ASX Announcements
Update - Dividend/Distribution - AMPPB
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Aug 8, 2024
- 5 pages
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Aug 8, 2024
- 5 pages
Market Sensitive
Half Yearly Report, Company Presentation
- Aug 8, 2024
- 49 pages
This Month
AMP cuts financial advice deal, stemming losses
The company will partially sell that business via transactions totalling $92.4 million, while the stock lifted 13 per cent after interim profit beat consensus.
- Hannah Wootton
July
No rate cuts and maybe a rise as inflation sticks, super funds warn
The investment chiefs of the country’s biggest funds also have a bleak outlook for Aussie shares over the next year, after global equities drove double-digit returns in FY23.
- Hannah Wootton
Super fund savings will ride out ‘year of elections’: CIOs
But investment chiefs warn that the rise of populism or an increase in US-China tensions could flow through to short-term returns.
- Hannah Wootton
- Opinion
- Superannuation
Don’t switch super funds until reckoning in unlisted assets is over
Industry fund executives regularly boasted about capitalising on the so-called “illiquidity premium”, but the world has changed.
- Joanna Mather
Retail super funds ride tech boom to outperform industry rivals
Two of Australia’s largest retail superannuation funds delivered 11-plus per cent returns as they benefited from soaring sharemarkets.
- Hannah Wootton
$200m-a-year Opal HealthCare courts buyers; Morgan Stanley hired
While it remains to be seen how much of the business will be on offer, a big enough cheque will no doubt get everyone on board.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
Companies undeterred by failure of the Voice referendum
Big companies such as Westpac say the failure of the Voice referendum will not dissuade them from campaigning on social issues.
- Sally Patten and Patrick Durkin
May
Boomer ‘wave’ of outflows starts to hit super
Australia’s biggest retail superannuation funds are paying out billions more dollars in cash than they are bringing in as baby boomers reach retirement age.
- Updated
- Hannah Wootton
April
AMP quietly begins restructure for $60m digital bank project
Up to 35 jobs will be lost as 83 employees see their teams or reporting lines change.
- Lucas Baird
March
New Insignia CEO promises profit improvement
Scott Hartley admitted that investors will want to see proof of greater efficiencies and cost savings before they embrace the struggling wealth company again.
- Hannah Wootton
February
- Opinion
- Chanticleer
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.
- James Thomson and Anthony Macdonald
AMP 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.
- Tom Richardson
Former AMP executive steps into top job at Insignia Financial
Scott Hartley will step into the role in March, after a career working at wealth and superannuation giants including MLC and Sunsuper.
- Lucy Dean
How a royal commission sank a 175-year-old financial giant
Five years after the Hayne inquiry, it’s easy to forget the scale of the misconduct. The fees-for-no-service scandal alone cost the sector $4.4 billion.
- Lucas Baird
January
Super funds step up private lending in challenge to banks
Fund CIOs say increased regulatory scrutiny on bank capital means more borrowers are tapping them for project finance and leveraged buyouts, as well as direct lending.
- Updated
- Hannah Wootton
Cbus splits from industry super rivals over performance tests
The Wayne Swan-chaired industry fund urged Treasurer Jim Chalmers to stick to the current regime even as its rivals heavily lobby Canberra for change.
- Hannah Wootton
Local unlisted investments stage comeback for big super
The investment chiefs of the $3.5 trillion super sector say domestic opportunities had “significantly broadened” because of high interest rates, reversing historic orthodoxy that they had outgrown local markets.
- Hannah Wootton
‘Idiosyncratic headwinds’ to cap returns at 7-9pc, say super fund CIOs
A raft of elections around the world will also challenge investors, say asset managers as they focus on stable and resilient earnings amid market volatility.
- Hannah Wootton
Super fund CIOs go defensive amid fears rates stay high
Investment chiefs who collectively manage more than $1.5 trillion in retirement savings are ramping up their exposure to unlisted assets, private credit and cash.
- Hannah Wootton
December 2023
- Opinion
- Superannuation
How Chalmers can solve the key dilemma for retirees
Australians lack options for help and support on superannuation, but the X factor may be on the horizon.
- Alexis George
