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,…
Stocks That Give Shareholders That Little Extra
Newcomers to investing in shares are bombarded with platitudes about “becoming part owners” of a company of their choice. They are also advised of the many things to consider before buying into a company, the key among them being the differences between companies that pay dividends to their shareholders and those that choose to invest…
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…