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Showing 51 - 60 of 92 results for "AMP Super"

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
AMP has taken the AMP Capital Ethical Leaders Balanced fund off its investment menus for superannuation members. AMP super members in CustomSuper, Flexible Lifetime, AMP Flexible Super, SignatureSuper, SignatureSuper Select, SuperLeader and the Woolworths ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... getting sued." AMP is currently facing a class action from Slater and Gordon, over excessive fees allegedly charged to AMP Super members, and one from Maurice Blackburn over, also over super fees. Shine Lawyers is investigating the possibility of a class ...

AMP Life awards mandate post acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
A trustee has been appointed to AMP Life's superannuation funds, which hold more than $7 billion, following the sale of AMP Life to Resolution Life. Equity Trustees will be trustee for the super funds, replacing current trustees N M Superannuation and ...

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
A new report has revealed a number of superannuation funds, including AustralianSuper, voted down shareholder resolutions on climate change despite signing up to the Investor Group on Climate Change. The Australian Centre for Corporate Responsibility ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Around half of complaints received about superannuation are to do with account administration issues, according to latest data from AFCA. The Australian Financial Complaints Authority's (AFCA) Datacube revealed out of the 2220 complaints received about ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... managed accounts of offer model portfolios. The fastest growing are Pursuit Focus Allocated Pension, BT Panorama Super, AMP Super Directions Personal, MLC MasterKey Business Super and HUB24 Invest. When it comes to managed discretionary accounts, Shaw ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
A new fee introduced by Australia's largest superannuation fund has divided the industry, with many questioning its legitimacy. Earlier this month AustralianSuper notified members it would be introducing a new fee called 'Administration fee ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... to be paid into. The spokesperson said the majority of money returned was to existing members who still have active AMP super accounts. However, the refunds for those without existing accounts were deposited into newly established AMP Eligible Rollover ...

First Sentier hires AMP Capital portfolio manager

KANIKA SOOD  |  FRIDAY, 10 JAN 2020
First Sentier has added an AMP Capital portfolio manager to its multi-asset team as an existing senior portfolio manager moves to the co-head role. Heath Palos joined First Sentier's multi-asset solutions team on Monday. In his most recent role ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
Francesco De Ferrari's long touted shake-up of AMP's wealth management business is starting to take shape, with the firm just months away from culling a superannuation trustee and five super funds. Responding to a question on notice from its November ...