AMP’s North wrap products hit $25 billion FUM

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AMP’s North wrap products, North and MyNorth have collectively hit $25 billion in funds under management (FUM), with AMP’s flagship wrap platform MyNorth reaching $4.4 billion FUM since its February 2016 launch. AMP Director of Superannuation Patricia Montague said MyNorth’s strong growth has been driven by its new and flexible investment menus giving customers greater

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AMP updates platform offer

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AMP has enhanced its wrap offer for  customers with the launch of MyNorth, and a range of enhancements to its  existing platform, which includes the market leading North. Launched yesterday, MyNorth is a wrap  solution catering to a broad range of investment needs, offering new and  flexible investment menus and a sophisticated user experience. AMP

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AMP reduces pricing on North Guarantee

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AMP has reduced the cost of the North Guarantee, making it cheaper for customers taking out a new guarantee to access a solution to protect their capital in times of market downturn while still retaining exposure to market gains. AMP’s Director, Superannuation and Investment Platforms, Patricia Montague said the new fees made protecting the capital

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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 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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AMP announces key leadership appointments

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AMP has announced key leadership appointments for its two newly created business divisions – Insurance and Superannuation, and Advice and Banking effective 20 January 2014. The appointments come after AMP CEO Craig Meller announced his leadership team in October and are the next step in creating a leaner, more efficient and increasingly customer-driven organisation. AMP

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AMP Flexible Super reaches $10 billion AUM

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AMP’s award winning all-in-one super and retirement product, AMP Flexible Super, has notched up over $10 billion in assets under management (AUM), capping off a remarkable period of growth since its launch in 2010. AMP’s Director of Contemporary Wealth Management Patricia Montague said the $10 billion milestone was testament to the products flexible structure which

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AMP Flexible Super takes 5 star CANSTAR ratings for third year in a row

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AMP Flexible Super’s superannuation and retirement accounts have been awarded five star ratings in the recent CANSTAR ratings for the third year in a row. The five star ratings, the highest available, recognise AMP Flexible Super’s low fee structure, member education and benefits, online and phone access and investment options.  AMP’s access to an extensive

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AMP announces new Head of Contemporary Wealth Management

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AMP Financial Services (AFS) Director Banking and Wealth Management Products Rob Caprioli has announced the appointment of Patricia Montague as Director Contemporary Wealth Management Products, effective 12 August. Ms Montague will be responsible for a number of AMP’s superannuation and retirement products, including its flagship AMP Flexible Super, and will work closely across all areas

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