AMP
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....
People & Products
Peter Varghese will not seek re-election at the end of his term and Rahoul Chowdry has been appointed as a non-executive director....
Funds management
Australian Foundation Investment Company has reduced the number of its total holdings from 85 to 71, selling out of Perpetual and AMP due to ‘sustainable competitive adva...
Funds management
In the wake of its money-laundering scandal, most funds that had a high allocation towards the bank managed to recover losses indicating the resilience of big banks....
Life/Risk
Resolution Life, the company which is acquiring AMP Life, has gone to the market and raised US$3 billion ahead of closing the AMP deal early next year....
Funds management
The common theme of the worst performing Australian equity funds was a focus on financial services holdings and little in property....
Features
A financial adviser class action against AMP Limited may not be in the best interests of all advisers, writes lawyer, Dan Mackay....
Policy & Regulation
The exit of the major banks means the original funding source for the Financial Adviser Standards and Ethics Authority will mostly dry up in May next year with advisers t...
Financial planning
A lawyer has questioned the value of AMP advisers signing up to a class action against AMP Limited when their individual circumstances can be significantly different....
Financial planning
Market analysts are pointing to some key obstacles for AMP Limited, not least the so-called ‘Halloween deadline’ for the exit of unprofitable planners....
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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...