Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


AMP appoints National Manager of Financial Adviser Network

28 April 2014

AMP appoints new National Manager of AMP’s Financial Adviser Network

AMP has today announced the appointment of Richard Brown to the position of National Manager of AMP’s Financial Adviser Network (AFAN). Richard’s role is effective immediately and will be based in the Auckland office, whereby he is responsible for the regional business development managers.

AMP has the largest Adviser network in the country with more than 600 professional and qualified advisers across New Zealand communities nationwide.

Richard has significant experience in leading national sales teams across New Zealand and Australia providing strategy, organisational alignment, sales and channel management. Richard joins AMP from the telecommunications industry where he has worked for the past seven years, prior to this he worked for Tyco International in Australia for six years.

Commenting on the appointment, Blair Vernon, AMP’s Director of Advice and Sales says: “I’m delighted to welcome Richard to the team and I know he’s looking forward to assisting our Financial Advisers to success in this ever changing market. Richard will lead a team of six business development managers across the county who have recently been appointed to support the AFAN channel.”

About AMP

• AMP is a leading wealth management and insurance provider in the New Zealand marketplace and has been supporting the financial welfare of customers for 160 years
• Our customers hold more than 870,000 investment, savings and insurance products
• AMP has one of the largest networks of advisers in New Zealand
• AMP is the only default KiwiSaver provider with both a ‘silver’ rating from Morningstar and a 5 Star Canstar Award
• AMP has 259,000 KiwiSaver Scheme members and almost $3 billion funds under management, equating to 16.1% market share
• We’ve awarded more than $1.8 million in the last 16 years through our AMP Foundation

In 2013 we:
• helped more than 1,800 kiwis buy their first home through KiwiSaver
• paid out $46.75 million in general insurance claims
• supported approximately 73,000 New Zealanders who were unable to work because of an injury or illness by paying out nearly $9 million in income protection insurance
• wrote $644 million in new mortgages, and
• provided advice over the phone to more than 150,000 New Zealanders – more than 400 people per day.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news