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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
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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