Search ResultsShowing 1 - 10 of 100+ results for "AMP Financial Planning"
Advice groups criticise rushed legislation
ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... advisers and mortgage brokers," the AFA said. Meanwhile The Advisers Association (TAA), formed when the AMP Financial Planning association merged with Hillross Financial Services association, called the legislation "rushed" and said it was likely to ...
De Ferrari unaware of legal action
ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... will move quickly. In addition, Shine lawyers confirmed it will imminently file charges against AMP Life, AMP Financial Planning and two of its financial planning subsidiaries; Charter Financial Planning and Hillross Financial Planning. Shine said it ...
AMP faces fresh class action
ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... financial advice. The class action firm said it would imminently file the charges against AMP Life Limited, AMP Financial Planning and two of its financial planning subsidiaries Charter Financial Planning and Hillross Financial Services. The class action ...
Advice industry compresses
ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... 12 months to December 2019 to 12,976. Meanwhile non-insto aligned advisers only fell by 5% to 11,083. AMP Financial Planning remains the largest licensee followed by SMSF Advisers Network, Charter, Morgans and Synchronised Business Services. AMP and ...
AMP to pay $5m for churn
JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... interests duty by engaging in insurance churn. In a case brought in June 2018, ASIC alleged that a number of AMP Financial Planning advisers engaged in 'rewriting conduct' - providing advice that results in the cancellation of the client's ...
What you read in 2019: Financial advice
JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... Alex Wade told Financial Standard AMP had done all that was legally required of it in consulting with the AMP Financial Planning Association on the changes - a claim the AMPFPA was quick to shoot down. 8. Government extends FASEA deadline At the close ...
AMPFP ceases MDA services
ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
AMP Financial Planning has ceased providing managed discretionary account services following the imposition of tailored licence conditions by ASIC. ASIC tailored AMPFP's MDA licence conditions in March this year - the extra conditions meant a senior ...
Half of all AFSL applications approved
ELIZABETH MCARTHUR  |  MONDAY, 16 DEC 2019
... when it comes to enforcing licensee compliance. ASIC's additional license conditions imposed on IOOF and AMP Financial Planning were highlighted as examples of the regulator's approach. ASIC executive director, assessment and intelligence Warren Day ...
Advice practices urged to contact ombudsman
ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Recent news about changes to AMP's Buyer of Last Resort agreements and a class action mounted against AMP Financial Planning appear to have gotten the attention of the ombudsman. "Following recent media reports regarding AMP Financial Planning's restructure ...
Adviser moves show industry upheaval
ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... advisers to just 44. Despite news of Buyer of Last Resort changes and advisers mounting a class action, AMP Financial Planning only lost 37 advisers over the last three months. Synchronised Business Services was one of the few winners in recent adviser ...
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