Stocks That Give Shareholders That Little Extra
Newcomers to share market investing are bombarded with bromides about “becoming owners” of a company of their choice, or at least a few pieces of it. They are also advised of the many things to consider before buying their own company, key among them are the differences between companies that pay dividends to their shareholders…
AMP Limited (ASX: AMP)
Company Information AMP Limited (ASX: AMP) AMP Ltd is an Australia-based company, which provides banking, superannuation, retirement and financial advice services in Australia and New Zealand. Its businesses include AMPs Platforms, AMP Bank, AMPs Master Trust, AMP Advice, and AMP New Zealand Wealth Management. AMPs Platforms business provides superannuation, retirement and investment solutions,…
Is AMP Limited’s (ASX: AMP) Business Transformation Working?
A Royal Commission into the Financial sector uncovered damning practices by AMP Capital. The company responded with a plan to restructure its operations into two entities. A class action suit filed against AMP Capital has now been settled. Diversified financial services provider AMP Limited (ASX: AMP) saw its share price embark on a steady decline…
AMP companies admit liability and fined
Five companies that are or were part of the AMP Limited group (together ‘AMP’) have been ordered by the Federal Court to pay a total $14.5 million in penalties for charging fees for services that were not provided to 1,452 superannuation members. These members had been paying fees in return for access to general financial…