AMP

News

The Australian Securities and Investments Commission has issued a statement specifying that it has been and is still investigating AMP’s conduct with respect to fees for ...

Financial planning

AMP Limited has been asked why it left clients on under-performing platforms when cheaper and better-performing options were available....

Financial planning

Royal Commissioner, Kenneth Hayne has cautioned AMP Limited over the possible outcome of evidence suggesting the AMP Board may have been complicit in amending a report pr...

Policy & Regulation

Former financial adviser of the Salisbury Group and AMP affiliate, Charter Financial Planning Limited, Trevor William Martin, has been charged with dishonestly obtaining ...

Financial planning

The Financial Services Union has shown concern that “systemic and cultural problems” in the big banks have led to poor advice outcomes, following revealing evidence from ...

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....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

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

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 5 days ago