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| | | AMP released its first quarter results to 31 March 2012 today, showing strong growth for both AMP Flexible Super and North Platform. AMP Financial Services (AFS) net cash outflows were $292 million for the quarter, compared to net cash outflows of $331 ... |
| | | | ... appeal to requests from financial advisers. Initially reported in late March, the newly-launched fund will manage the cashflow needs and minimum drawdown requirements of account-based pensions and can be invested for five or ten year terms. Available ... |
| | | | AMP Limited FY11 results have shown its AXA merge continues to drag on costs with net profit after tax of $688 million, down 11%, for the 12 months to the end of December. AMP Financial Services meanwhile posted mixed results with North platform and ... |
| | | | Software and technology provider DST Global Solutions has upgraded its investment accounting and asset servicing solution HiPortfolioA(R) 3v10. DST said the enhanced version is the latest in a regular cycle of functional and technical enrichment, based ... |
| | | | AMP Financial Services has recorded strong results with a 21% increase in platform growth for its 2011 third quarter results and a 24% rise in superannuation product, AMP Flexible Super. Announced today by AMP Limited, AMP Financial Services assets ... |
| | | | ... earnings up 19% to $401 million. Challenger also posted normalised net profit after tax up 7% to $248 million and operating cashflow up 25% to $276 million. The group's ten boutique partnerships hold funds under management over $14.8 billion, with net ... |
| | | | ... disadvantaged from the carbon tax," she said. "Particularly important is for SMSF trustees to be aware of any dividends and cashflow from these investments for any pension payments." Fiona Reynolds, chief executive of the Australian Institute of Superannuation ... |
| | | | The Australian share market was flat at noon after the materials sector received a boost in late morning trade. At 1200 AEST, the benchmark S&P/ASX200 index was up 0.8 points, or 0.2 per cent, at 4740.9 points, while the broader All Ordinaries index ... |
| | | | AMP Financial Services (AFS) registered a significant fall in net cashflows for the first quarter of 2011 although AMP's retail superannuation and pension business fared well. AFS' net cashflows were $42 million for the first quarter of 2011, markedly ... |
| | | | ... order. "The automatic cash management functionality gives both advisers and their clients the peace of mind that their cashflow is under control, that payments can be made and that investments are being proactively managed," said Justin Delaney, head ... |
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