Catherine Brenner steps down from AMP Board

From

AMP today announces Catherine Brenner has resigned as Chairman and will step down from the Board. Mike Wilkins has been appointed as Executive Chairman, effective immediately. Mr Wilkins will lead

continue reading

AMP apologises unreservedly and acts to accelerate change

From

AMP apologises unreservedly for the misconduct and failures in regulatory disclosures in the advice business. The AMP Limited Board today announces the following actions to accelerate the necessary change within

continue reading

AMP announces CEO to retire at end 2018

From

The AMP Board has announced Chief Executive Officer Craig Meller has confirmed his intention to retire around the end of 2018 and the Board will commence a search for his

continue reading

AMP reports FY 17 results  

From

Highlights FY 17 underlying profit[1] A$1,040 million (FY 16: A$486 million) and net profit[2] of A$848 million (FY 16: -A$344 million). Strong earnings momentum in AMP Bank (up 17 per cent) and

continue reading

AMP Limited provides Q3 17 cashflows update

From

Group delivers solid business performance, in line with guidance metrics. Australian wealth management (AWM) assets under management increased A$211 million during Q3 17 to A$125.3 billion. AWM net cash outflow

continue reading

AMP reports 1H 17 results; announces new reinsurance agreements

From

Key Highlights Underlying profit[1] A$533 million in 1H 17, up 4 per cent (1H 16: A$513 million), and net profit[2] of A$445 million (1H 16: A$523 million). Completion of reinsurance program delivers

continue reading

AMP provides update on growth strategy

From

AMP has provided an update on its group strategy and growth opportunities at its Investor Strategy Day, being held in Sydney. The strategy was direct investment towards higher-growth businesses in wealth

continue reading

AMP Limited reports first quarter cashflows, AUM and provides Australian wealth protection update

From

AMP Limited (ASX: AMP; ADR: AMLYY) yesterday reported cashflows and assets under management (AUM) for the first quarter to 31 March 2017 and provided an update on its Australian wealth protection

continue reading

AMP reports FY 16 results; announces on-market share buy-back

From

FY 16 net loss of A$344 million (FY 15 net profit: A$972 million) and underlying profit of  A$486 million (FY 15: A$1,120 million) reflecting actions announced in October 2016 to

continue reading

AMP realigns business to focus on performance and growth

From

AMP  Limited has announced a series of changes to its senior leadership team to create clearer accountability for driving short-term business performance and delivering longer-term growth. AMP Chief Executive Craig Meller

continue reading