AMP chief executive Alexis George says 2023 saw advisers looking to join the business again after a difficult few years, as it takes the top spot as Australia’s largest licensee.
Volume growth in AMP’s banking arm stalled in the December 2023 half as tumbling interest margins forced the company to pull back on home lending activity.
Despite pressuring companies to ramp up female representation in their senior ranks, there is just one woman among the top 10 paid executives at the eight most powerful super funds.