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Showing 1111 - 1120 of 4171 results for "AMP"

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... advisers who have left the industry may be even higher, as some new entrants were added to the ASIC FAR in the same period. AMP Financial Planning lost the most advisers, with 153 leaving the licensee. AMPFP now has 1011 financial advisers remaining ...

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
... of wealth Paul Rohan, Challenger chief financial officer Andrew Tobin, BT general manager of platforms Kathy Vincent, and AMP Australia chief executive Alex Wade. FSC chair Lloyd welcomed the new directors, highlighting the global leadership and experience ...

Merged First State Super reveals new brand

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
The $120 billion fund has picked a new name, with the First State Super name expected to be dropped from September. Meanwhile VicSuper's brand name will be retained for the interim. Both First State Super and StatePlus brand names will be replaced ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
Senator Deborah O'Neil has revealed she was told by ASIC that AMP's Buyer of Last Resort (BOLR) agreements being altered and subsequently slashing the value of advice businesses was not a priority for the regulator. In a letter to the chair of the Parliamentary ...

AMP hit with credit downgrade

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications. The rating assigned to AMP Bank remains unchanged by S&P at BBB+. The change to the credit rating is ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... Cbus. For the retail sector, Roy Morgan's survey saw Colonial First State come out on top, followed by OnePath, MLC, BT and AMP. Roy Morgan chief executive Michelle Levine said the relatively high satisfaction rating is due to the significant bounce-back ...

Global infrastructure proves profitable: LGIAsuper

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
LGIAsuper has recorded a 14.67% return from its ISQ Infrastructure fund in its latest quarterly figures. The fund is operated by global infrastructure interment manager I Squared Capital (ISQ) and LGIAsuper has invested around $368 million. The relationship ...

Regtech adds to advisory board

ALLY SELBY  |  MONDAY, 13 JUL 2020
... appointments, which it says will help prepare the company for expansion into the US, UK, Canadian and European markets. Former AMP director of technology Giovanni De Angelis and corporate lawyer Michael Dodge have been appointed as a tech adviser and ...

Macquarie tops mandate league tables

KANIKA SOOD  |  FRIDAY, 10 JUL 2020
... Mercer, Pendal, Janus Henderson, UBS Asset Management and internal teams took one each. DWS, Kayne, Charter Hall, Barwon and AMP Capital won two mandates each in property. However, looking past the number of mandates and focusing on the dollar amount ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... billion) and OneVue ($1.2 billion). During this same period, competitors Colonial First State, IOOF (OnePath), BT, MLC and AMP saw outflows of approximately $1.1 billion, $1.9 billion, $2.8 billion, $4 billion and $5 billion respectively. BT is still ...