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AMP reports $47m advice loss; new chair appointed

AMP has reported an underlying NPAT loss of $47 million in the full year 2023 for its advice division as it focuses on making advice a standalone business and announced a new chair for its board. ....

New Zealand , Mike Hirst , Debra Hazelton , Alexis George , Adelaide Bank , Last Resort , Federal Court , Master Trust , Colonial First ,

What we learnt from Seven, Dexus, Downer and AMP's results

Seven thrills investors with yet another profit upgrade, Downer and AMP claw back lost ground and Dexus’ departing boss stands firm on a key project. ....

South Australia , New Zealand , New South Wales , Darren Steinberg , Alexis George , Peter Tompkins , Debra Hazelton , Mike Hurst , Downer Edi , Bendigo Adelaide Bank , Atlassian Central , Adelaide Bank ,

AMP share price: shares rally on $295m capital return promise

The sprawling financial group is targeting more cost savings and a financial advice shake-up to execute a long-awaited turnaround. ....

Mike Hirst , Debra Hazelton , Reserve Bank ,

Australia's AMP shares surge on annual profit beat and capital return plans

Shares of Australian wealth manager
AMP staged their steepest gains in 21 months after it
recorded a better-than-expected rise in underlying annual profit
and announced a large return of capital, even. ....

New South Wales , Alexis George , Megha Rani , Poonam Behura , Shinjini Ganguli , Lisa Shumaker , Mike Hirst , Debra Hazelton , Visible Alpha , Jamie Freed ,