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Showing 131 - 140 of 887 results for %22AMP Advice%22

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... the six months to June, the group's underlying net profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes in Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted ...

Perpetual hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
AMP Capital's head of sector multi-manager who left in July after nearly 25 years with the company has joined Perpetual. Lydia Kav (nee Serafim) joined Perpetual Private as head of manager research this month. Perpetual Private's multi-manager team ...

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... corporate regulator. More than 71,400 Westpac customers have been affected by its failings to provide ongoing financial advice services that was promised. Of this total amount that has either been paid or offered, less than $51.7 million has landed in ...

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
ASIC is suing several AMP entities over fees for no service charged on corporate superannuation accounts. The regulator has commenced civil proceedings in the Federal Court against six companies that are, or were at the time of the conduct, part of ...

Channel Capital appoints distribution director

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... appointed Phelim O'Neill as a distribution director for its Sydney office. O'Neill was a state account manager for AMP Capital. Channel currently has $18 billion in total assets across eight boutiques. It has recently expanded into Cayman Islands ...

AFA announces new chief executive

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... Zealand College of General Practitioners. She previously worked in corporate affairs positions with ANZ (New Zealand) and AMP (New Zealand). She will relocate to Sydney from Wellington for the new role. The AFA said Morgan-Banda was selected after a ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort (BOLR) arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022. As part of a new service model ...

No charges in AMP BOLR investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 JUL 2021
... service in relation to the BOLR Policy in breach of section 1041G (prohibition on dishonest conduct) of the Corporations Act. AMP Financial Planning was also investigated for breaches of section 1308(2) which relates to making misleading statements. ...

QIC builds private debt team

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
... private debt, infrastructure. He was most recently a principal on AMP's infrastructure debt team. He reports to his old AMP colleague, Andrew Jones whom QIC hired earlier this year from AMP as its head of private debt. In two other hires, Lindsay ...

AMP North adds portfolios

ANNABELLE DICKSON  |  TUESDAY, 13 JUL 2021
AMP has added new risk profile options to the MyNorth Sustainable and Zenith ranges. The current MyNorth Sustainable Managed Portfolio Balanced profile has added moderately conservative and moderately aggressive risk profiles for clients. The guiding ...