AMP
AMP to phase out ongoing advice agreements
To be replaced with annual ones following Royal Commission recommendations
AMP restructures its Australian wealth management business
Former head of developed and emerging Asia for Credit Suisse Private Banking will lead the operation
PEOPLE MOVES: Columbia Threadneedle, Deutsche Bank WM, Barclays
Asset manager CIO resigns, as German bank hires managing director for China
Resolution Life opens Australian arm to buy AMP Life
Acquisition was previously blocked by New Zealand regulator
Australia’s big banks pay out A$120m for bad advice
NAB splashed the most cash at A32.4m for cases which involved a record number of 81 financial advisers