AMP’s management is convinced it has the plan to resuscitate the venerable brand’s fortunes,but multiple institutional investors want decisive action,including a further break-up of the company.
The start of a new year is a great time to set up some new and improved financial habits to boost your nest egg.
Wealth manager AMP says it wants to give retirees confidence to spend more of their superannuation nest eggs without the fear of outliving their savings.
A federal court judge has labelled the wealth manager’s failure to check for systemic issues within its ranks a blot on its corporate culture.
The wealth giant,which is going through a period of rapid change,has committed to returning $1.1 billion to shareholders over the next 12 months.
CGT is payable by an estate,which can be a problem if some shares are passing on to local family,and thus untaxed until sold,as they will be paying the tax for their Kiwi brethren.
EV charging stations will be rolled out across 16 shopping centres across the country including the Macquarie Centre in Sydney in a deal between AMP Capital and EV group Evie Networks.
AMP chief executive Alexis George has thanked shareholders for their patience and committed to returning funds to investors after completing the sale of its funds management business in a deal with a US investor.
AMP has reached a deal to sell its property and infrastructure business to Dexus,after weeks of speculation.
AMP and Dexus are on the cusp of a deal that will allow the diversified property player to take a significant chunk of the wealth manager’s prized $44 billion funds management arm.
Navy personnel cop a spledunking.