Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account. AMP, an Australian superannuation fund, revealed that it invested ...
The board of the AMP superannuation funds approved a 50 basis point reduction in MySuper fees but did so in line with a time-table dictated elsewhere within AMP Limited, the Royal Commission was told.
The AMP Superannuation Limited board and N.M Superannuation Proprietary Limited board have appointed two independent non-executive directors, Cathy Doyle and Tony Brain. Doyle has over 25 years’ ...
Australian superannuation fund AMP Super, Sydney, is investing in digital assets after “testing and careful consideration,” CIO Anna Shelley confirmed. The “small and risk-controlled position” ...
AMP Bank is bringing back its residential self-managed superannuation fund (SMSF) property lending solution, SuperEdge, after removing it nearly a decade ago.
Australian law firm Maurice Blackburn said on Thursday it has filed a class-action lawsuit against wealth manager AMP Ltd on the behalf of all AMP superannuation fund account holders. Adds context on ...
Australian wealth manager AMP Ltd on Friday said it would implement additional licence conditions dictated by the prudential regulator on its pension fund units. Adds AMP response SYDNEY June 14 ...
SYDNEY (Reuters) - Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with ...
AMP Ltd (ASX: AMP) shares are leading the market on Monday, up 4.7% to an intraday high of $1.77. This makes AMP the No. 1 riser within the S&P/ASX 200 Index (ASX: XJO) at the time of writing.
Feb 18 (Reuters) - AMP Ltd, Australia's biggest wealth manager, said on Monday its operating earnings will face a hit based on its assessment of the government's bill to protect customers' investments ...