AMP
Funds management
As the Reserve Bank of Australia cuts rates to 0.1%, the top performing Australian bond fund since the last rate cute returned 14.6%....
Financial planning
AMP has confirmed the opening bid from US private equity player, Ares, is valued at $1.85 per share....
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. ...
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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...