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| | | ... increase, accompanied by a 5.9% rise in transport expenses and a 5.3% increase in the prices of food and non-alcoholic beverages. AMP deputy chief economist Diana Mousina said the data doesn't provide any new information that would force the Reserve ... |
| | | | ... convicted and sentenced in a Perth court for three counts of dishonest conduct. Fong, who was an authorised representative of AMP Financial Planning between January 2004 to December 2014, was found to have falsified information when providing superannuation ... |
| | | | ... fees-for-no-service misconduct or non-compliant advice. These include Westpac and its affiliates being fined $40 million, AMP incurring a $14.5 million penalty, NAB being ordered to pay $18.5 million, and Aware Super copping a $20 million penalty. |
| | | | Kavita Mistry will become AMP's new chief technology officer, joining the executive committee. Mistry joined AMP earlier this year, bringing with her over 20 years of experience in technology roles, specifically within financial services. Mistry's areas ... |
| | | | Following an assessment and feedback from a recent consultation, the ASX has opted to wind down the mFund settlement service, setting a tentative deadline of May 2026 for the removal of funds. ASX noted that, since mFund's launch, an evolving market ... |
| | | | According to NAB's latest super insights report, funds are increasingly diversifying internationally; offshore investment allocations rose to 47.8% in 2022, up from 46.8% in the previous year. The report, which surveyed 41 funds comprising 85% of ... |
| | | | AMP will pay $100 million to settle the long-running Buyer of Last Resort (BOLR) class action - an amount double what it initially provisioned. The wealth manager announced this morning it has reached a settlement with AMP Financial Planning advisers ... |
| | | | ... many smaller players here and overseas are not in the same boat, particularly as capital markets costs soar. The fact that AMP Bank announced an overhaul to a digital banking unit to target small businesses is an example of how smaller entities are feeling ... |
| | | | ... over 25 years of experience in property funds management to the role, having spent 14 years at LendLease and eight years at AMP Capital. Most recently, she served as its global head of real estate, departing in September following its acquisition by ... |
| | | | The quarterly Wage Price Index (WPI) jumped by 1.3% to 4% in September, beating inflation, but AMP deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's ... |
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