AMP

Financial planning

IOOF has sought to ensure the retention of newly-acquired ANZ aligned advisers by offering participation in an ‘Adviser Recognition Program’ with vesting heavily reliant ...

Financial planning

AMP Limited has confirmed applying compliance criteria to buyer of last resort arrangements for planners looking to exit the company and the industry....

Financial planning

AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....

Financial planning

AMP has moved to float off its New Zealand wealth management business next year to create a standalone wealth management and advice business....

People & Products

A Deakin University student has won the 2018 AMP University Challenge and the $5,000 first prize. ...

Superannuation

After months of doubt, AMP Limited has received confirmation that it has lost one of its largest corporate superannuation mandates – Australia Post....

Policy & Regulation

The Australian Securities and Investments Commission has signalled that financial institutions with a poor breach reporting record are likely to find themselves dealing w...

Superannuation

Cloud-based self-managed superannuation fund provider Class appears to have weathered the exit of AMP SMSFs from its platform....

Superannuation

AMP Limited has lost a key corporate superannuation mandate – Anglican National Super Plan – to Mercer....

People & Products

The AMP Superannuation Limited board and N.M Superannuation Proprietary Limited board have appointed two independent non-executive directors. ...

Features

Anastasia Santoreneos investigates how much income is really needed for retirement and what strategies can be used before and after retirement to ensure income is sustain...

Life/Risk

AMP Limited has sought to rebut claims made during the Royal Commission that it engaged in misconduct in its deduction of superannuation fund members’ insurance premiums ...

Financial planning

The financial planning landscape is facing a tectonic shift as the major banks look to exit their wealth management business, something underlined in Money Management’s l...

Life/Risk

At least four of AMP’s corporate superannuation clients are in the process of reviewing their arrangements in the wake of successive rounds of hearings before the Royal C...

Policy & Regulation

A review by the regulator has described delays by financial institutions in reporting, addressing and remediating significant breaches as “unacceptable”....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 weeks 2 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

1 week 1 day ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week 2 days ago