Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1551 - 1560 of 4173 results for amp

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... key definitions, and key exclusions should be prescribed for group life policies offered to MySuper members. As seen in the AMP case study, should RSEs be obliged to ensure that their members are defaulted to statistically appropriate rates for insurance ...

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
AMP Bank has pulled the plug on its SMSF lending business, joining CBA and Westpac. AMP will support current SMSF home loan customers. But starting November, they will not be able to switch to interest-only or refinance their loans. This leaves Macquarie ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
... similar role with SAS Trustee Corporation (NSW State Super) until its merger with TCorp in June 2015. He spent 19 years at AMP Capital Investors, including as the chief investment officer overseeing 100 investment professionals and $100 billion in assets. ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... according to a technical services expert. Speaking at yesterday's Challenger Financial Standard Technical Services Forum, AMP Financial Planning technical consultant Stuart McMullen reminded financial advisers that one of the biggest decisions clients ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
An AMP non-smoking superannuation fund member was charged excessive premiums of up to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning. AMP group executive wealth solutions and chief customer officer Paul ...

Industry fund cuts property portfolio emissions

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... about $5 billion of property investments via its flagship Cbus Property subsidiary and property fund managers such as ISPT and AMP. The fund managers have been informed they have until 2020 to outline their strategy to reach net zero emissions holdings ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... representative of Magnitude Group, a subsidiary of Westpac from 11 May 2015 to 11 December 2015. Prior to that, he worked at AMP subsidiary Genesys Wealth Advisers.

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
AMP and Commonwealth Bank have responded to Slater and Gordon's announcement of a potential class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... customers, which meant they may have been unaware their life insurance had been cancelled for the non-payment of premiums. AMP was again mentioned over insurance rewriting, which the commission first heard of in the second round hearings covering financial ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... "Analysing buy/sell ratios for individual stocks, we see SMSFs taking advantage of share price weakness to buy into companies like AMP, Ramsay Health Care and Telstra, in a blue-chip bargain hunt that reflects an underlying belief in the long term prospects ...