Announcement • Apr 16
AZ Next Generation Advisory Pty Ltd. acquired Foundation Wealth Advisers Pty Limited from AMP Limited (ASX:AMP). AZ Next Generation Advisory Pty Ltd. acquired Foundation Wealth Advisers Pty Limited from AMP Limited (ASX:AMP) on April 14, 2026.
AZ Next Generation Advisory Pty Ltd. completed the acquisition of Foundation Wealth Advisers Pty Limited from AMP Limited (ASX:AMP) on April 14, 2026. Announcement • Mar 27
AMP Limited (ASX:AMP) announces an Equity Buyback for 253,173,983.9 shares, representing 10% for AUD 150 million. AMP Limited (ASX:AMP) announces a share repurchase program. Under the program, the company will repurchase up to 253,984 shares, representing 10% for AUD 150 million. The program will continue through December 31, 2026. As of March 27, 2026, the company has 2,531,739,839 shares in issue. Announcement • Jan 20
AMP Limited Announces CEO Changes AMP Limited announced the appointment of Blair Vernon as its new Group Chief Executive Officer (CEO) following a thorough internal and external search process conducted by a top tier executive search firm. Current CEO, Alexis George, will retire from executive roles effective March 30, 2026 after a distinguished career in financial services. Ms George has successfully led AMP since August 2021, guiding the organisation through a period of significant transformation and growth. Mr. Vernon, AMP’s Chief Financial Officer, brings extensive experience from previous financial services leadership roles in Australia and New Zealand. His appointment ensures a seamless transition and ongoing execution of key strategic initiatives. Blair has over 30 years’ experience across the financial services sector in New Zealand and Australia. Blair commenced in the role of AMP Group CFO in July 2023. From May 2022 until July 2023, Blair served as Group Executive Transformation for AMP and Group Executive for the New Zealand business. During this period Blair established the transformation and simplification program, including the divestment of AMP Capital assets. Blair was previously CEO/Managing Director of New Zealand Wealth Management from January 2017, and prior to this served as AMP’s Director Retail Financial Services; Director of Advice & Sales and General Manager Marketing and Distribution. From August 2020 to January 2021, Blair served as Acting CEO for AMP Australia, where he was responsible for AMP’s wealth management and banking divisions with a focus on strengthening customer-led outcomes. Announcement • Jan 07
AMP Limited, Annual General Meeting, Apr 10, 2026 AMP Limited, Annual General Meeting, Apr 10, 2026. Announcement • Oct 24
AMP Limited to Report First Half, 2026 Results on Aug 06, 2026 AMP Limited announced that they will report first half, 2026 results on Aug 06, 2026 Announcement • Oct 23
AMP Limited to Report Fiscal Year 2025 Results on Feb 12, 2026 AMP Limited announced that they will report fiscal year 2025 results on Feb 12, 2026 Announcement • Jul 17
AMP Limited Appoints Harry Georges as Head of National Sales for North AMP Limited announced that Harry Georges has been appointed as Head of National Sales for North, reporting to Lisa Sorgini, General Manager of Wealth Distribution. North is the leading platform for super and retirement in Australia, helping advisers and their clients prepare for and live well in retirement. Harry brings over 20 years of experience across advice, insurance, and platform distribution - and a deep understanding of what matters most to advice practices. Having led national and state-based sales teams at organizations including iptiQ/Swiss Re, MLC, NEOS and AMP, Harry has consistently helped advisers grow their businesses through a clear focus on strategy, service, and sustainable outcomes. With a strong belief in data-led decision making and long-term partnerships, Harry is passionate about helping advisers navigate change and unlock growth. He understands the challenges advice businesses face and is committed to ensuring North continues to evolve to support advisers and clients. Announcement • Jun 23
AMP Reportedly Mulls Break-Up with Possible Bank Sale or Demerger There's rumblings in the market that some transformational changes could be in the works within the Bridge Street headquarters of AMP Limited (ASX:AMP), with options around a company break-up or a major acquisition being floated. Recent talk in the market centres on AMP working on a plan to split the business in two, where essentially the financial group's bank is separated from its wealth management unit. The $3 billion AMP has made no secret of its willingness to sell the bank if it achieved a price over book value, but parties have been unwilling to pay up for the lender with a $23 billion residential mortgage book and $20 billion of deposits last year. But perhaps AMP has found itself a buyer, or takes the view that it may make sense to separate the bank from the remaining AMP, with which it has no synergies. DataRoom earlier reported that a plan had been floated to buy Westpac's BT Panorama wealth management business, and pay by essentially swapping it with its bank. However, Westpac was not interested in the bank and is believed to be keen to retain Panorama after earlier efforts to sell the unit through Morgan Stanley for up to under previous management. Offers came in below its $1 billion price expectations. Bank sale proceeds could fund acquisitions. Announcement • Nov 14
