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Showing 1 - 10 of 51 results for "MyNorth"

AMP lifts advisers' efficiency game with Grow

MATTHEW WAI  |  MONDAY, 1 SEP 2025
... Australians from receiving financial advice, AMP noted. Meanwhile, clients on the new investment menu can also access the MyNorth Lifetime solution, unique to North, which delivers retirement income for life at no additional cost. Commenting, AMP general ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... Moderately Defensive Fund have failed in the past and are closed to new members. This is the first year, however, that the MyNorth Index Moderately Defensive option has failed. AMP group executive for platforms Edwina Maloney said the performance test ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... and 154,850 members. The Aware Super Retirement Income product with 114,420 members has $38.8 billion, while AMP's MyNorth Pension has $30.5 billion in savings and 95,810 members. Commenting on why super products were incorporated in the assessments ...

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 ...
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