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Showing 1541 - 1550 of 4173 results for amp

Former AustralianSuper risk boss joins AMP super boards

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
A former head of risk management at AustralianSuper has joined the boards responsible for the governance of AMP's superannuation funds. Tony Brain will link with AMP to help govern its suite of superannuation funds, adding more than 30 years of experience ...

Mercer wins two super fund mandates

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... $250 million Anglican National Super plan. The Synod of the Anglican Diocese of Sydney said it has replaced long-time manager AMP and appointed the Mercer Super Trust as manager of its fund and related member support services. The transition is set for ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
AMP has defended its practice of charging premiums to dead life insurance customers in a submission to the financial services Royal Commission. The wealth manager continued to deduct life insurance premiums from a deceased customer, even after AMP has ...

Former super fund chief joins QIC

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... John Battams as directors. Dunne serves as a director and investment committee chair of industry super fund Cbus. He joined AMP Capital in 1994 and was appointed chief executive in 2004. The $85 billion investment manager recently appointed Leonie Wilkinson ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... Costello said TAL and Rest are among the organisations that may have engaged in misconduct that fell below community standards. AMP may face criminal charges for deducting premiums from deceased members' accounts. CommInsure may have breached statutory ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
AMP and Australia's big four banks have responded to the Royal Commission's interim report on misconduct in the financial services sector. The report, released on Friday, was scathing in its review of Australia's major players in financial services. ...

Regulatory inadequacy to blame: Hayne

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... the common rhetoric within the industry that misconduct comes down to 'a few bad apples'; a defence used numerous times by AMP, CBA and Westpac in recent years. Rhetoric of this kind is common. And responses of this kind to revelations of wrongdoings ...

AMP Capital divests $440m from tobacco

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
AMP Capital has has completed its divestment of $440 million in tobacco manufacturing-related holdings from across all its equity and fixed income investments. This is the largest divestment tobacco securities by a fund manager in Australia, the manager ...

Fintech hub snaps up Afterpay co-founder

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
... Murphy will now be Stone & Chalk's chair. She has held a directorship on the board for three years and now replaces former AMP chief executive Craig Dunn. Dunn was appointed the chair in March 2015 and will leave the board. Stone & Chalk chief executive ...

MSCI launches tobacco exclusion indexes

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
... World Health Organization Framework. It has more than 120 founding signatories including BNP Paribas, Natixis, AXA Group and AMP Capital.