AMP Reportedly May Look to Do Deal with Insignia Once Business Settles Down AMP Limited (ASX:AMP) is keen to buy its wealth management rival Insignia Financial Ltd. (ASX:IFL) when it is in a position again to do mergers and acquisitions, say sources, but only when the target has got itself into a better shape. Insignia Financial's share price closed down 4.8% on 13 November 2024 after its investor and strategy day presentation, which analysts attributed to the group's cost reduction program taking longer than expected. AMP has recently finished its capital return program for shareholders after a tumultuous few years under former management that ultimately resulted in the sale of AMP Capital. It put M&A activity squarely off the agenda, and it's unlikely to be part of the conversation for some time. But eventually, once the company has undergone a period of stability, the understanding is that AMP sees Insignia as an obvious target for a merger or acquisition, but it would need to be once Insignia has become a better business and fully integrated all its acquisitions. AMP needs a deal to gain scale in financial services after earlier being forced to divest assets. While there's been plenty of chatter about AMP also looking to sell out of New Zealand at some stage, the understanding is that it has no plans to divest, because the business is a relatively strong performer for the group, though non-core and small. Another possible buyer is Colonial First State Investments Limited, part owned by Kohlberg Kravis Roberts. Announcement • Oct 10
AMP Limited to Report Fiscal Year 2024 Results on Feb 13, 2025 AMP Limited announced that they will report fiscal year 2024 results on Feb 13, 2025 Announcement • Aug 08
Amp Limited Declares Interim Dividend, Payable on September 27, 2024 AMP Limited declared interim dividend (franked to 20% at a tax rate of 30%) of 2.0 cents per share, Payable on September 27, 2024. Record Date is August 22, 2024. Announcement • Feb 14
AMP Limited (ASX:AMP) announces an Equity Buyback for AUD 295 million worth of its shares. AMP Limited (ASX:AMP) announces a share repurchase program. Under the program, the company will repurchase up to AUD 295 million worth of its shares. The program will continue through April 11, 2025. As of February 14, 2023, the company has 2,741,080,904 shares in issue. Announcement • Jan 19
AMP Limited to Report First Half, 2024 Results on Aug 08, 2024 AMP Limited announced that they will report first half, 2024 results on Aug 08, 2024 Announcement • Dec 04
AMP Bank Limited and AMP Limited Announces Board Changes AMP Limited announced the appointment of two independent Non-executive directors to the AMP Limited Board. Effective 1 January 2024, experienced board and senior executive leaders Kathleen Bailey- Lord and Anna Leibel will join the AMP Limited Board and AMP Bank Board. The two appointments bring significant skills and experience in digital transformation, technology and financial services to the board, relevant to building AMP's Banking and Wealth Management businesses in Australia and New Zealand. AMP also announced Kate McKenzie will step down from her role as a Non-executive director, effective 31 December 2023. Ms McKenzie will conclude her roles on both the AMP Limited and AMP Bank boards after three years of service. Ms McKenzie, who was appointed in November 2020, will step down to focus on her roles as Chair of NBN Co., interim Chair of Healius Ltd. and Non-Executive Director on the Stockland Corporation board. Announcement • Nov 29
Amp Announces Appointment of Kavita Mistry as Chief Technology Officer and Member of the Executive Committee AMP announced the appointment of Kavita Mistry as its new Chief Technology Officer and member of the Executive Committee. The appointment follows a rigorous internal selection process following the recent resignation of Felicia Trewin. Kavita joined AMP in January 2023 to lead Technology across AMP's wealth business, as well as its digital and enterprise platforms. She has strong technology leadership experience within financial services and a depth of capability in building partnerships and leading high performing teams. In her time at Australian Super Kavita held the roles of co-acting CTO and Head of Enterprise Technology. Prior to this Kavita was in various senior technology leadership roles at ANZ. Kavita Mistry is an accomplished technology leader with expertise in driving transformational change to deliver strategic and commercial objectives. Kavita has more than 20 years' experience across a variety of technology roles specializing in financial services, including superannuation, investments, digital, data, lending, and corporate applications. Prior to AMP Kavita was at Australian Super, where she held the roles of co-acting-CTO and Head of Enterprise Technology. At Australian Super she established and transformed technology capabilities across investments, member experience, cloud infrastructure, employee experience, data, CRM and enterprise technology assets. Prior to this, Kavita held various senior positions over 14 years at ANZ, including leadership roles within Home and Business lending technology. Announcement • Nov 24
