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AMP flags recovery, profit jumpsBY KARREN VERGARA | THURSDAY, 12 AUG 2021 12:26PM
AMP's 57% year-on-year jump in its half-year profit shows positive signs of recovery but it's still a far cry from the company it was four years ago.
Read more: Royal Commission, Alexis George, AMP Australia, AMP Bank, China Pension Life Company, Macquarie, MySuper, Platform North, Resolution Life, Scott Hartley, Shawn Johnson
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Find out why 44% of advisers are using managed accounts
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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