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| | | ... the biggest fee cuts with the total expense ratio (TER) for a $50,000 balance dropping by more than 0.8%. It was followed by AMP Signature Super, Hostplus, LGS, NGS Super, Grow Super, Prime Super, MLC Super, SmartSave and QSuper. Finally, for those proponents ... |
| | | | AMP chief executive Francesco De Ferrari repeatedly refused to comment on the specific accusations of sexual harassment levelled at members of AMP's leadership team. Following reports that both AMP Capital chief executive Boe Pahari and former AMP ... |
| | | | AMP has reported a near halving of its wealth management earnings and announced it is buying back Mitsubishi UFJ Trust and Banking Corporation 15% stake in AMP Capital. The embattled wealth manager has reported its first half underlying profit was $149 ... |
| | | | ASIC has confirmed that it notified former AMP chair Catherine Brenner that it will not be taking any further action against her. A spokesperson for ASIC said that while Brenner was notified her case would not be pursued, the regulator continues to ... |
| | | | The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ... |
| | | | ... arrangements into place to safeguard the interests of super members over a long period. In 2018 Australian Ethical divested AMP over revelations about AMP's advice business that emerged during the Royal Commission. It cited fees for no service, failure ... |
| | | | AMP, Colonial First State, Equity Trustees, IOOF, Intrust, Netwealth and Suncorp have been caught out by the corporate watchdog for wrongfully assigning 'smoker' statuses to new members, with only four of the aforementioned businesses set to ... |
| | | | AMP has announced the departure of AMP Australia chief executive Alex Wade, effective immediately. Wade tendered his resignation and AMP accepted it, the group said. Chief executive of AMP's New Zealand Wealth Management, Blair Vernon, will replace ... |
| | | | AMP is launching a new range of managed portfolios, available on its flagship MyNorth platform. The actively managed IndexPlus range blends a low fee with low-turnover index-based investments, AMP said. The range includes five products with varying ... |
| | | | In a notice to the ASX, AMP said Lazard Asset Management has ceased being a substantial holder in the company. On June 30, Lazard sold more than 17 million shares in AMP worth over $29 million. In Lazard's June fund updates, AMP was among the top five ... |
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