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Showing 1 - 10 of 106 results for "AMP Bank"

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.

Advisers encouraged to engage with clients' kids

ELIZA BAVIN | MONDAY, 29 JUL 2024

... for them, and the same amount believe not owning a home will be detrimental to their long-term wealth in retirement. AMP bank group executive Sean O'Malley said fears around homeownership is a justifiable concern for younger Australians. "Building ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN | THURSDAY, 18 APR 2024

... platform North reached $14.9 billion in AUM, continuing the strong growth trajectory since its launch in 2018." Meanwhile, AMP Bank's total book was down over the quarter to $23.5 billion from $24.4 billion the previous quarter which the firm said was ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA | MONDAY, 15 APR 2024

... the near term. In the current conditions we do not anticipate a major change from this strategy," she said. Next year, AMP Bank will launch a new digital small business banking offering in a bid to address funding constraints and diversify the revenue ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON | THURSDAY, 28 MAR 2024

... brings a raft of experience, including as head of group strategy at NAB, head of corporate super at AMP and later head of AMP Bank strategy, and several senior leadership roles within Commonwealth Bank's retail division. He was most recently chief customer ...

AMP chair steps down

KARREN VERGARA | WEDNESDAY, 14 FEB 2024

... Bendigo and Adelaide Bank as chief executive. Before this, he worked in senior roles at Colonial, Westpac, and Chase AMP Bank. He was also deputy chair of the Treasury Corporation of Victoria and the Australian Banking Association. Hirst is currently ...

AMP adds to board

CASSANDRA BALDINI | MONDAY, 4 DEC 2023

... Zealand. Further, she thanked McKenzie, who will step down at the end of the month, concluding both her roles on the AMP and AMP Bank boards after three years of service. "I would like to sincerely thank Kate for the invaluable experience, insight and ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA | WEDNESDAY, 22 NOV 2023

... 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 ...

AMP provisions $50m in response to class action

ANDREW MCKEAN | THURSDAY, 10 AUG 2023

... International Infrastructure Equity, Domestic Infrastructure Equity operations, and SuperConcepts. Regarding its business units, AMP Bank reported a NPAT increase of 23.9%, reaching $57 million. The platforms division noted 25.7% growth from 1H22 with ...

AMP restructures wealth management, chief exits

KARREN VERGARA | MONDAY, 29 MAY 2023

... transformation. Other than AWM, what is left of AMP following a turbulent period since the Hayne Royal Commission is AMP Bank, New Zealand Wealth Management (NZWM), and remnants of AMP Capital like a 15% holding in China Life AMP Asset Management (CLAMP) ...

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Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON

UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA

Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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Mistaking financial literacy for retirement literacy

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Kellie Wood

HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED

Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.

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