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Showing 1 - 10 of 115 results for "AMP Bank"

ASFA names board chair

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
... superannuation business and held roles with Sunsuper. She currenlty serves as non-executive director of AMP Limited and AMP Bank and has previously worked for the Australian government in the Insurance and Superannuation Commission and as a special adviser ...

AMP delivers 33% profit jump

ELIZA BAVIN  |  THURSDAY, 6 AUG 2026
... also announced an additional $150 million buyback and interim dividend of three cents per share. "Releasing capital from AMP Bank and non-strategic assets remains a key priority in our capital management strategy," Vernon said. In addition, AMP said ...

AMP sees strong platform growth, AUM hit by volatility

ELIZA BAVIN  |  THURSDAY, 16 APR 2026
... target the retirement segment there, leveraging our retirement expertise and experience from Australia," Vernon said. AMP Bank GO deposits rose to $942 million, up $632 million on 4Q25. AMP said deposits are now expected to exceed $1.5 billion. "AMP ...

AMP profits fall as Alexis George prepares to step down

ELIZA BAVIN  |  THURSDAY, 12 FEB 2026
... to $106 million. The superannuation and investments underlying NPAT was also up 14.8% from $54 million to $62 million. AMP Bank saw underlying NPAT reduced by 9.8% to $55 million, compared to $61 million in FY24, reflecting the costs of scaling AMP Bank ...

AMP to relaunch SMSF property lending solution

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
AMP Bank is bringing back its residential self-managed superannuation fund (SMSF) property lending solution, SuperEdge, after removing it nearly a decade ago. AMP made the decision to remove the solution in 2018, as the SMSF lending sector was shifting ...

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... agencies across the US, Asia and Australia. This includes his most recent roles as bank supervisor at APRA, as well as AMP Bank treasurer, global head of treasury for Macquarie Bank and managing director at Fitch Ratings. Wells also brings over 30 years ...

Legal costs weigh on AMP profits

JAMIE WILLIAMSON  |  THURSDAY, 7 AUG 2025
... jump in underlying profits, up 11.8% to $19 million. This was followed by Platforms which rose 7.4% to $58 million, and AMP Bank which had a 2.9% rise in profit to $36 million. The Superannuation and Investments unit held steady with $34 million in underlying ...

Linda Elkins joins AMP board, Slattery exits

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
... and as a member of the group's Board Risk and Compliance, and Audit committees. She has also been appointed to the AMP Bank board. Elkins was national leader, asset and wealth management at KPMG, a role she held for six years prior to her retirement ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... underlying NPAT to $107 million, while its superannuation and investments arm lifted underlying profit 26.4% to $67 million. AMP Bank, however, reported a 22.6% decline in underlying NPAT to $72 million, due to "ongoing management of volumes and margin" ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... continue to carefully manage margins through restrained loan growth given the competitive funding environment," she said. AMP Bank saw its total loan book increase marginally in Q2 from $22.9 billion to $23 billion.
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