Search ResultsShowing 1 - 10 of 22 results for "AMP Super"
Group life premiums topple benefits paid: Research
KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... research found the gross five-year payout ratio for NFP funds was 51%, while retail funds recorded a 41% margin. AMP Super topped the ladder, raking in $4.7 billion in premiums and paying 42% or nearly $1.95 billion in benefits. Industry fund ...
AMP Super, board slapped with licence conditions
KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... several areas of superannuation law. AMP Superannuation and N.M. Superannuation Proprietary, collectively known as AMP Super, were slapped with new directions and licence conditions because APRA wants to see "significant changes" to business ...
AMP faces super fee gouge class action
KARREN VERGARA  |  THURSDAY, 30 MAY 2019
AMP said it will "vigorously" defend the class action launched by Maurice Blackburn Lawyers, alleging it overcharged superannuation fund members fees unjustifiably. Backed by litigation funder Harbour, the law firm filed a class action seeking ...
APRA grilled over superannuation
KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... in 2017 and branded it as "robust". Then in August this year, it was revealed that APRA had expected to question AMP Super on the framework. "On the one hand, last year you were looking at the processes and the documents and saying, 'this is a ...
Aussie funds among the world's largest asset owners
KANIKA SOOD  |  MONDAY, 12 NOV 2018
Nine Australian funds, including four superannuation funds, have ranked among the world's largest asset owners in a new study. The inaugural Asset Owner 100 study from Willis Towers Watson's Thinking Ahead Institute looked at the ...
Former AustralianSuper risk boss joins AMP super boards
HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... clients. He joins the boards of AMP Superannuation and N.M. Superannuation. Joining Brain as a new face on the AMP Super boards is a former group executive of Perpetual's equities division, Cathy Doyle. Doyle's career includes 25 years of work ...
AMP, CBA respond to record class action bid
JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... its Get Your Super Back campaign yesterday, Slater and Gordon alleged CBA-owned super fund Colonial First State and AMP Super failed to obtain competitive cash interest rates on cash option funds and charged exorbitant fees. Slater and Gordon ...
AMP incorrectly charged more than $26 million: Royal Commission
HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... members more than $26 million in fees. AMP found itself in the witness box on Day 48 of the Royal Commission; with AMP Super chair Rick Allert answering questions in the morning session before AMP director of regulatory governance Rachel Sansom ...
Super funds suit up for Royal Commission
KARREN VERGARA  |  MONDAY, 6 AUG 2018
... of interest are influencing super funds and letting ordinary working Australians down. AustralianSuper, Cbus and AMP Super are among 14 retail and industry super funds, collectively managing about $700 billion, which made the witness list for ...
Super under microscope at Royal Commission
DARREN SNYDER  |  MONDAY, 23 JUL 2018
... In an update on Monday, the Royal Commission listed the companies and entities that will appear, including: AMP Super and NM Super (AMP) AustralianSuper Catholic Super Colonial First State (CBA) Electricity Supply Industry Superannuation ...
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