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Showing 1321 - 1330 of 4173 results for amp

Life industry steps toward trust

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
... standards framework. A memorandum of understanding signed by the two groups - whose members include the likes of AIA Australia, AMP Life, BT Life Insurance, ClearView, MLC Life Insurance, TAL Life, and Zurich - is set to ensure collaboration and dialogue ...

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
CHOICE has awarded AMP a Shonky for its "grossly underperforming" superannuation division, highlighting the AMP Retirement Trust and Super Savings Trust products. The consumer advocacy group said 55.5% of AMP's superannuation customer base comes from ...

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
AustralianSuper, AMP Super, IOOF, QSuper and Hostplus are just some of the funds that will front the committee for a two day hearing in Canberra in November as part of its ongoing review of the four major banks and other financial institutions. Other ...

Funds management excellence to be recognised

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2019
... Global Real Estate Investment Trust Principal Global Investors Quay Global Investors Resolution Capital Limited Real Assets AMP Capital Australian Unity Investments Charter Hall Group Infrastructure AMP Capital Colonial First State Investments Magellan ...

AMP combines business units, appoints new boss

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ...

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... under management (29.9%), followed by Macquarie (18.1%) and BT (14.4%). Much more modest growth in masterfunds was reported at AMP (2.4%), National Australia Bank/ MLC (1.6%) and Commonwealth/Colonial First State (5.3%). Wraps made up 45.1% of the total ...

AMP Capital cuts retail fees on Aussie equities fund

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
AMP Capital has almost halved the fees for the retail investors in its $680 million AMP Capital Equity Fund, bringing them at par with wholesale fees. The AMP Capital Equity Fund will charge 26 bps instead of 46 bps per annum in management fees. "AMP ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... era has been a disaster and with major banks announcing they are jettisoning their wealth/insurance arms and many like the AMP restructuring and downsizing their adviser networks," Daniels said. "Industry and consumers are justified in asking what exactly ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... senior end slowed as a result," the report found. "It was a year in which many candidates moved out of the Big 4 bank-owned and AMP wealth management businesses into smaller wealth management businesses and/or into other categories within financial services." ...

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
... Gregory-Aylett has over 20-years' experience in the financial services sector having previously held positions at MCL, ME Bank and AMP. General manager of advice, Darren Whereat said the role has been created to create a more efficient advice business. ...