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Showing 2701 - 2710 of 4173 results for amp

IOSCO recommends reforms to the $4.7tr MMF sector

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
An IOSCO review into the $4.7 trillion global money market fund sector has recommended further reforms to prevent a recurrence of the contagion crisis that fuelled the GFC in 2008. "Although money market funds (MMF) did not cause the crisis, their performance ...

Non-aligned advisers driving new platforms

ALEX DUNNIN  |  THURSDAY, 11 OCT 2012
... director. The largest non-institutionally owned groups are PIS, Sentry, Wealthsure, Synchron and AFS, note the Rainmaker report. AMP-AXA was meanwhile confirmed as the largest institutionally owned group with 12 licensees and 3,128 planners, followed ...

AFA conference boasts biggest turnout in 20 years

LINDA HAUSKEN  |  TUESDAY, 9 OCT 2012
... event's highlight includes a platform panel chaired by ABC's Leigh Sales, which features industry leaders such as Craig Meller AMP FS, Jeremy Cooper Challenger, and Senator Mathias Cormann Shadow Assistant Treasurer. Between them, they'll be addressing ...

Platforms at 10 year low

MARK STORY  |  FRIDAY, 5 OCT 2012
... from $95.8 billion to $104.3 billion. Commonwealth/Colonial and BT recorded small increases in their funds under management, AMP and Mercer reported relatively little change, while the remainder experienced decreases. Meantime, wraps $143.3 billion of ...

Two execs depart Telstra Super

MELANIE TIMBRELL  |  TUESDAY, 2 OCT 2012
... departure of Terry McCredden to UniSuper. Hill likewise joined Telstra Super in 2008 as a client development manager from AMP Corporate Super. He has previously worked with ANZ prior to the bank's acquisition of OnePath in 2009. The fund has more than ...

BNP Paribas completes AMP/AXA funds transition

LINDA HAUSKEN  |  FRIDAY, 28 SEP 2012
BNP Paribas Securities Services has completed the transition of AXA Australia and New Zealand funds, following AMP's merger with AXA Asia Pacific Holdings last year. BNP Paribas, AMP's existing global custodian, was appointed in 2011 in order to provide ...

Bendigo Wealth launches SMSF admin offer

MELANIE TIMBRELL  |  THURSDAY, 27 SEP 2012
... forefront of this new technology particularly in our customer base." Del Rosso said the partnership with SuperIQ, in which AMP has a 49% stake, commenced late last year in order to build the product. SuperIQ recently acquired former Perpetual business ...

Retirement adequacy hits post-GFC low: AMP

BEN COLLINS  |  THURSDAY, 27 SEP 2012
Declining contributions to superannuation have helped push AMP's retirement index to its lowest levels since the global financial crisis. The AMP Retirement Adequacy Index fell almost 2 percentage points to 69.4% while projected retirement savings fell ...

AMP Capital chases Asian growth

BEN COLLINS  |  TUESDAY, 25 SEP 2012
Retail and institutional investors will be targeted in China and Japan, as AMP Capital chases growth in the Asian region. Plans to provide retail offerings to the Chinese market were currently stalled by laws preventing life companies owning funds management ...

ASIC bans two advisers

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
... breaches including unlawful early release of superannuation benefits. Simon Turudia, formerly an authorised representative of AMP Financial Planning was found to have arranged the early release of approximately $1.7 million in superannuation benefits ...