Friday, April 19, 2024

Tag: AMP

AMP Announces Transformational Strategy for Wealth Management

AMP has announced a three-year transformational strategy aiming to make a shift into a simpler, client-focused business that is higher growth and higher return. AMP...

AMP Life Sale Uncertainty

AMP Limited has revealed that the transaction for the sale of AMP Life (the Australian and New Zealand wealth protection and mature businesses) to...

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...

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...