AMP agrees to sell wealth protection and mature businesses

From

AMP Limited has announced the successful completion of its portfolio review including an agreement to divest its Australian and New Zealand wealth protection and mature businesses (AMP Life) and reinsure

continue reading

AMP reports 1H 18 results

From

1H 18 underlying profit1 of A$495 million (1H 17: A$533 million) and net profit2 of A$115 million (1H 17: A$445 million). Net profit reflects advice remediation provision announced on 27 July. Strong

continue reading

AMP takes action to reset business and provides an update on 1H 18 results

From

AMP Limited has provided an update on its expected 2018 interim results and announced a series of actions being taken to reset the business, prioritise customers and strengthen risk management

continue reading

David Murray to commence as AMP Chairman  

From

AMP Limited has announced David Murray AO will commence as Chairman of its Board of Directors, effective immediately. Mr Murray agreed to accept the chairmanship on 4 May 2018.  Following

continue reading

AMP appoints John O’Sullivan as Non-Executive Director

From

AMP Limited yesterday announced John O’Sullivan will join its Board as a Non-Executive Director, effective 20 June 2018. Mr O’Sullivan has extensive experience in leadership and senior executive roles within

continue reading

AMP Limited provides Q1 18 update

From

Highlights: Cashflows subdued in Australian wealth management (AWM); continued strength in AMP Capital and AMP Bank. AWM assets under management of A$128.3 billion at Q1 18, down 2 per cent

continue reading

Three non-executive directors to step down from the AMP Limited Board

From

AMP yesterday announced that three non-executive directors have chosen to resign from the AMP Limited Board. Vanessa Wallace and Holly Kramer will step down ahead of the Annual General Meeting. 

continue reading

AMP Ltd appoints David Murray AO as independent, non-executive Chairman

From

AMP Limited has announced David Murray AO will join the AMP Board as Chairman after the upcoming 2018 Annual General Meeting, on or before 1 July 2018. Current Executive Chairman

continue reading

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