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Showing 1691 - 1700 of 4173 results for amp

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
AMP has admitted that its Buyer of Last Resort measures, up until June 2017, were designed to incentivise financial advisers to show preference for its in-house platforms. Giving evidence on the first day of the Royal Commission's inquiry into financial ...

AMP executive 'apologises' for advice failings

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
AMP's group executive, advice and New Zealand used his appearance at the Royal Commission public hearing to apologise on behalf of the group for failings in the provision of financial advice. In questioning AMP group executive, advice and New Zealand ...

Commonwealth Bank refunding millions in fees for no service

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... financial advice. Follow Financial Standard for ongoing Royal Commission coverage, including: Royal Commission must cast net wider AMP admits to serious misconduct

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service AMP's buyer of last resort measures scrutinised Royal Commission must cast net wider

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
AMP has acknowledged hundreds of instances of misconduct in relation to the provision of financial advice between 1 January 2008 and 30 June 2015. In opening the Royal Commission's inquiry into financial advice today, Senior Counsel Assisting Rowena ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... financial advice, albeit with some noticeable absences. During the Commission's second round of hearings the big four banks and AMP will appear, as will privately-owned dealer group, Dover. However, there are commentators suggesting the advice provided ...

SMSF pool still ripe for financial advice: AMP

KANIKA SOOD  |  FRIDAY, 13 APR 2018
... Self-managed super fund trustees seeking financial advice jumped 6% last year, and they are hungry for further advice, according to AMP Capital research. Sixty-three per cent of SMSF trustees told AMP Capital they would entertain further financial advice ...

Copia boutique appoints new portfolio manager

ALEX BURKE  |  TUESDAY, 10 APR 2018
... manager, having been a senior investment manager at Wallara Asset Management prior to that. He has also held a number of roles at AMP Capital, including lead portfolio manager and senior portfolio manager. "We're delighted to have someone of Will's calibre ...

Fortnum lands investment veteran as chairman

KANIKA SOOD  |  THURSDAY, 5 APR 2018
... well-researched advice to a growing group of advice-driven practices," Douglas said of his appointment. Douglas has also worked at AMP Society in fixed income analysis and equities markets. He briefly served in the Prime Minister's department, and has ...

Royal Commission to grill FPA, AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
... also appear. Preceding this, case studies provided by the financial planning arms and subsidiaries of the big four banks and AMP will be presented to the Commission. Running from Monday, 16 April to Friday, 27 April, the second round of hearings will ...