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Showing 1461 - 1470 of 4173 results for amp

Ausbil launches dividend income fund

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... fund's portfolio manager is Michael Price who joined the boutique last year, leaving his role as the head of equities at AMP Capital where he managed the sustainable equities and equity income strategies and also had the oversight of the $16 billion ...

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... clients to establish SMSFs without considering their personal circumstances during her time as a representative of former AMP subsidiary, SMSF Advice. The corporate regulator also found Thorne "hadn't properly considered her clients' existing ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... $6000, equating to $3 million in exit fees per annum. IOOF is still in the process of undertaking further analyses, he said. AMP announced yesterday it will lose $30 million when it transfers 370,000 low-balance super accounts to the ATO. Part of the ...

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
AMP will take a $30m hit to the hip pocket if it is forced to send 370,000 low balance super accounts to the ATO. Following the Senate passage of the Government's centerpiece superannuation legislation late last week, AMP informed the market it would ...

Perfect storm smashes AMP

HARRISON WORLEY  |  THURSDAY, 14 FEB 2019
AMP suffered a 97% profit drop in 2018 and it's flagging a reshaped financial advice network into 2019. AMP recorded statutory net profit of $28 million last year, but the result is worth 3% of its 2017 full-year profit of $848 million. Discussing ...

Macquarie wins Investment Manager of the Year

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
... market return plus some downside protection if the markets turn south." Macquarie Investment Management topped other finalists AMP Capital, BlackRock Investment Management, Dimensional Fund Advisors and Vanguard Investments. Macquarie was also a finalist ...

AMP Capital appoints managing director Australia

JAMIE WILLIAMSON  |  TUESDAY, 12 FEB 2019
AMP Capital has created a new managing director role for its Australian business and promoted its head of institutional. Marsha Beck has been promoted to the new role, effective immediately. Having joined in 2015, Beck was most recently leading AMP ...

Ferrari restructures AMP wealth leadership

HARRISON WORLEY  |  THURSDAY, 7 FEB 2019
AMP chief executive Francesco De Ferrari has made sweeping changes to the wealth manager's leadership structure, with advice at the forefront. Current group executive of advice Alex Wade - who was appointed late last year to replace Jack Regan - ...

ipac Securities investment leader retires

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
AMP Capital has confirmed the retirement of ipac Securities' chief investment officer and co-founder of the long-running Income Generator strategy. After 12 years with ipac Securities, Jeff Rogers retired at the end of January. He joined the firm in ...

Platforms steady after Royal Commission

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
Platforms at the big four banks, AMP and IOOF can breathe a sigh of relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow ...