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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.

AMP Bank GO has launched a leading 4.20 % p.a. variable rate on business balances up to $250,000 (3.75% p.a. on balances between $250,000 - $5 million), with zero fees, no minimum balance, no deposit or withdrawal rules to earn interest.

AMP is pleased to announce that Harry Georges has been appointed as Head of National Sales for North, reporting to Lisa Sorgini, General Manager of Wealth Distribution.

AMP is pleased to announce the expansion of North’s managed account menu with three exciting new additions for the June quarter.

AMP has unveiled major enhancements to its digital advice solution, giving members 24/7 access to personalised investment and contribution advice, alongside Lifetime retirement projections — all available via My AMP with no extra fees.

Australia could be heading toward a retirement crisis hidden in plain sight, as new AMP Bank research reveals a worrying lack of superannuation contributions among the country’s smallest business owners.