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Showing 1271 - 1280 of 4173 results for amp

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... staggering 57.5%, netwealth 30.8%, OneVue 28.2% and Praemium 28.1%. It was a different story for the big institutions. ANZ and AMP were in negative territory, down 5% and 1.9% respectively. For IOOF retail managed funds had a little boost of 6.2%, Commonwealth ...

Financial Standard Holiday Cooking Guide 2019

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... ago, and we've brought it back this year after an extended hiatus. For the full experience click here to see recipes from AMP Capital's Marsha Beck, Viridian Advisory's Glenn Calder, Sunsuper's Anne Fuchs and Colonial First State's ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... additional fees will be "directed towards providing better products and services for you, not paying profits to shareholders." 4. AMP given the boot by AFL This month Financial Standard revealed AMP lost its long-standing super mandate with the Australian ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... NAB to distribute life insurance products and continue to use the MLC brand, but is on a mission to divest its holding. 7. AMP advice lead rejects AMPFPA claims In early August AMP announced its plans to reshape its advice offering, including the highly ...

AMPFP ceases MDA services

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
AMP Financial Planning has ceased providing managed discretionary account services following the imposition of tailored licence conditions by ASIC. ASIC tailored AMPFP's MDA licence conditions in March this year - the extra conditions meant a senior ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... saw a marked increase in sessions, hitting one of its highest points in April 2018 at 3256. At the same time the likes of AMP and the big four testify in relation to misconduct in their financial advice arms. "Upon publication of the Hayne Royal Commission ...

Half of all AFSL applications approved

ELIZABETH MCARTHUR  |  MONDAY, 16 DEC 2019
... regulatory approach when it comes to enforcing licensee compliance. ASIC's additional license conditions imposed on IOOF and AMP Financial Planning were highlighted as examples of the regulator's approach. ASIC executive director, assessment and intelligence ...

The dark horses of Aussie shares funds

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
As underperformance continues to plague active managers, here are the names of the Aussie shares funds that managed to beat the S&P/ASX 200 in the year to October. The 12 months to October were particularly bad for active managers. As the S&P/ASX 200 ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
AMP has informed licensees and financial advisers it will phase out contribution fees in Q1 2020. In a letter from AMP managing director of superannuation, retirement and platforms Lara Bourguignon, AMP has said it will cease charging and paying contribution ...