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| | | | AMP Limited has posted half year underlying profits of $383 million, up 4.4 per cent compared to last time, buoyed by stable earnings from its insurance and wealth management arms. The company declared an interim dividend of 15 cents per share, 60 per ... |
| | | | Many retirees are unaware of what retirement products are and still see their nest egg's main purpose is to fund lifestyle needs, regardless of the industry-wide trend towards income streaming of retirement payments, reveals new research. The study ... |
| | | | The election campaign has bypassed too many key issues important to older Australians, according interests groups that aim to represent the segment. Speaking outside parliament House in Canberra this morning, largely deserted as most politicians are ... |
| | | | AMP Capital Investors hopes to service its clients' increasing appetite for global mandates with the opening of a new North American Infrastructure office - making high profile recruitments to get things underway. "AMP Capital is one of the most experienced ... |
| | | | Australia's funds industry might lead the world in terms of government policy, but is badly let down by its poor leadership, said Roger Urwin, global head of investment content at asset consultant Towers Watson. Urwin, speaking at the Fund Executives ... |
| | | | AMP has officially opened its retail financial planning centre in Parramatta - giving clients the opportunity to visit a one-stop shop for their planning needs. The centre was officially opened by AMP chief executive Craig Dunn and Parramatta lord mayor ... |
| | | | AXA Investment Managers has appointed Mercer global chief investment officer, Tim Gardener, as global head of consultant relations. Reporting to Jon Bailie, global head of distribution and member of the AXA IM Management Board, Gardener will be responsible ... |
| | | | Funds need to ramp up their operational reserves, according to new research from Mercer. "As a minimum, we recommend that all funds should have an operational risk reserve equal to either 100 per cent of the fund's annual in-house operating costs, 50 ... |
| | | | With the ink hardly dry on the Cooper Report's recommendations for a Trustee Code of Practice, the prudential regulator APRA has released revised trustee guidances on capital structures, risk management, resources adequacy and trustee fitness. Following ... |
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