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AMP to lose $3.4 billion in managed assets after LPT takeovers

THURSDAY, 29 MAY 2003 12:42PM

AMP will sacrifice a total of $3.4 billion in assets under management if the takeover bids for the AMP Shopping Centre Trust (ART) and the AMP Diversified Property Trust (ADP) go ahead...

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Editor's Choice

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI | 12:27PM

ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.

Treasury expects regulators to do the heavy lifting

MATTHEW WAI | 12:21PM

Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.

NGS Super names head of strategy

MATTHEW WAI | 12:17PM

NGS Super has appointed the former ASFA chair as head of strategy, as the fund aims to strengthen its retirement offering.

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI | 12:13PM

US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.

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