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

Search Results

Showing 241 - 250 of 4170 results for amp

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... simplification spend and the sale of its advice business. The prior year's result was lifted by gains from the sale of AMP Capital and SuperConcepts. AMP's underlying NPAT, however, climbed 15.1% to $236 million, which the firm said reflected ...

Institutional sales exec exits Ares Management

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... solutions group, where he focused on institutional client management for Australia and New Zealand. He reported to former AMP Capital executive Michael Chen who is based in Hong Kong and oversees institutional client management for Hong Kong, Southeast ...

Trump tariffs to hit Australia

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... is set to announce 25% tariffs on all steel and aluminium imports, which will apply to all countries, including Australia. AMP chief economist Shane Oliver told Financial Standard that while Australia exports about $808 million worth of steel and aluminium ...

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
AMP is rolling out a new digital advice solution, in partnership with Bravura, providing its super fund members with retirement guidance. AMP Super's digital Retirement Health Check will allow its 700,000 members to find out when they can access ...

MLC Life recruits merger specialist

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
MLC Life Insurance has hired an integration specialist to execute its merger with Resolution Life Australasia to create the country's third-largest life insurer. As the general manager of integration, Peter Moutsatsos will lead a dedicated team ...

Trump's tariff implications for Australian investors

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
... others have been delayed by one month, subject to border and drug conditions - what does this mean for Australian investors? AMP chief economist Shane Oliver told Financial Standard that the direct impact of Trump's tariffs should be limited, as ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... child abuse material. Cubilla, who was recently an authorised representative of Havana Financial Services and before that, AMP Financial Planning, is barred from working in or controlling a financial services business. He's also unable to engage in credit ...

AdviceIQ general manager Paul Harding-Davis to retire

ANDREW MCKEAN  |  TUESDAY, 28 JAN 2025
... tenure as head of wealth management at Oliver Wyman. Earlier in his career, Sullivan also served as senior legal counsel for AMP, which included responsibility for the legal affairs of its advice businesses. AdviceIQ chair Andrew Harding described him ...

Entireti appoints chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... Sarah McCarthy as head of portfolio solutions. McCarthy, who is based in Adelaide, joined the group in December as part of the AMP transition. She was most recently AMP's national manager, research services for about 18 months. McCarthy spent close ...