Monday, July 22, 2019

Tag: AMP New Zealand

Number of Kiwis Seeking an Adviser Still Too Low – FSC

In the Financial Services Council’s recently published research on how New Zealanders manage risk, 18 percent of respondents said they obtained professional advice for...

AMP New Zealand Unveils New Executive Team

AMP New Zealand has announced the appointment of the executive team for AMP Wealth Management New Zealand. The team will be responsible for delivering its...

AMP New Zealand Defers IPO, Focus on Life and Wealth Separation 

AMP New Zealand has confirmed it has deferred IPO consideration due to their focus on the separation of AMP Life and New Zealand wealth...

AMP Announces Changes to Leadership Team

AMP has announced changes to its leadership team to drive the transformation of the group in 2019. AMP Chief Executive, Francesco De Ferrari, said the...

Waiting Game For Life Insurers

A number of life companies have put forward their responses to the FMA and Reserve Bank’s hard-hitting report into insurers’ conduct and culture. Asteron Life...

AMP Sale Update

Financial advisers will no longer be able to offer AMP life insurance policies to clients after the insurer confirmed its risk book would eventually...

S&P Announces Rating Drop For AMP’s Life Insurance Business

Standard & Poor has lowered the credit ratings for AMP Life Limited from AA- to A+. The rating agency also lowered the outlook for AMP Bank...

AMP Returns Focus on NZ Sale Prospects

AMP has returned its focus to its review of its 'manage for value' businesses. Speaking at a media briefing on their 2018 half year results,...

News in Brief

AMP New Appointments  AMP Financial Services has appointed Tim Pritchard as General Counsel and Jacqui Anderson as Head of Legal. Succeeding AMP’s outgoing General Counsel Elaine...

Insurers Debate on Suitability of ‘Good Advice Outcomes’ 

Submissions received by the Financial Advice Code Working Group (CWG) have questioned the use of the terminology ‘good advice outcomes’, contained within one of...