Thursday, January 17, 2019

Tag: AMP

Insurers Clarify Stance on Overseas Adviser Trips 

With AMP and Partners Life ending their overseas trips, the remaining life insurers weigh in on where they stand. Partners Life announced last week that...

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 Announces New Chief Executive

AMP has appointed long serving Credit Suisse executive, Francesco De Ferrari, as its new Chief Executive Officer. He will join AMP after 17 years with Credit Suisse...

AMP’s Four Steps to ‘Reset’ Its Business

AMP has announced a set of actions it aims to take to put its customers first and foremost and bolster its risk management systems. Among...

AMP Revamps Adviser Education Program

AMP has replaced its adviser training program, Horizons, with a new program which will require advisers to hold a Financial Adviser Standards and Ethics...

Aussie Regulator Commences Legal Action Against AMP Over Life Insurance ‘Rewriting’

Australia's corporate regulator, ASIC, has begun court proceedings against AMP Financial Planning (AMPFP) alleging some of its advisers engaged in conduct to rewrite life-insurance...

AMP’s New Chairman Commences

AMP has announced the appointment of David Murray AO as Chairman of its Board of Directors has been made with immediate effect. Murray agreed to...

AMP Royal Commission Latest

AMP has rejected claims that it may have breached the Australian Corporations Act in its handling of an independent report into ‘fee for no...

AMP Delays Decision on NZ Business

AMP is yet to decide the future of its New Zealand operations, AMP Interim Executive Chairman, Mike Wilkins’, indicated at its AGM held last week. Wilkins...

Three More Resign at AMP

AMP has announced a further three resignations from its Board. Holly Kramer will step down ahead of AMP's Annual General Meeting. Vanessa Wallace will also resign...