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Showing 21 - 30 of 112 results for "AMP Group"

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
International ratings agency Moody's has downgraded AMP Group, AMP Bank and AMP Life. AMP Group, AMP Bank and AMP Life were all downgraded from A2 to A3 and remains under review for downgrade. AMP Life's insurance financial strength rating was ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... potential into line with the policy intended to apply for senior executives." Meanwhile, the wealth manager also announced AMP Group chief risk officer Jenny Fagg has resigned. Fagg joined AMP's leadership team in January 2018 ahead of the Royal Commission ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... of litigation and dispute resolution for the company. In the role, she was responsible for all litigation within the AMP Group, which at that time was primarily insurance claims and advice complaints. Her base gross salary was $320,000. About a year ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... questioning may have done little for impacted AMP advisers anyway. In making his argument, Mookhey referred to an editorial by AMP group executive, advice Alex Wade in the Australian Financial Review in which he commended the 600-odd advisers that recently ...

AMP advice lead rejects AMPFPA claims

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... informed ahead of time and adviser feedback was sought in shaping the new strategy. Speaking to Financial Standard, AMP group executive, advice Alex Wade said AMP acted lawfully in the lead up to announcing the $650 million plan. Under the new strategy ...

ESG options outperform in the short term: Research

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... 36 asset owners and 10 service providers. The largest super fund signatories are AustralianSuper, NSW State Trustees, AMP group, CFS group and BT Financial Group. AMP Capital, Macquarie, IFM Investors, BlackRock and Colonial First State Global Asset ...

Advice groups sign on to HUB24

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... biggest slice of the pie, administering about with $157 billion in FUM (18% of the $860 billion market). It is followed by AMP Group (17.4%), CBA (14.9%), NAB (13.8%), Macquarie(10.1%), ANZ Wealth (4.7%) and IOOF (4.2%). Mercer, Netwealth and tateplus ...

ASIC goes to court seeking AMP documents

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... ASIC issued a notice to Clayton Utz asking it to produce certain documents, as it continued its investigation into the AMP Group for fee for no service conduct and the provision of related false or misleading statements to ASIC. "Clayton Utz has declined ...

ASX dismisses concern over AMP sale

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... after income tax and consolidated total assets. On all measures, the divested businesses fell below 50% of the entire AMP group. AMP added the underlying profit of the divested businesses also fell short of the 50% mark. The firm said it considered its ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... delinked from a corporate superannuation plan were smokers, saying there is no application of smoker rates. This is despite AMP group executive wealth solutions and chief customer officer Paul Sainsbury telling the Royal Commission AMP did not act fairly ...