behind both developed and emerging market regions when it comes to equity performance....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

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

7 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day 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...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks ago