News

AMP has today launched an innovative rewards offer that could boost the retirement balances of Australians by 10s of thousands of dollars. The launch of AMP Rewards means AMP Super members can now earn real cashback either in-store or online across 400+ (and growing) retail brands, simply by linking their existing Visa, Mastercard or eftpos card to the program.

AMP Bank has today begun nationwide onboarding of brokers to its new AMP Bank Lender Platform – the first of its kind in the Australian market – marking a major milestone in the lender’s drive to deliver faster, simpler and more consistent lending experiences.

AMP Bank will reduce interest rates across all variable rate home loans by 0.25% per annum (p.a.), effective 25 August 2025. The change follows the Reserve Bank of Australia's decision to lower the official cash rate by 0.25%.

AMP Super is participating in a strategic co-investment in Atmos Renewables, supporting the next phase of growth for the Australian renewable energy platform managed by Igneo Infrastructure Partners (Igneo).

North, the leading platform for super and retirement in Australia, is pleased to announce the appointment of Amanda Trenfield as Senior Manager, Asset Consultant Partnerships.

With the departure of Ms Slattery, AMP has also announced today the appointment of experienced Wealth Platforms and Superannuation industry executive, Linda Elkins to the AMP Limited and AMP Bank Boards, effective 1 September 2025.

AMP Chief Executive Alexis George said: “These results highlight our continued discipline and delivery of the strategy and our pivot towards growth. We are building on the strong cashflow momentum in our wealth businesses, while maintaining disciplined growth in bank lending as we expand our new digital offer AMP Bank GO.

AMP Bank GO today unveils its new campaign, “Taking care of mini business,” with an integrated above-the-line campaign which targets a relatively forgotten and underserviced part of the market – the mini rather than small businesses of Australia.

AMP Chief Executive Alexis George said: “Our Platforms business has delivered another standout performance, with net cashflows up over 60% and AUM exceeding $83 billion. This reflects the strength of our platform proposition for advisers and their clients, supported by ongoing innovation – including our AI File Note tool and Lifetime retirement solutions. Our Managed Portfolio offer continues to grow rapidly, with AUM now at $21.8 billion.