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Showing 51 - 60 of 271 results for %22AMP Limited%22

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
The approved product lists AMP financial advisers are beholden to have come under fire from the House of Representatives Standing Committee on Economics. Labor MP Andrew Leigh questioned AMP chief executive Francesco De Ferrari on how the institution ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... asked managed funds to clarify withdrawal terms in their advertising. Locally, Newgate Capital Partners' real assets fund and AMP Capital's wholesale property fund had to tighten their redemptions in April.

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... investment officer and chief actuary for AMP Life, a spokesperson confirmed. Bird was previously the group actuary for AMP Limited. AMP Life's chief investment role has been held by Jeff Brunton, a senior investment director at AMP Capital, on a secondment ...

HUB24, Pinnacle say goodbye to S&P/ASX 200

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... Effective June 22, HUB24 and Pinnacle will be removed from the S&P/ASX 200 while Centuria Industrial REIT will be added to it. AMP will slip out of the S&P/ ASX 50 with its spot going to A2 Milk, in the only change to the 50 biggest companies in the ...

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 ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... news that ME Bank, which is owned by 26 industry super funds, had slashed redraw balances on some legacy home loans with limited notice to customers. Also up for discussion will be ISA's calculations on early release of super. ISA published research ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... committed to a merger late last year, moved back the date of the merger from 1 October 2020 to 31 March 2021, citing COVID-19. AMP also delayed its transfer of corporate client Anglican National Super to the new fund chosen by its board, Mercer, citing ...

Financial services boards overpaid: Research

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... reveals the top 10 highest remuneration-to-market-cap ratio boards among Australia's largest companies include the likes of AMP, Link Group and Challenger. The firm's inaugural ASX-100 Board of Directors Report, uses data from November 2019 to ...

AMP Capital shutters global equities fund for platform investors

KANIKA SOOD  |  TUESDAY, 21 APR 2020
Dwindling assets under management have forced AMP Capital to close a global equities fund for wholesale investors on platforms. AMP Capital's wholesale global equity - growth fund for platform investors (Class M) was closed last Friday. The decision ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... time may prove to be quite different, as there are currently no signs the market is set to steady. However, Shane Oliver, AMP Capital's chief economist said the crash we are currently experiencing is not just due to COVID-19. Over-valuation in the ...