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Showing 171 - 180 of 893 results for %22AMP Advice%22

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... pay for the reporting service regardless of the increase in price, because HUB24's market share is going up. If it was AMP['s platform] that was increasing the fee, that's something you would question but with HUB24 it's a no brainer ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... with the court enforceable undertaking. Thorne was an authorised representative of SMSF Advice, a wholly owned subsidiary of AMP, when she allegedly received referrals in relation to establishing SMSFs from Park Trent Properties. ASIC found that Thorne ...

AMP announces new managed portfolio partnership

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
... clients. The portfolios have been tailored to the investment needs of Coral Coast's client base and are delivered through AMP MyNorth platform, while Mercer is providing investment management services. Coral Coast is a representative of Hillross Financial ...

Pahari's pay packet revealed

ELIZA BAVIN  |  THURSDAY, 11 MAR 2021
AMP has reported the extent of the remuneration awarded to former AMP Capital boss Boe Pahari in the 53 days he led the business. As outlined in AMP's annual report, Pahari was paid $376,000 in cash payments. While he was not entitled to a short-term ...

Channel Capital hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The $16 billion Sydney multi-boutique has appointed a distribution director, hiring from AMP Capital. Phelim O'Neill was previously a state account manager at AMP Capital, servicing private wealth groups and advisers. At Channel, he will focus on the ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... after the ERS. For those aged 40 to 49 the gap increased from 26.3% to 32.3% and for those 50-59 it went from 30.3% to 25.7%. AMP, in similar research, found that 21% of women were withdrawing their starting super balances, compared to 17% of men. Female ...

AMP launches new intra-fund advice offer

ELIZABETH MCARTHUR  |  THURSDAY, 4 MAR 2021
AMP has launched a new intra-fund financial advice offering focused on retirement. The retirement health check will be available to members of AMP's Super Directions Fund at no additional cost. It is a phone-based service that aims to provide members ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... have been returned to customers who suffered loss or detriment due to fees for no service misconduct or non-compliant advice. AMP, ANZ, CBA, Macquarie, NAB and Westpac undertook the review and remediation programs to compensate affected customers as ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...

ASIC bans former IOOF, MLC adviser

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
... Business, Economics and Marketing. His LinkedIn also shows that in the 1980s and 90s he was a sales representative for the AMP Society. Pavlidis has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.