News - AMP

17 October 2024

AMP Chief Executive Alexis George said: “During the quarter, AUM increased across Platforms, Superannuation & Investments and New Zealand, and net cashflows also improved across these businesses. Platforms cashflows significantly increased on the prior period, while in Superannuation & Investments, outflows were almost halved, with a continued focus on our renewed member proposition and a new national advertising campaign for AMP Super.

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Fresh news from AMP

AMP delivers returns in excess of 15 per cent for MySuper members

AMP has delivered a return of 15 per cent for members of its AMP MySuper 1970s, 1980s and 1990s superannuation fund options for the 2024 year.

Enhancements to MyNorth Sustainable managed portfolios to lift sustainability footprint and diversification

As a core ESG principle, the portfolios invest in funds where managers influence the companies they invest in with respect to environmental, social and governance matters.

Why we have taken a cautious step into Bitcoin futures for our members

Bitcoin and other digital assets are deeply polarising topics for investors, with strong sceptics and advocates alike. Questions and debate about their role in super fund portfolios are important and needed. Bitcoin, as we know, is volatile, and has been marked by peaks and troughs since its inception 15 years ago.

AMP welcomes progress with advice reform

AMP welcomes the Government’s announcement that it is progressing the second tranche of the Delivering Better Financial Outcomes (DBFO) package to help make advice more affordable and accessible.

AMP Bank welcomes CFR review into banking competition

AMP Bank welcomes the Council of Financial Regulators (CFR) review into small and medium-sized banks and we look forward to contributing. A healthy and competitive banking industry, beyond the big four, is vital to all Australians.

A simple objective for super, but complexities remain

Congratulations to all sides of politics for passing the bill that enshrines an objective for our superannuation system into law.

North's Interactive client review tool now supports household reporting

AMP is pleased to announce the addition of household reporting across multiple clients to North Interactive, helping significantly reduce the time and effort required for client reviews.

ASX Release - Completion of AMP Advice transaction

AMP Limited today confirms it has completed the transaction announced on 8 August 2024, creating a strategic partnership and ownership structure with Entireti Limited (Entireti) and AZ Next Generation Advisory Limited (AZ NGA) for the AMP Advice business.

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