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Showing 41 - 50 of 137 results for "AMP Group"

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... replacement is underway, an AMP spokesperson said. She will move into consulting work across the industry. She joined the AMP group in June 2018 as a director of strategic market and customer experience. Her experience in superannuation and wealth management ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... resolution for the company. In her statement of claim last October, she said that by November 2016 she had become aware that AMP Group companies had charged fees to orphaned customers in some cases without providing services to them. She also claimed ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... 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, it shifted its outlook of the group from review ...

S&P downgrades AMP

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
AMP Limited and AMP Group have been hit with a credit downgrade from S&P. S&P downgraded AMP Limited and AMP Group Holdings from BBB to BBB-. AMP Bank also got a downgrade, from BBB+ to BBB. However, the outlook for AMP Group improved from "creditwatch ...

AMP hit with credit downgrade

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications. The rating assigned to AMP Bank remains unchanged by S&P at BBB+. The change to the credit rating is ...

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 ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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