Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 56 results for "AMP Super"

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... superannuation industry and deliver quality superannuation outcomes for Australians. The action taken by APRA against AMP Super is cited as an example of their collaborative approach. The implementation of the Member Outcomes obligations and Design and ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... Wealth Personal Superannuation and Pension Fund. The CEU is in addition to the extra licence conditions APRA imposed on AMP Super in June 2019, with APRA saying it relates to "specific matters additional to those" addressed by that action, that may have ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... Following an investigation in 2015, ASIC found that Kourieh made and used false documents by forging 30 member signatures on AMP super investment election forms with the intention of inducing AMP employees to accept them as genuine. Kourieh's conduct ...

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
ASIC is suing several AMP entities over fees for no service charged on corporate superannuation accounts. The regulator has commenced civil proceedings in the Federal Court against six companies that are, or were at the time of the conduct, part of ...

Former Hillross adviser pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
... and employees could become members. ASIC alleges he made and used false documents by forging 30 member signatures on AMP super investment election forms with the intention of inducing AMP employees to accept them as genuine. Kourieh would benefit from ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... most complained-about super funds for FY20 were AustralianSuper (1123 complaints to AFCA), Rest (708), Hostplus (404), AMP Super (367) and NAB's Nulis Nominees (320). Overall, the one-stop-shop for financial complaints received 70,510 complaints in the ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... responsible option in house. Around the same time, AMP took the Ethical Leaders Balanced Fund off its investment menus for AMP super members. In September 2020, Legalsuper and ESSSuper axed AMP Capital Ethical Leaders as the sole manager for their ethical/ESG ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... similar research, found that 21% of women were withdrawing their starting super balances, compared to 17% of men. Female AMP super members were also found to be more likely to clear out their super savings entirely (14%) compared to men (12%). Rest also ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
New research reveals there is high correlation with COVID impacted industries and early super release applicants. AMP's latest research on financial stress found the two of industries most impacted by COVID-19, hospitality and retail, have the most ...
PAGE:
1
PREVIOUS
NEXT