amp

Financial planning

AMP's super product AMP Flexible Super has notched up over $10 billion in assets under management this month....

Funds management

Funds under management and advice (FUM/A) held in retail and wholesale managed funds shot up by 16.4 per cent to $953 billion in the 12 months to September....

Financial planning

Is there room for smaller planners in scaled advice?

Is scaled advice a game only the big guys can play? Malavika Santhebennur explores some of the things that might be stopping smaller financial planning practices from pro...

People & Products

AMP appoints new SMSF head

AMP has appointed an executive who will take the responsibility for its SMSF business unit....

Superannuation

AMP SMSF acquires Supercorp’s YourSMSF

AMP has added 1,200 accounts to its self-managed superannuation fund (SMSF) business after acquiring Supercorp’s SMSF administration business YourSMSF. ...

Funds management

AMP in $200 million capital raising

AMP seeks to raise $200 million on ASX to optimise its balance sheet....

Superannuation

ANZ plots new SMSF course

ANZ sells its Super Concepts business to SuperIQ as it plots new strategy on SMSFs. ...

Superannuation

ANZ eyes digital SMSF market

ANZ has traded SMSF accounting business Super Concepts to part-AMP-owned Super IQ as it redirects into the digital SMSF space....

Superannuation

The real cost of SMSF licensing for accountants

A choice of licensing options now faces accountants who want to handle SMSF business, so it’s important for them and advisers that they make the appropriate choice, write...

Editorial

FPA/Cbus deal signals a new approach for planning industry

Mike Taylor writes that the FPA’s referral arrangement with big industry fund Cbus represents yet another indicator that, having lost the war prosecuted by the industry f...

Editorial

Another tough quarter for AMP’s life business

AMP’s life insurance arm had a $24 million loss in Q3, half of which came from lapsed policies....

Superannuation

AMP arm makes another SMSF acquisition

AMP has made another move into the self-managed superannuation fund (SMSF) market, with one of its subsidiaries picking up faltering administration business Tranzact. ...

Editorial

ASIC set to crackdown on financial planner payments

There are suggestions that ASIC may have concerns about “transition” and “retention” payments made to financial planning principals, and as Mike Taylor reports, perceptio...