Articles tagged with 'AMP Wealth Management'
More than $1 billion walks out the door at AMP
10 February 2022 - AMP Wealth Management reports an increase in profit, but also saw $1 billion of asset under management move to other providers.
AMP's New Zealand renovation continues
15 August 2021 - AMP Wealth Management introduces flat fee for KiwiSaver funds and is buying financial advice businesses.
Milford remains the gorilla of the funds management industry; others bleed
4 August 2021 - The latest data shows that Milford took more than half of all the funds flow in the June quarter, but also produced top performance.
How three sacked KiwiSaver default providers reacted
15 May 2021 - Three default providers have names starting with A, but they did not make the A list in the recently announced KiwiSaver shakeout.
AMP plans 'investment renovation' and big changes to AdviceFirst
16 February 2021 - In its 2020 Investor Report, AMP have confirmed plans for a sweeping “investment renovation” as well as widespread changes to AdviceFirst.
Ares U-turn on AMP buyout
12 February 2021 - Global asset management company Ares have pulled out of their proposal to buy AMP.
Default KiwiSaver: Which providers are fighting to keep their status?
5 February 2021 - [Updated] Despite a shroud of secrecy from MBIE, Good Returns can report that 7/9 default KiwiSaver providers have applied to retain their status, with two notable exceptions keeping quiet.
[The Wrap] Divorce for AMP Wealth Management and AMP Capital
24 October 2020 - AMP Wealth Management's decision to move $10 billion of funds to a passive mandate in international hands leaves more questions than answers.
AMP KiwiSaver members should expect major fee reduction
21 October 2020 - Chris Douglas of My Fiduciary has said that AMP KiwiSaver members who have seen their funds switch from active to passive should expect a major reduction in fees.
AMP change KiwiSaver from active to passive
20 October 2020 - Major switch up in the KiwiSaver investment strategy for AMP NZWM
AMP reports profit drop amid 'solid' result
14 August 2020 - AMP Wealth Management has reported a 16% profit drop in the first half of its 2020 financial year, which it said was due to the proactive closure of two legacy schemes, the conclusion of cost-sharing arrangements with AMP Life and the impacts of Covid-19.