AMP

Financial planning

Former AMP-owned HHG is closing its global financial planning operations, Towry Law International (TLI), to new business due to the tough market conditions faced by advi...

Financial planning

AMP is confident of a reversal of fortune following last year’s $5.5 billion loss, announcing today a renewed commitment to regional wealth management and flagging allian...

Financial planning

AMP has revamped its fledgling non-super AMP Flexible Lifetime Investments product, which was launched in June 2003, by expanding the offering to include 47 different inv...

Policy & Regulation

The Australian Prudential Regulation Authority (APRA) has given directions to AMP Life, while the Australian Securities and Investments Commission (ASIC) has accepted an ...

Financial planning

AMP has confirmed that it is willing to review its investment platform strategy as part of a bid to rejuvenate its wealth management business under new chief executive An...

Financial planning

The perception that planners are doing it tough has been confirmed by this year’s funds under advice per planner figures. John Wilkinson reports....

Financial planning

Money Management’s Top 100 Dealer Group Survey highlights the enormous impact a National Australia Bank takeover of AMP would have on the financial services industry. Mik...

Financial planning

If the National Australia Bank is ultimately successful in nabbing AMP, it will unbalance the pillars of power says, Graham Rich....

Financial planning

AMP Limited has cleared one of the final hurdles to the demerger of its Australian and UK operations, following receipt today of ‘in principle’ approval from the Australi...

Financial planning

The life insurance industry has recorded falls in single premium sales of 12 per cent for the 12 months to the end of June, according to research released by Dexx&r....

Financial planning

AMP affiliated financial advisers in New Zealand are thumbing their noses at a proposed support package by the company to help them through the de-merger process....

Financial planning

AMP shares rose more than 25 per cent today to highs of $6.52 after National Australia Bank’s purchase of 34.3 million shares hinted to the market that the National is po...

Financial planning

AMP chief executive Andrew Mohl is confident of a slow but steady return to glory for the financial giant, and is now hoping for a boost to investor confidence following ...

Financial planning

AMP shares took a further beating in trading this morning, falling more than 9 per cent or 44c to record lows of $4.31, following the leak of a draft audit report in the ...

Financial planning

Insurer Rural & General Insurance Broking has attracted more regulatory attention, this time from the Australian Securities and Investments Commission (ASIC), over concer...

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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