The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 9 of 9 results for "AMPFPA"|
|... we will vigorously defend any action if it comes," De Ferrari said. This week the AMP Financial Planners Association (AMPFPA) said it is anticipating a class action will be filed on behalf of its members later this month. AMPFPA chief executive Neil ...|
|... members later this month, as it gears up to merge with the Hillross Advisers Association. Speaking to Financial Standard, AMPFPA chief executive Neil Macdonald said the filing of the action was delayed by a High Court decision in December around how ...|
|... insurance products and continue to use the MLC brand, but is on a mission to divest its holding. 7. AMP advice lead rejects AMPFPA claims In early August AMP announced its plans to reshape its advice offering, including the highly contentious changes ...|
|... extend the October 31 deadline originally given to financial advisers given notice by the wealth giant. Meanwhile, the AMPFPA has confirmed action against AMP will likely be filed before year end. Following on from AMP's decision earlier this year ...|
|... Resort policy. Johnston said Corrs Chambers Westgarth has indicated to him that the High Court action could assist the AMPFPA in its legal challenge, due to the impact the end of grandfathering will have on BOLR valuations particularly since AMP's ...|
|... explore legal options available to its members following AMP's decision to alter its Buyer of Last Resort policy. The AMPFPA has selected Corrs Chambers Westgarth to act on behalf of members in investigating legal action against AMP Financial Planning. ...|
|... legal action over the changes to AMP's Buyer of Last Resort terms. Having canvassed legal firms and potential funders, AMPFPA chief executive Neil Macdonald said members intend to hold AMP accountable for the "severe financial, reputational and psychological ...|
|... consult with advisers or give the required 13 months' notice of a substantial change. Wade rebuked this, saying the AMPFPA received a full briefing on the BOLR changes on July 25 - two weeks before they were announced to the market. The association ...|
|... when considering changes to terms in addition to 13 months' notice of any move expected to have a detrimental impact, ampfpa chief executive Neil Macdonald said. "AMP has done neither," he said. "Advisers had to pay four times recurring revenue to buy ...|
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There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
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BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
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The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
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Chi-X TraCRs and funds will now be offered on a $1.9 billion privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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