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AMP

Policy & Regulation

The Australian Securities and Investments Commission has commenced proceedings against AMP Financial Planning in the Federal Court, alleging that it failed to ensure its ...

Financial planning

New analysis from Adviser Ratings has confirmed that more than 40 per cent of Dover advisers were recruited from the major bank licensees, AMP or IOOF....

Life/Risk

The latest Australian Prudential Regulation Authority data confirms AMP Limited’s insurance roots remains strong....

Financial planning

The Australian Securities and Investments Commission has banned a former AMP financial adviser for five years, after finding that he gave advice which was “well below com...

Financial planning

It would be foolhardy for non-bank advice firms to think that they are not the next focus of the regulator, according to the Fold Legal....

Financial planning

In an attempt to differentiate itself among the other four class actions already launched against AMP, Slater and Gordon has announced that it offers the best value to cl...

Tools & guides

Mindy Ding looks at how to navigate the maze of regulation that covers leaving superannuation to beneficiaries as part of an estate and explores relevant issues regarding...

Financial planning

Hot on the heels of the departures of its chief executive, group general counsel, chairperson and three directors, AMP has lost its chief risk officer, advice, with Pally...

Financial planning

AMP has been hit with another class action less than a week after announcing that it intends to “vigorously defend” itself against mounting claims, this time by Shine Law...

Financial planning

AMP Limited has defended grandfathering and has suggested removal of the arrangements would be tantamount to retrospective legislation....

Financial planning

Australian Ethical has announced it would divest from AMP for failing ethical investment standards. ...

Financial planning

As an embattled AMP faces multiple legal actions, the company has said that it “intends to vigorously defend the proceedings” filed against it....

Financial planning

The Finance Sector Union will represent AMP staff at the firm’s annual general meeting today to hear how the firm plans to rebuild its reputation after the Royal Commissi...

Financial planning

Three AMP Limited directors have opted to resign ahead of the company annual general meeting....

Financial planning

Newly-appointed AMP chairman, David Murray has acknowledged the possibility of more board exits generated by angry institutional investors at this week’s annual general m...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

3 days 22 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

6 days 16 hours ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 1 day ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

1 week 6 days ago