AMP

Financial planning

AMP will be the first financial advice group to give testimony before the Royal Commission as it enters its round two hearings today....

Financial planning

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry will begin scrutinising financial advice with the major banks and AMP ...

People & Products

The Financial Services Council has shown its support for AMP’s mental health training by bestowing it with the Innovation in Retail Life Insurance award. ...

Funds management

AMP has launched a new product consisting of 12 separately managed portfolios, with the MyNorth Managed Portfolios offering being available across its superannuation rang...

Financial planning

New data has confirmed the degree to which the Government’s $1.6 million pension cap has choked flows into retirement income....

People & Products

AMP Limited’s head of retail sales, Stephen Craig, has departed the company. ...

Policy & Regulation

Australia’s five largest banking and financial services institutions have paid a further $21.4 million to customers who suffered losses as a result of non-compliant condu...

Financial planning

Ten per cent of advice files from the major banks and AMP sampled by the Australian Securities and Investments Commission proved to be of significant concern....

Financial planning

The Australian Securities and Investments Commission has signalled there are implications for all planning licensees from its work on the major banks and AMP....

Financial planning

AMP Limited has awarded individual planners and planning practices across its dealer group network....

Funds management

Australian value stocks’ returns have beaten those of their growth counterparts over the last decade, in contrast to global markets which have seen the opposite trend....

Financial planning

AMP Limited has claimed there is no evidence to substantiate claims that 'independent' financial advice is of better quality than that delivered by planners working withi...

Funds management

Active funds have outperformed funds tracking the ASX 200 in the Australian equity sector over the last 10 years, according to data from FE Analytics....

Financial planning

Major banks paid or offered customers $215.9 million of an estimated $219.5 million in refunds and interests for failing to provide advice....

Financial planning

AMP has announced the launch of a new goals-modelling engine as part of its goals-based customer strategy....

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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