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Showing 101 - 110 of 3820 results for "AMP"

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
Rest is closing its bonds and shares investment options to new members as of September 30. The $75 billion industry super fund said any request by existing members to switch funds into the bonds or shares options must be received by September 27. However ...

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... complete in the second half of next year. It's the first major announcement from SuperConcepts since it was offloaded by AMP to an investor group in June comprising private equity firm Pemba Capital Partners and several advice industry veterans. ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... efficiency and enhance customer experience through digital delivery. Prior to joining Bravura, Johnson held senior roles at AMP, TAL and Nano Digital Home Loans, where he was most recently B2B group executive. Before that, he was general manager at Challenger ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
AMP is facing legal action from global reinsurer Munich Re over potentially deceptive practices in past reinsurance arrangements. In a disclosure nestled within AMP's recent half-year results, it was revealed that AMP Limited and its subsidiaries, including ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
AMP has put to bed a class action relating to fee for no service scandals and misleading regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... factors, such as school holidays and an unusual uptick in leave-takers this period, as potential causes for the unexpected dip. AMP chief economist Diana Mousina said: "It seems that Covid-19 has caused some lingering issues with the seasonal adjustment ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... decrease in net tangible asset (NTA) backing per security during the year to $10.88 at 30 June 2023. Dexus further added the AMP Capital platform acquisition impacted NTA per security by 26 cents as a result of transaction costs incurred and management ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... partnered with Sandstone Insights to provide advisers with access to the latest equity research and analysis through the platform. AMP said the agreement is the first of its kind in the Australian platform market and reflects North's ongoing commitment ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
In the latest episode of the Financial Standard podcast, First Nations Foundation chief executive Phil Usher says superannuation is inadequate for meeting the needs of all Indigenous Australians, adding that change is needed to ensure better future ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... private equity, property, and infrastructure portfolios. He joins from Macquarie Asset Management, post the transition of the AMP Capital equities and fixed income businesses to Macquarie. Warner served as the global head of public markets at AMP Capital ...