Search ResultsShowing 1 - 10 of 100+ results for "AMP Financial Planning"
AMPFPA selects law firm
JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... has selected Corrs Chambers Westgarth to act on behalf of members in investigating legal action against AMP Financial Planning. This includes exploring the potential for a class action. Having met with several law firms in recent months, the AMPFPA determined ...
AMP advisers prepare for battle
JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2019
... group, with the association saying AMP is simply offloading practices it can no longer profit from. The AMP Financial Planning Association has prepared legal packs for members outlining their options going forward after a survey of its member practices ...
AMP advice lead rejects AMPFPA claims
JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... its legal obligations to advisers in announcing changes to its Buyer of Last Resort terms, saying the AMP Financial Planning Association was informed ahead of time and adviser feedback was sought in shaping the new strategy. Speaking to Financial Standard ...
AMP MDA constraints frustrate advisers
ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
The additional conditions imposed on AMP Financial Planning's managed discretionary account (MDA) licence has resulted in so many constraints on financial advisers that the offering is reportedly "unusable". A source told Financial Standard that AMP ...
Managed accounts hit milestone
ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... institutionally-owned licensees. The average FUA per adviser has fallen from $40 million to $35 million in the last year. AMP Financial Planning, IOOF Group, Commonwealth Financial Planning, NAB and SMSF Advisers Network are the five largest advice licensees. ...
ASIC FAR, advice industry contract
JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
... groups shed more than 630 financial advisers in the three years to December 2018. Its flagship licensee, AMP Financial Planning, lost 287 advisers. At the same time, Westpac and its aligned dealer groups shed about 450 advisers. This, before its announcement ...
ASIC approves AMP for MDAs
HARRISON WORLEY  |  TUESDAY, 9 APR 2019
ASIC granted AMP Financial Planning approval to deal in managed discretionary accounts. ASIC said it imposed additional license conditions on AMP Financial Planning as a result of approving AMPFP's application to vary its license to provide MDAs. ...
AMP overhauls wealth leadership
ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... forfeiting long and short term incentives. On the same day, ASIC imposed additional conditions on the AMP Financial Planning's AFSL. ASIC granted AMPFP's application to vary its AFS licence to provide managed discretionary account (MDA) services ...
More than half of advisers without association membership
JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... membership is licensed by Interprac Financial Planning and the majority of the FBAA's is aligned with AMP Financial Planning, as are the MFAA's. There are more advisers from a greater range of licensees affiliated with the FPA, AFA, CPA Australia, SMSFA ...
Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum
KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... technical services expert. Speaking at yesterday's Challenger Financial Standard Technical Services Forum, AMP Financial Planning technical consultant Stuart McMullen reminded financial advisers that one of the biggest decisions clients have to make ...
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