AMP

Financial planning

A former AMP Financial Planning adviser from Newcastle has been banned for five years after failing to manage conflicts of interest....

Financial planning

Two advice licensees have lost more than 26 per cent in their share price since the start of 2023, while another has seen gains of 35 per cent. ...

Financial planning

One in nine Australians aged over 50 expect to have $250,000 in unpaid debt in retirement – debt worries are leading to concerns about their ability to achieve their des...

Financial planning

Two of Australia’s largest licensees believe the removal of the safe harbour steps will have the greatest impact on advisers, but believe a new name is needed for the pro...

Financial planning

The financial advice profession should be embracing career changers and mature students, according to two commentators, as well as targeting those new graduates....

Financial planning

With Insignia’s sale of Millennium3 expected to see 140 advisers moving over to WT Financial by mid-December, this could cause a shift in which licensee closes out the ye...

Funds management

It is too early to think about rate cuts in Australia, according to Schroders, and even if they are paused for the time being, they could rise further over the next few y...

People & Products

Two independent non-executive directors have been appointed to the AMP board with a focus on digital transformation and technology....

Financial planning

AMP’s Matt Lawler believes financial advisers should be working together with super funds to improve the advice landscape, rather than competing, as well as ways to boost...

Financial planning

AMP intends to launch a digital advice service for both its advisers and its superannuation divisions next year....

People & Products

The financial services firm has internally appointed its next chief technology officer and executive committee member, following the resignation of Felicia Trewin last mo...

Superannuation

Making concessional and non-concessional contributions to superannuation funds are among the most common queries asked by financial advisers, according to AMP....

Financial planning

The decision by AMP to pay $100 million in settlement to members of the Buyer of Last Resort class action has been welcomed as providing closure, but one adviser told Mon...

Financial planning

AMP has announced it has reached a settlement decision in its Buyer of Last Resort class action proceedings, confirming how much it will pay advisers. ...

Financial planning

Morningstar has lowered its expectations for a rebound by AMP Bank as it feels the new digital bank is unlikely to improve the firm’s competitive standing....

 

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Wonder Dog

Thank God I sold my business....

1 hour 10 minutes ago
Chris Cornish

The Liberals have done a pretty good job of decimating the advice industry too....

19 hours 21 minutes ago
Chris Cornish

The greatest issue is that Stephen Jones and the federal Labor government are anting to prohibit retired Australians, wh...

19 hours 22 minutes ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago