AMP

Financial planning

Fund managers AXA and AMP outperformed the sector in terms of asset growth during the June 2005 quarter, according to preliminary findings of a Standard & Poor’s Market S...

Financial planning

Babcock & Brown has decided to float its wind energy fund, beginning the process with an initial public offer of stapled securities in Babcock & Brown Wind Partners....

Financial planning

Increasing inflows through financial planners will play a vital role as AMP attempts to double in size over the next five years, chief executive Andrew Mohl said today....

Funds management

Indecision by financial planners over how to allocate property to client portfolios under current market conditions was a key motivator for the launch of AMP Capital Inve...

Financial planning

AMP Financial Planning has beefed up its adviser support network by adding an extra 70 in-house staffers....

Financial planning

A repeat of the changes in funds under management seen during the March quarter will elevate Macquarie Bank to Australia’s largest asset manager, knocking Commonwealth Ba...

Life/Risk

AMP has extended its Flexible Lifetime range, introduced enhanced product features and updated commission options in the risk and insurance areas....

Financial planning

Older Australians and those more educated about super choice are more likely to stay in their existing fund when the new regime is introduced, while the less informed are...

Financial planning

ANZ chief executive John McFarlane has played down speculation he will expand the bank’s wealth management business through acquisitions in the near future, while announc...

Financial planning

Russell Investment Group will hand over the administration of one of Australia’s oldest corporate superannuation funds in April next year after AMP declared it was transf...

Financial planning

Macquarie has joined a limited number of platform providers that are rebating fund manager volume discounts back to clients....

Financial planning

Advisers selling Term Allocated Pensions (TAPs) have been warned they may be putting themselves in the firing line of future litigation because of the higher commissions ...

Financial planning

Investors are less interested in the fees-versus-commissions debate and much more interested in finding an adviser they can depend on, writes Craig Dunn....

Financial planning

AMP Financial Planning, as of next year, will demand its more than 1,000 authorised representatives sit an annual exam before they can continue practicing under the banne...

Financial planning

Boutique investment group Select Asset Management has stepped up its push into the absolute return and alternative investment space, bringing former Berkley Group head of...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 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 ...

4 months 2 weeks ago

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

6 months 2 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. ...

1 week 4 days ago

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

3 days 6 hours 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. ...

4 days 10 hours ago