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Showing 1281 - 1290 of 4173 results for amp

AMP Capital commits more to Melbourne students

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
AMP Capital has expanded its investment in the University of Melbourne, acquiring the student accommodation concession for its latest campus. The $150 million, 42-year deal was made on behalf of investors in the AMP Capital Diversified Trust (ADIT) ...

AMP welcomes former PwC partner

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
AMP has announced changes to its board, with the appointment of a former PwC partner as a non-executive director. Rahoul Chowdry will join the board, effective January 1, having held leadership and senior executive roles in the professional services ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
Super Consumers Australia (SCA) has slammed AMP in an open letter to the board; criticising the wealth giant for significant delays in its "abhorrent" handling of group insurance claims. Citing APRA's Life Insurance Claims and Disputes data released ...

Culture index launched

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
... organisational culture was the major contributing factor to the types of failings witnessed at organisations like Westpac and AMP. "It's universally acknowledged that transparency is the greatest regulator. The notion of transparency pivots thinking ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... products, 12 are offered by industry super funds. The remaining three are all corporate superannuation products offered by AMP, with Brookfield Australia MySuper, Macquarie Group MySuper and Woolworths Group MySuper all performing above benchmark across ...

New hires, mandates at Link

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
... services most recently as senior manager, investment control at SAS Corporation. Previously, Sipek spent over seven years at AMP Capital as director of investment services and head of operations. He was also head of investment operations at Colonial ...

K2 head of distribution departs

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... $3.6 million, of which $1.3 million was transferred to other K2 funds, the company said in ASX filings. Earlier this month, AMP swapped out the K2 Australian Absolute Return Fund, which had managed $46.8 million for some of its superannuation options. ...

AMP cuts ongoing advice agreements

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
AMP announced it will introduce annual agreements for clients who currently receive ongoing financial advice. During 2020, ongoing advice agreements will be phased out for all AMP-aligned and employed advice networks. "We have been considering the best ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
ASIC commenced civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... Smart Choice Super reported a juicy 26% return for the period. International equities options delivered 12.9%, with the leader AMP Simple Super reporting 18.1% returns for the period. Property options averaged 14.2% returns for the 12-months to October. ...