AMP appoints Alex Wade to its Group Leadership Team

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AMP Limited has announced the appointment of Alex Wade to its Group Leadership Team as Group Executive, Advice, effective 7 January 2019. Mr Wade will report to AMP Chief Executive Francesco De Ferrari and will lead the continuing transformation of AMP’s advice business. Mr Wade will succeed AMP Group Executive, Advice and New Zealand, Jack […]

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AMP updates position on capital and costs following portfolio review

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AMP Limited has provided the following update to its announcement of 3Q18 cashflows and the sale of its wealth protection and mature businesses on 25 October 2018. The Board has given incoming Chief Executive Officer Francesco De Ferrari a mandate to transform AMP and establish a new strategic direction for the business. In setting this […]

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Six student finalists vie for top prize in AMP University Challenge

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Six university students have beaten more than 650 competitors to reach the finals of the 2018 AMP University Challenge, the premier competition for tertiary students with career ambitions in financial advice and financial services. This year’s qualifying finalists are Kimberley Guild (La Trobe), William Nakos (RMIT), Michael Reardon (Deakin University), Shane Harris (RMIT), Ashley Fernandes […]

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AMP appoints new Advice executive

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AMP has appointed experienced financial services executive Luke Symons as Director, Channel Performance & Growth in its Advice business to help drive the company’s rebuilding and growth strategy forward. This is a key strategic role, responsible for strengthening AMP’s advice network and the professional delivery of financial advice. Mr Symons has experience across advice, retail […]

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My AMP app makes budgeting a breeze

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Australians wanting a clearer view of their spending and saving habits have a new digital ally, with the release of AMP’s Money Manager budgeting functionality in the My AMP app, available in both iPhone (iOS) and android devices. Money Manager allows customers to connect and view all financial accounts in the one place – including […]

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NZ investors back AMP Capital infrastructure funds

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The AMP Capital Diversified Infrastructure Trust (ADIT) and AMP Capital Core Infrastructure Fund (CIF) have attracted their first New Zealand investors, reflecting growing interest locally in the asset class. The funds have appealed to New Zealand investors, including a number of Iwi Trusts, due to a strong track record of long-term stable returns and low […]

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Five things you wouldn’t expect from a life insurer

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AMP wants to give insurance customers the gift of work this New Year and will use horses, robots and feather dusters to make it happen. Medical evidence shows work is important to recovery from illness or injury. According to the Federal Government’s Comcare (2015), if a person is off work for 20 days the chance […]

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Record number of women join AMP University Challenge

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An individual from Deakin University in Victoria has won the AMP University Challenge in a year that saw the number of female registrations equal males for the first time. Now in its fifth year, the AMP University Challenge is a national financial planning competition open to all Australian university students who want to find out […]

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AMP to acquire 19.9% of China Life Pension Company

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AMP Limited, Australia and New Zealand’s leading independent wealth management business, announced it has agreed to acquire a 19.99 per cent stake in China Life Pension Company Limited, the largest pension company[1] in China. The acquisition, for a total consideration of AUD$240 million, makes AMP the first foreign company in the world to purchase a […]

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AMP Chief Information Officer Lee Barnett to retire

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AMP Limited yesterday announced that Ms Lee Barnett will retire as Chief Information Officer after 18 years of service, including 12 years in her existing role. Ms Barnett will be replaced by Craig Ryman, AMP’s current IT Director Product & Advice. AMP Chief Executive Officer Craig Meller acknowledged Lee’s substantial contribution to the company since joining […]

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