Search ResultsShowing 1 - 10 of 100+ results for "AMP"
AMP cuts ongoing advice agreements
ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
AMP announced it will introduce annual agreements for clients who currently receive ongoing financial advice. During 2020, ongoing advice agreements will be phased out for all AMP-aligned and employed advice networks. "We have been considering the best ...
ASIC takes action against former AMP adviser
HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
ASIC commenced civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial ...
Super funds to crack 13% by year end, retail leading
KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... Choice Super reported a juicy 26% return for the period. International equities options delivered 12.9%, with the leader AMP Simple Super reporting 18.1% returns for the period. Property options averaged 14.2% returns for the 12-months to October. AMP ...
AMP given the boot by AFL
KANIKA SOOD  |  TUESDAY, 3 DEC 2019
AMP has lost its long-standing mandate as the default superannuation fund for the Australian Football League's players and employees. Starting 28 February 2020, Hostplus will be the AFL's default fund of choice. AMP won the mandate in 1999 ...
AFSLs show widespread non-compliance: ASIC
ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... immediately take steps to improve the robustness of their compliance measures. AFS licensees that are or were part of the AMP, ANZ, CBA, Macquarie, NAB and Westpac financial services groups were not included in the review. "This was because we were already ...
ACSI, AFIC respond to Westpac scandal
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... issue at some point in time," Freeman added. "What you look for is how they deal with that issue." AFIC recently dropped AMP from its portfolio. "There's still a brand there that's got some value, AMP Capital is doing quite well. But we just decided ...
Retail fund swaps out K2
KANIKA SOOD  |  MONDAY, 25 NOV 2019
... equities fund for another manager's offering. The K2 Australian Absolute Return Fund managed $46.8 million on behalf of AMP Superannuation Trust and other AMP clients, at the time of termination. AMP has picked a fund from Schroders as the replacement. ...
AMP transfers 25% of accounts to ATO
ELIZA BAVIN  |  MONDAY, 25 NOV 2019
AMP executive Alex Wade has told a parliamentary inquiry that the company has transferred a quarter of its superannuation fund account to the Australian Taxation Office. Wade said these accounts were inactive, and AMP felt that transferring them to ...
Dealer group lead to depart
JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... where he was manager of advice solutions. Over the almost 13 years he has been in Australia, Beaven has also held roles with AMP and Suncorp. In a LinkedIn post, Beaven said: "Leadership is about giving back without reward, caring for people, treating ...
Life risk insurance not profitable: KPMG
HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... greatest we have seen in a generation." Blight-Johnston - who joined the firm in October following stints at Challenger and AMP , including more than two years as head of the wealth manager's insurance and superannuation division - said there was ...
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