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AMP
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....
People & Products
AMP’s Invest Blue and Russell Investments have developed new managed portfolios which will be offered through AMP’s wrap platform MyNorth. ...
Financial planning
AMP was both legally and morally within its right to amend buyer of last resort arrangements which had become commercially unsustainable, according to the company’s chief...
Expert Analysis
Labor Senator Deborah O’Neill cautions AMP Limited against its treatment of financial advisers with respect to their buyer of last resort arrangements, arguing that such ...
Funds management
Equity, bond and multi-asset sectors all saw high volumes of 1 Crown-rated funds in the latest FE fundinfo Crown Ratings rebalance. ...
Financial planning
AMP Limited is undertaking a portfolio review amid what it describes as increased interest in its assets and businesses....
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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...