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Showing 141 - 150 of 3827 results for "AMP"

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... performance over eight years. Around 30% of products had significantly high administration fees." One-size-fits-all risks AMP is calling out how the test will expand to superannuation wrap products, fearing that the results will end up wrong. If applied ...

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
In a bid to improve advice practice efficiency, AMP introduced a new Record of Advice (ROA) process to the platform, while also upgrading its MyNorth Lifetime Super Calculator. The new ROA template contains pre-formatted tables and charts detailing ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... Capital Partners and several advice industry executives is buying the SMSF administration business and its SuperMate solution. AMP is selling SuperConcepts to Pemba Capital Partners, which is co-investing alongside former Count Financial chief executive ...

NGS Super names chief executive

ELIZABETH FRY  |  WEDNESDAY, 7 JUN 2023
... owner in 2019 and was appointed its chief risk and governance officer in 2021. Before arriving at NGS, she spent four years at AMP as a senior manager of trustee governance and two years before that at Suncorp as manager of the office of the superannuation ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... that the latest decision by the nation's central bank will push it over the edge. Diana Mousina, deputy chief economist at AMP, said signs that the economy is weakening are everywhere. Retail sales has slowed, the unemployment rate is rising, building ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
A Mason Stevens whitepaper says that financial advisers are increasingly embracing outsourcing of their investment capability. Mason Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... have feared, but then it's bigger than last year's increases which were 5.2% for the minimum and 4.6% for the award," AMP chief economist Shane Oliver told Financial Standard. "Our rough calculation is that it adds about 1.25% to wages growth ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
AMP chief economist Shane Oliver says the risk of recession is rising alongside the Reserve Bank of Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
Allianz Retire+ bolstered its wealth management operations, with two state managers joining the distribution team in recent times. Stephen Armstrong joined this month in the newly created role of state manager for Western Australia (WA) and South Australia ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
AMP has made the chief executive role of its local wealth management business redundant as it restructures to a new operating model. Australian Wealth Management (AWM) will see chief Scott Hartley exit by the end of the year. "With the recent [AMP Capital] ...