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Showing 11 - 20 of 116 results for %22AMP Services Limited%22

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... Limited; NM Superannuation Proprietary Limited; AMP Life Limited, AMP Financial Planning Proprietary Limited; AMP Services Limited. AMP Life was part of AMP when the conduct occurred, but has since been acquired by Resolution Life. ASIC alleges the companies ...

Pahari to leave AMP amid demerger

JAMIE WILLIAMSON  |  FRIDAY, 23 APR 2021
AMP has confirmed Boe Pahari will leave the business as it pursues a demerger of its Private Markets business, after plans to sell to Ares Management fell through. AMP will demerge its $50 billion Private Markets business from AMP Limited and list it ...

Synchron appoints Queensland manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... benefit from the state of flux in the financial advice industry as major institutions have exited wealth. It picked up dozens of AMP advisers in 2020 and is now one of the largest dealer groups in the country.

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... The Australian Taxation Office has released the latest numbers. The ATO's latest Corporate Tax Transparency report found AMP Limited as the financial institution outside the big four banks with the highest tax bill $727 million in 2018/19. Macquarie ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... including Michael Gallagher, general manager of AIMA Australia, Aitken Investment Management chief operating officer Les Andrews, AMP Capital head of alpha strategies Alistair Rew, Regal Funds Management chief executive Brendan O'Connor along with Haifer. ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... alleges that more than half a million Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank. Proceedings have already been filed against AMP, which AMP says it will defend. The proceedings ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... entities, alongside Equity Trustees Superannuation Limited (ETFL). Earlier this month, Equity Trustees won the mandate for AMP Life's superannuation funds after its sale to Resolution Life. It included 340,000 members and about $7 billion and was previously ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... Commission with no commissions or fees to be disclosed to the consumer," she said. "At least if a consumer went to a bank or AMP-aligned financial planner pre-Royal Commission they would receive a Statement of Advice." Lusher is concerned that coaches ...

Adviser banned for five years

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... GWM Adviser Services, which is owned by National Australia Bank, from January 2012 to November 2012. He was then licensed by AMP Financial Planning for one month from December 2012 to January 2013. He was with Chubb Insurance Australia from January 2013 ...