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AMP reports profit drop amid 'solid' result
News

AMP reports profit drop amid 'solid' result

AMP Wealth Management has reported a 16% profit drop in the first half of its 2020 financial year, which it said was due to the proactive closure of two legacy schemes, the conclusion of cost-sharing arrangements with AMP Life and the impacts of Covid-19.

Fri, Aug 14th 2020 06:00AM

Advisers adjust to heightened alert levels

Advisers adjust to heightened alert levels

2 min read
Record gold prices 'could go higher'

Record gold prices 'could go higher'

2 min read
Financial advice makes NZers better off

Financial advice makes NZers better off

3 min read
Win for financial advisers as CoFI tweaked

Win for financial advisers as CoFI tweaked

3 min read
Free financial advice on offer

Free financial advice on offer

3 min read
Death of small advice firms exaggerated: FMA

Death of small advice firms exaggerated: FMA

2 min read
Fund history should reset after reclassification, adviser says

Fund history should reset after reclassification, adviser says

2 min read
Financial Advice NZ ponders questions of experience in Trusted Adviser consultation

Financial Advice NZ ponders questions of experience in Trusted Adviser consultation

3 min read
Industry participants pick up more of FMA's tab

Industry participants pick up more of FMA's tab

2 min read
FMA restarts regulatory activities

FMA restarts regulatory activities

2 min read
[The Wrap] Nats' KiwiSaver policy nuts

[The Wrap] Nats' KiwiSaver policy nuts

2 min read
Kloogh sentenced to prison

Kloogh sentenced to prison

2 min read
AMP predicts profit drop

AMP predicts profit drop

2 min read
KiwiSaver managers shake off downturn

KiwiSaver managers shake off downturn

2 min read
Advisers warned to watch for vulnerability

Advisers warned to watch for vulnerability

4 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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