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Showing 1 - 10 of 48 results for "MyNorth"

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... and investment division, a new analyst note states, adding the firm has differentiated its North platform by offering MyNorth Lifetime products, blending accumulation/super with a retirement income solution. As a more focused wealth and bank operator ...

Mason Stevens names head of asset allocation

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... senior roles in financial markets, most recently at AMP as co-portfolio manager of the Multi-Asset, Income Generator and MyNorth Retirement funds. Mason Stevens said Creighton has a robust background in portfolio management, trading, macroeconomic and ...

AMP makes operations, product, strategy hires

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... opportunity to continue to drive innovation through North, differentiating through market-leading retirement solutions like MyNorth Lifetime for both existing and new customers."

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... given a positive Q3 market update with its platforms business seeing $750 million in net cashflows, up 76%. In addition, MyNorth inflows from independent financial advisers were up 47% for the quarter to $832 million. This has brought platform assets ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... from the Active series, three from the SUMMIT series, ipac Select Income Generator, AMP Capital Multi Asset Fund, and MyNorth Retirement Fund. IOOF's MLC Wholesale Horizon 2 Income Portfolio was the only product that failed, a turnaround from the ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... platform administration fees to clients, targeting a total cost to client of less than 1%. For retirement products, AMP's MyNorth Lifetime leads the way in offering a guaranteed stream of lifetime income that afford advisers the flexibility of a wrap ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... eight of the Generations products, seven ipac products, three North Guardian options, two SUMMIT Select products, and the MyNorth Dynamic Balanced Fund. In response, AMP said the options that failed represent just 1.5% of the total FUM held by AMP in ...

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... advice practice efficiency, AMP introduced a new Record of Advice (ROA) process to the platform, while also upgrading its MyNorth Lifetime Super Calculator. The new ROA template contains pre-formatted tables and charts detailing current and proposed ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... had a net cash outflow of $600 million in Q1 2023, a slight improvement from the $900 million outflow in Q1 2022. The MyNorth platform reported AUM of $62.8 billion, an increase of $1.5 billion compared to the Q4 2022 AUM of $61.3 billion. AMP chief ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... AustralianSuper, Cbus, Mercer Super Trust, Rest Super, Super SA, and VicSuper, each had four AAA-rated products. Also notable, MyNorth, Brighter Super and Acclaim Wealth had new products with AAA ratings for the first time in 2023. Of the 392 products ...
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