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AMP
Financial planning
AMP Capital was a major bright spot for AMP as the company confirmed the exit of 440 advisers, an impairment bill of $2.35 billion and challenging times ahead when report...
Financial planning
The two organisations representing planners operating under the AMP umbrella – the AMP Financial Planners Association and the Hillross Advisers Association have merged....
Financial planning
Compensation paid by the six largest banking and financial services institutions for fee-for-no-service and non-compliant advice is at $749.7 million, according to the co...
Financial planning
The Australian Securities and Investments Commission has driven home the message that it will look beyond adviser misconduct to those who allowed it to occur....
Financial planning
The Australian Securities and Investments Commission has announced that AMP has been ordered to pay $5.175 million penalty after failing to prevent insurance churn by its...
People & Products
James Georgeson has been appointed as AMP’s chief financial officer after acting in the role since August 2019....
Financial planning
As AMP moves to exit up to 250 financial planning business over 80 planners say they will face financial ruin as a result....
Superannuation
AMP Limited has announced investment fee reductions impacting clients across MySuper, choice and cash and term deposit products....
Financial planning
The global financial services industry has seen deals for December 2019 stand at $32 billion, according to GlobalData’s deals database....
Funds management
Only two funds in the least risky sector that had the least volatility managed to beat the sector return average, according to data....
Life/Risk
AMP will partner with AIA Australia and TAL to expand its wrap platform insurance offer....
Funds management
Growing financial advice practices to gain scale to meet the challenging new environment is being made harder by bank lending policies....
Financial planning
AMP is partnering with its advisers to offer free financial advice to Australians who suffered loss due to the recent bushfires....
Financial planning
AMP’s proposed new wealth business model has been mapped out for a Parliamentary committee....
Financial planning
Former AMP and NAB authorised representative David O’Brien has been banned for failing to make sufficient inquiries into his client’s circumstances....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...