AMP

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...

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....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

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

5 months ago

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

7 months 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. ...

3 weeks 5 days 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...

1 week 1 day ago

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

2 weeks 4 days ago