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Showing 1031 - 1040 of 4171 results for "AMP"

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... clients' money to fund his lifestyle to the tune of $1.1 million, including $72,000 he spent on a boat, while licensed by AMP, NAB and Synchron. Anthony Dick has been sentenced to eight years in prison with a non-parole period of two years and eight ...

AMP Capital included in UNPRI Leaders Group

ALLY SELBY  |  THURSDAY, 8 OCT 2020
AMP Capital has been included in a prestigious list celebrating excellence in responsible investment, amid a turbulent year during which controversy after controversy has rocked the investment manager. AMP Capital was named alongside 16 asset owners ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Netwealth has experienced a leap in inflows for the September quarter of $1.9 billion, bringing total funds under administration to over $34 billion. The figure represents a 24.5% increase in FUA net inflows against the prior corresponding period. Its ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
AMP and former employee Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Last night's superannuation reforms could be a "modest negative" for AMP, IOOF and Link Group but have no impact on Netwealth and HUB24. The government is proposing to subject all MySuper products to a new APRA-administered annual test from July 2021 ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... AR Wealth and Finance. Previously, Goel was licensed by two of Australia's largest licensees, Synchron (2016-2018) and AMP (2013-2016). Goel's behaviour was uncovered when AustralianSuper handed ASIC a report in 2019 containing concerns the fund ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

AMP flags redundancies

KARREN VERGARA  |  THURSDAY, 1 OCT 2020
AMP has confirmed that redundancies are on the horizon as the group makes transformational changes to its business and culture. The firm is currently undertaking changes to its global workforce in a bid to centralise some business services. "Our focus ...

Aussie fundie receives global recognition

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
... time has delivered 11.09% per annum net of fees, beating its benchmark return of 9.06%. Before Fidelity, Howitt worked at AMP Capital and the Boston Consulting Group. Other fund managers who made the list include: BlackRock's Erin Xie, PineBridge ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... know. However, in an environment which is seeing a further major disruption at the big end of town (with IFL moving on MLC, AMP and BTFG possibly for sale, and Colonial moving to KKR), it is creating an unprecedented opportunity in the independent space ...