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Search ResultsShowing 1 - 10 of 76 results for "AMP Life"
AMP Life awards mandate post acquisition
ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
A trustee has been appointed to AMP Life's superannuation funds, which hold more than $7 billion, following the sale of AMP Life to Resolution Life. Equity Trustees will be trustee for the super funds, replacing current trustees N M Superannuation and ...
Super fund names head of portfolio design
ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... and joins HESTA after 15 years at the Reserve Bank of Australia followed by chief investment officer positions with AMP Life and Genworth Australia. Prior to joining HESTA, Weston was also was also a member of AustralianSuper's Investment Committee for ...
AMP Life sale nears completion, new execs appointed
KANIKA SOOD  |  TUESDAY, 23 JUN 2020
AMP Life has appointed a chief investment officer and a deputy, as its sale to Resolution Life crosses New Zealand central bank's concerns raised last July. The sale was first announced in October 2018 for $3.3 billion and the completion date set for ...
AMP defends hefty remuneration bill
ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... Hazelton said. A shareholder asked whether remuneration for the board and executives would be cut following the sale of AMP Life. Murray said the board would be cut from nine to seven following the sale and that the number of executives reporting to ...
AMP NZ wealth divestment off
ALLY SELBY  |  FRIDAY, 8 MAY 2020
... was still on track to divest from its New Zealand wealth management business, as well as its life insurance business AMP Life.
COVID-19 sparks renewed fight for commissions
ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... commissions are expected to be turned off in the first half of this year as AMP simplifies its super products and the sale of AMP Life goes through. "We have consistently said we would stop paying grandfathered commission to advisers this year, and return ...
How PYS changes caused 34% premium hikes
ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... appropriate in the current environment, Equity Trustees will continue to monitor and review the situation closely." AMP Life said that while it has not yet raised premiums on any group policies, the PYS legislation has impacted how many people are covered ...
COVID-19 uncertainty sees AMP withdraw guidance
ALLY SELBY  |  THURSDAY, 26 MAR 2020
... its three-year transformational strategy during this period of volatility and uncertainty. This includes the sale of AMP Life, which is "on track" for completion by June 30, as well as AMP's divestment process from its New Zealand-based wealth management ...
AMP director retires
ALLY SELBY  |  MONDAY, 23 MAR 2020
... his business interests in New Zealand. Harmos has served on the AMP Limited board since 2017, as well as the boards of AMP Life and The National Mutual Life Association of Australiasia since mid-2013. He currently serves as a director at Scentre Group ...
Moody's downgrades AMP
ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
International ratings agency Moody's has downgraded AMP Group, AMP Bank and AMP Life. AMP Group, AMP Bank and AMP Life were all downgraded from A2 to A3 and remains under review for downgrade. AMP Life's insurance financial strength rating was ...
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