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Showing 1121 - 1130 of 4172 results for "AMP"

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 ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
The US Department of Financial Services (DFS) has hit Deutsche Bank with a US$150 million penalty for the bank's relationship with disgraced financier Jeffrey Epstein. This marks the first enforcement action by a regulator against a financial institution ...

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
AMP has taken the AMP Capital Ethical Leaders Balanced fund off its investment menus for superannuation members. AMP super members in CustomSuper, Flexible Lifetime, AMP Flexible Super, SignatureSuper, SignatureSuper Select, SuperLeader and the Woolworths ...

Mandates from superannuation funds slow

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... Global Advisors tops the list a 6.4% slice of the $2.5 trillion market at March end. Vanguard Investments (5.6% share) and AMP Capital (5.2%) swapped the second and third spot in the year ending March They are followed by Macquarie Asset Management with ...

New appointment to TAA board

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... manager, company secretary and a director of Invest Blue, has joined the board. Invest Blue is an advice firm licensed by AMP Financial Planning. TAA represents AMP Financial Planning and Hillross financial advisers, and its board is made up of representatives ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... Commission with no commissions or fees to be disclosed to the consumer," she said. "At least if a consumer went to a bank or AMP-aligned financial planner pre-Royal Commission they would receive a Statement of Advice." Lusher is concerned that coaches ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Law firm Slater and Gordon has slammed AMP chief executive Francesco De Ferrari's criticism of litigation funding and class actions, as AMP continues to battle lawsuits sparked by the Royal Commission. Slater and Gordon head of class actions Ben Hardwick ...

AMP Life awards mandate post acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
A trustee has been appointed to AMP Life's superannuation funds, which hold more than $7 billion, following the sale of AMP Life to Resolution Life. Equity Trustees will be trustee for the super funds, replacing current trustees N M Superannuation and ...

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
The approved product lists AMP financial advisers are beholden to have come under fire from the House of Representatives Standing Committee on Economics. Labor MP Andrew Leigh questioned AMP chief executive Francesco De Ferrari on how the institution ...

ClearView announces board changes

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... director and president of the Actuaries Institute of Australia and managing director of Qed Actuarial. She has also worked at AMP and Towers Perrin in superannuation and financial services. Simon Swanson, ClearView managing director, said he was delighted ...