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Showing 51 - 60 of 3823 results for amp

Former AMP adviser banned by ASIC

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
ASIC has prohibited former AMP Financial Planning (AMPFP) adviser Darron Mink from providing financial services or engaging in credit activities for five years. Mink, who was also the sole director of Newcastle's Pinnacle Financial and Investment ...

AMP revamps Jigsaw Advice Solutions

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
AMP is reinventing the Jigsaw business to serve more self-licensed financial advisers. AMP has overhauled Jigsaw's offering, introducing an enhanced Essentials package. It already includes compliance support such as Responsible Manager training, education ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
While just 17% of APRA-regulated superannuation fund under management is currently overseen by internal investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
One in nine Australians expect to have more than $250,000 in debt when they retire, a new study by AMP shows, however separate research from TAL suggests debt in retirement is of little concern. A study commissioned by AMP has found that fewer than ...

Betashares launches 'industry first' bond funds

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
Betashares has launched four funds on the ASX, offering geared long and short exposure to Australian government bonds and 10-year US Treasuries. The new offerings include the Betashares Geared Long Australian Government Bond Fund (ASX: GGAB), designed ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... Fletcher as a "deeply experienced customer excellence specialist." In addition to Commonwealth Bank, Fletcher also assisted AMP with its post-Royal Commission remediation programs which totalled about $800 million. He's also previously held senior roles ...

Global X accelerates push to leapfrog local rivals

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... Consultants, where he was as a director. His career spans over two decades, including distribution roles at Franklin Templeton, AMP Capital, and Vanguard. At Vanguard, Damianakis was part of the team that established its dominant ETF business in Australia ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... has 25 years' experience in financial services and banking, holding key executive roles in finance and general management at AMP, ANZ, and ASB. In her current role, Steed oversees strategic development, finance, tax, and investment operations at the ...

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
AMP has appointed Kathleen Bailey-Lord and Anna Leibel to its board following the exit of non-executive director Kate McKenzie. AMP said the new non-executive directors will start their roles at the beginning of January, coinciding with the next phase ...

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA  |  THURSDAY, 30 NOV 2023
... product providers are currently working with agencies to get them rated," he said. Retirement income products provided by AMP and Generation Life, for example, are only available through financial advisers and so "being on an APL is critical." It is ...