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Search ResultsShowing 1 - 10 of 17 results for "Resolution Life"
AMP Life awards mandate post acquisition
ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... 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 AMP Superannuation. ...
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
... AMP's wealth business in New Zealand. De Ferrari said AMP has considered a plan B if the sale of AMP Life to Resolution Life does not go through, however he did not elaborate on what that plan might be. Murray also had to defend the board's decision ...
AMP director retires
ALLY SELBY  |  MONDAY, 23 MAR 2020
... remain as a non-executive director on the board of AMP Life until the completion of the sale of the business to Resolution Life, however, he will retire from both the AMP Limited and AMP Bank boards, as well as the firm's Risk, Audit and Remuneration ...
Moody's downgrades AMP
ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... protection business as well as the expectation of a weaker market position going forward, after AMP Life is sold to Resolution Life. "The ongoing weakness in the wealth protection business has negatively impacted profitability, with the company reporting ...
Tough times continue for AMP
ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... remain as a non-executive director on the board of AMP Life until the completion of the sale of the business to Resolution Life. AMP chair David Murray said: "On behalf of the board, I would like to offer sincere thanks to Mike Wilkins. He has taken ...
AMP announces new strategy, capital raise
JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... De Ferrari said. Also announced, AMP has revised the terms of the AMP Life sale, saying the new agreement with Resolution Life provides greater certainty of execution and an implied value of $3 billion. The sale, which failed to meet necessary regulatory ...
AMP Life sale blocked
JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
AMP has confirmed the sale of its life insurance business to Resolution Life is highly unlikely to go ahead. The institution said the sale of AMP Life is highly unlikely to proceed on the current terms do to challenges in meeting the condition precedent ...
AMP Life appoints temporary investment chief
KANIKA SOOD  |  MONDAY, 1 JUL 2019
... business separation," AMP Life said. AMP is currently in the process of offloading its life business to UK-based Resolution Life in a $3.3 billion sale that is expected to complete in the second half of this year and is subject to regulatory approvals. ...
AMP leaks $1.8bn, names new CFO
HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
... the firm's difficult 2018. Touching on the controversial sale of AMP's life business to the UK-based Resolution Life, Murray said the life business had been challenged for some time, and was firm in his belief the sale was in the company's ...
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