AMP Announces Settlement of Buyer of Last Resort Class Action Proceedings AMP announced that an agreement has been reached to settle the class action brought on behalf of certain advice practices authorised by AMP Financial Planning Pty Limited (AMPFP) as of 8 August 2019. The proceedings challenged the validity of some of the changes made by AMPFP to its Buyer of Last Resort (BOLR) policy in August 2019. The settlement is for a total of $100 million and is subject to the finalisation and execution of a deed of settlement and approval by the Federal Court of Australia. AMP made a provision of $50 million in its 1H 23 financial statements based on the judgment of 5 July 2023. Today's settlement covers the class action in its entirety, including where there has been no judgment. In reaching a settlement, AMP makes no admission of liability. As previously committed AMP will communicate to the market regarding the third tranche of the capital return by the end of the year, following discussions with regulators. Announcement • Oct 26
AMP Appoints Melinda Howes as Group Executive Superannuation and Investments and Member of Group Executive Committee AMP has announced the appointment of experienced industry executive Melinda Howes as its new Group Executive Superannuation and Investments and member of the group Executive Committee. Ms Howes, who will commence in the role on 29 January 2024, brings deep experience to the position. She is currently a partner in KPMG's superannuation and actuarial practices and prior to this was BT Financial Group's Managing Director /General Manager, Superannuation between 2014 and 2021. Ms Howes will lead AMP's combined Superannuation-Master Trust and Investments businesses. The role will drive the strategy for AMP's Super business, as well as overseeing Investment performance and management. The appointment follows an extensive internal and external search, and the appointments in July of Edwina Maloney to Group Executive, Platforms and Matt Lawler to Group Executive, Advice. Melinda joins AMP from KPMG, where she has worked since April 2022, consulting across the superannuation, insurance and actuarial practices, leveraging her 30 plus years of experience in superannuation and insurance. Prior to KPMG, Melinda was Managing Director of Superannuation for BT Financial Group, successfully delivering a three-year business simplification program. Additionally, Melinda developed the business's capability in digital services, building digital journeys and launching a market leading supercheck tool. Melinda has also held senior roles previously at AMP, as well as with the Actuaries Institute and the Association of Superannuation Funds Australia. Announcement • Oct 05
AMP Limited Announces Resignation of Felicia Trewin as Chief Technology Officer AMP Limited has announced the resignation of Chief Technology Officer, Felicia Trewin, who has accepted a role outside of AMP. AMP will be conducting a process to appoint a replacement through an executive search, with a focus on leveraging the strong talent pipeline within the group. Felicia will continue her work driving the AMP technology strategy through a transition period. Announcement • Jun 09
A private management group led by Matthew Rowe, Brad Ackermann and Andrew Row along with Pemba Capital Partners Pty Limited entered into an agreement to acquire SuperConcepts Pty Ltd from AMP Limited (ASX:AMP) for AUD 8 million. A private management group led by Matthew Rowe, Brad Ackermann and Andrew Row along with Pemba Capital Partners Pty Limited entered into an agreement to acquire SuperConcepts Pty Ltd from AMP Limited (ASX:AMP) for AUD 8 million on June 8, 2023. The upfront cash consideration is subject to typical post completion adjustments. Post completion, Matthew Rowe will lead the SuperConcepts business as Managing Director, Brad Ackermann will serve as Chief Operating Officer and Andrew Row will be Executive Director of client services. Current Chief Executive Grant Christensen along with approximately 500 employees will transfer out of AMP with the sale. The transaction is targeted to complete by the third quarter of 2023. The transaction is expected to result in an accounting loss on sale of approximately AUD 7 million. Announcement • Feb 17
AMP Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2022, Payable on April 3, 2023 AMP Limited announced ordinary dividend of AUD 0.02500000 per security for the six months ended December 31, 2022. Record date is March 2, 2023. Ex-date is March 1, 2023. Payment date is April 3, 2023. Announcement • Jan 18
AMP Limited to Report First Half, 2023 Results on Aug 10, 2023 AMP Limited announced that they will report first half, 2023 results on Aug 10, 2023 Announcement • Dec 20
AMP Limited to Report Fiscal Year 2022 Results on Feb 16, 2023 AMP Limited announced that they will report fiscal year 2022 results on Feb 16, 2023