Key findings of the Investment Trends 2014 Planner Risk Report

Planners are focusing more on life insurance and expect this to continue over the short term Planners are expanding the range of insurers they use, but switching remains high Zurich and AIA Australia has the highest satisfaction amongst its users Underwriting is a key area in which insurers can differentiate their offerings Users of XPLAN’s

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AMP and University of Adelaide to form SMSF Centre of Excellence

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AMP and the International Centre for Financial Services (ICFS) at the University of Adelaide have agreed to form a Centre of Excellence in self-managed super funds (SMSFs), the first of its kind in Australia. The centre is expected to be operational by the end of 2014. Using AMP’s expansive SMSF database and the expertise of

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AMP finds out what accountants are thinking about licensing

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AMP’s SMSF Advice has debunked the commonly held view that for a typical accounting practice, the cost of establishing and maintaining a limited Australian Financial Services Licence (AFSL) is less expensive than becoming an authorised representative of another AFSL holder.  Accountants can expect to pay from $20,000 to $34,000 for self licensing, compared to $15,000

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AMP Flexible Super offers new insurance and investment choice

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AMP has made a number of enhancements to AMP Flexible Super, its leading superannuation and retirement product, making it a more competitive and attractive product for customers saving for their retirement. A new retail insurance offer within AMP Flexible Super, Super Protection, will offer customers more competitive insurance premiums. Super Protection includes cover for Death,

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AMP launches Super product for growing middle market employer segment

AMP has launched a new corporate superannuation solution for the growing middle market, a segment which now accounts for 25 per cent of Australian workers. AMP SignatureSuper Select will offer medium sized companies with between 50-750 employees a sophisticated corporate superannuation product with over 30 investment options, flexible insurance arrangements, a tiered pricing structure and

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AMP relaunches products on Bluedoor Platform

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Bluedoor technology powers North’s incredible growth DST Bluedoor, a leading global provider of IT solutions for the wealth management industry, yesterday announced that its technology is behind AMP’s successful migration of its retail wealth management platforms onto its flagship North platform, enabling the company to more efficiently manage $24 billion plus in assets and significantly

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AMP North hits $10 billion FUA, up from $2 billion in just 3 years

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AMP’s flagship wrap platform North has hit $10 billion in Funds Under Advice (FUA), a five-fold increase since it launched as a full wrap platform with $2 billion in FUA in 2011. AMP Director of Superannuation Patricia Montague said North’s strong growth was driven by investment in the platform features increasing its appeal to customers.

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Support for flexible penalties ‘sign of SMSF industry maturity’

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The SMSF industry’s support for a Government measure to introduce more flexible penalties for trustees who breach the rules demonstrates the maturity, integrity and professionalism of the sector, says AMP SMSF, Head of Policy & Technical, Peter Burgess. Addressing the 10th SMSF Professionals’ Association of Australia national conference in Brisbane today, Burgess says: “Under the current

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International equities up as cash down

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International equities have become more attractive to self-managed super fund (SMSF) trustees as historically low interest rates decrease the appeal of cash, according to the latest Multiport SMSF Investment Patterns Survey. SMSF exposure to international equities increased by 1.6 per cent in the December quarter, driven by new funds flowing into the sector as well

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Planner risk report: key findings

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Key findings of the Investment Trends 2013 Planner Risk Report: Adviser focus on life insurance has fallen back from its peak in 2012, but remains a key area. Insurance business is even more concentrated, and AMP now tops primary relationships. Good BDM support is key for retention and acquisition. Adviser focus on life insurance has

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