AMP

Funds management

The Australian Prudential Regulation Authority (APRA) is again being sued for defamation by Rural & General Insurance Broking, following an earlier aborted defamation pro...

Financial planning

Morningstar has downgraded AMP’s overall manager rating from four to three stars, following a combination of downgrades to forward-looking qualitative ratings and declini...

Financial planning

AMP Australian Financial Services has selected Asgard as the service provider for its e-wrap platform following an extensive due diligence process of potential providers....

Financial planning

AMP confirmed today that it has received preliminary proposals from other financial groups regarding a possible acquisition, chairman Peter Wilcox told investors at the g...

Funds management

With over two decades in the game, dealer manager Michael Summers has always kept his practices ahead of their time. John Wilkinson reports....

Financial planning

The Australian Securities and Investments Commission (ASIC) has banned a South Australian man from acting as an investment adviser or as a representative of a securities ...

Editorial

Suncorp Metway has recorded a slight profit increase in the six months to December last year, despite a sharp drop in the performance of its wealth management division....

Financial planning

Investment sentiment among both financial advisers and investors is at rock bottom, according to surveys conducted by Adviser Ratings and the Australian Investors Associa...

Financial planning

Ex-AMP Financial Planning adviser Klinton Jay Lehman has been banned from acting as a representative of a securities dealer or of an investment adviser for four years by ...

Financial planning

AMP will pick a new wrap platform for its dealer group by the end of the first quarter of this year after having drawn up a shortlist according to AMP Financial Services ...

Financial planning

When Rob Davy retired after 27 years with Outlook Financial Planning, including many as its general manager, the only thing on his mind was a well earned break....

Financial planning

AMP has today flagged a possible $1.2 billion writedown of its troubled United Kingdom Financial Services (UKFS) and AMP International businesses....

Financial planning

The recently appointed head of AMP, Andrew Mohl has wasted no time in giving the company a shake-up by moving “quickly to reform” the giant life and financial services co...

Financial planning

AMP says that it has replaced share options for its executives with a new ‘Performance Rights’ program which delivers a pre-determined number of AMP shares in three years...

Financial planning

AMP’s newly minted CEO, Andrew Mohl, has claimed the financial services giant is not looking to exit the UK market following concerns the group’s UK based Pearl operation...

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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 3 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 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 3 hours ago