Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 749 results for %22AMP Life%22

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... leads the adviser platform market by a wide margin, with about 9738 financial advisers using its functionalities, followed by AMP Flexible Lifetime with 5969 users. Next year, users can expect 13 new options on the FirstChoice menu. CFS is currently ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
AMP is forging ahead with its planned demerger that is due to take effect in the first half of 2022. AMP chief executive Alexis George is confident that AMP and AMP Capital's Private Markets business, otherwise known as PrivateMarketsCo, will become ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
AMP's 2021 full-year performance will cop a $325 million hit as it uncovers massive impairment charges. The impairment charges comprise partial impairments of deferred tax assets ($100m), write-downs of intangibles ($135m), onerous lease contracts ($110m) ...

MLC Life expands retail distribution leadership

JAMIE WILLIAMSON  |  TUESDAY, 9 NOV 2021
... technical services and regulatory change. Marquet has held several senior financial services roles, including having served as AMP Financial Advice's technical advice manager and Kaplan's head of professional development. MLC Life's general manager of ...

AMP officially exits life market

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... Resolution Life for $524 million. The sale of this holding completes AMP's exit from its life insurance business, AMP Life, which sold to Resolution Life in 2020 for $3 billion. AMP had to pay Resolution Life $141 million as part of the divestment ...

Midwinter hires from Integrity Life

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... responsible for creating a technology ecosystem that makes life insurance more accessible. He previously spent over three years at AMP in solution architecture roles and was manager of strategy and modernisation, Australian underwriting at Wesfarmers ...

Pinnacle distribution director exits

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... He has also previously held roles with Fidelity Investments, Professional Investment Services, Asgard Wealth Solutions and AMP. In a LinkedIn post, Dell described the decision to leave as "extremely difficult", adding that he has chosen to "take a break ...

Super unit boosts Equity Trustees performance

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... services to more than 600,000 members across 15 super funds. This was driven by new wins, signing up major clients like AMP Life and HUB24 in July and August 2020 respectively. Findex subsidiary Centric and the Aracon Superannuation Fund were also new ...

HESTA hires technology strategist

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... moves, Kim Farrant joined HESTA as general manager responsible investment, while the former chief investment officer at AMP Life Jeff Brunton joined as head of portfolio management.

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... the six months to June, the group's underlying net profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes in Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted ...