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Showing 1021 - 1030 of 4171 results for "AMP"

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
BlackRock has won a passive investment strategy mandate from AMP New Zealand for an undisclosed amount. AMP's subsidiary AMP New Zealand Wealth Management (NZWM) has awarded the mandate to BlackRock Investment Management to deliver the new indexed ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... data on the MoneySmart site, the industry average for claims accepted on life insurance through a financial adviser is 80.8%. AMP, CommInsure, MLC and Zurich were all above that average (CommInsure had the highest claims acceptance rate at 89%). Asteron ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... won an unlisted infrastructure and timberland mandate during the period, managing a share of the portfolio with the likes of AMP Capital and Global Infrastructure Partners. A number of fund managers lost their mandates, including HarbourVest Partners ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
Consolidation in the financial advice industry is leading to a second wave of advisers leaving big institutions and potentially taking the self-licensing path. This is according to Centrepoint Alliance group executive of advice Paul Cullen, who said ...

Acting AMP Australia chief joins FSC board

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
The Financial Services Council (FSC) has announced the acting chief executive of AMP Australia, Blair Vernon will join the FSC board as a director. FSC said Vernon is an experienced financial services executive with significant capability across a range ...

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
... industry fund Rest. AustralianSuper dropped to number five in the Australia CX Index. Superannuation offerings from MLC and AMP took the sixth and seventh spots respectively. Forrester Research, a US market research firm, surveyed more than 2800 members ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
Despite COVID-19 volatility, financial advisers have managed to deliver value of 5.2% or more each year to clients, according to new research. It's the key finding of Russell Investments' Value of an Adviser Report for 2020, saying this is the case ...

A new model is coming: Licensees

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... feeling is that as an industry the dynamics are changing. We've got the banks out of wealth... We've got two institutions in AMP and IOOF left," he said. While Whereat acknowledged that the big banks getting out of financial advice was not necessarily ...

AMP names incidents, issues lead

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2020
AMP has hired a former CommInsure risk expert to oversee the issues and breaches facing the firm. Angela Papas has started her new role at AMP Australia as head of incidents, issues and breaches. Papas spent over four and a half years at CommInsure ...

Sexual harassment rife in financial services: O'Neill

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... Senator Deborah O'Neill has said the sexual harassment of women is rife within the financial services industry, not just at AMP. Speaking to the Financial Services Council at a virtual event, the Senator said she was disturbed after hearing of the ...