amp

Funds management

AMP looks to restore trust within three years

The transformation of AMP will be a three-year process as the firm seeks to regain client trust, according to chief executive Francesco de Ferrari....

Funds management

Merlon holds onto AMP despite ‘value-destructive’ life insurance sale

Merlon Capital Partners persists in keeping its top holding in AMP despite describing the firm as being a ‘laggard’ contributor during September for its Australian Share ...

Policy & Regulation

Industry needs to keep pressure on govt

The current setup in Canberra is workable for financial advisers, but may get tougher as the economy weakens, according to AMP....

Financial planning

AMP wealth arm and bank to merge

AMP Limited has announced key senior leadership changes which have followed the decision to bring together its banking and Australian wealth management business units int...

Financial planning

Brutal AMP may be on shaky ground says lawyer

AMP has been described by a lawyer as having been brutal in its approach to advisers and Buyer of Last Resort but he argues that the company is on far from firm ground wh...

Policy & Regulation

BOLR: not cut and dried

Melbourne-based lawyer, Dan Mackay, argues that AMP is on far from firm legal ground in its approach to advisers and Buyer of Last Resort....

Financial planning

Does the future of wealth lie in mutual structures?

The entry of the banks and the end of mutual structures in the Australian wealth and insurance sectors has been a disaster which may be capable of repair by returning to ...

Features

Super fund comparability ahead of retirement

AMP’s Alex Wade points to the challenges inherent in comparing superannuation funds for pre-retirees and argues for more use of risk-based comparisons. ...

Superannuation

Super data needs to be risk-based

Digestible investment risk data for superannuation funds needs to be standardised by APRA to help members compare apples with apples, according to AMP. ...

Funds management

Which funds are affected by Saudi Arabia attacks?

An attack on a large Saudi Aramco oil field in Saudi Arabia has caused concerns around global oil supply and a rise in geopolitical tensions. ...

People & Products

AMP launches fee calculator for MyNorth

AMP’s MyNorth wrap platform has a new web-based fee calculator to help advisers and clients quickly calculate annual platform fees....

Funds management

AMP’s Advantage Funds hit $2bn

AMP has announced that its Advantage Funds have grown to more than $2 billion in assets under management in less than two years....

Financial planning

Shares boost for AMP CEO De Ferrari

AMP chief executive, Francesco de Ferrari, has been given an increase in his performance rights by over six million, according to an announcement on the ASX....