Higher levels of retirement income can be accessed through a market-linked lifetime income stream, with the latest data from North revealing a significant uptick in both member incomes and drawdown rates.

Following the RBA’s decision to decrease the official cash rate by 0.25%, AMP Bank is reducing interest rates across all variable rate home loans by 0.25% per annum (pa) effective 3 March 2025 for customers.

The suite of documents includes AMP’s Annual report, which incorporates the Directors’ report and Financial statements, as well as its Sustainability report, Modern Slavery statement and Corporate Governance statement.

AMP Chief Executive Alexis George said: “2024 was another year of strategic delivery for AMP as we build positive performance momentum and focus firmly on growth."

AMP announces the launch of its new bank, giving small business owners and everyday customers access to a new mobile-first banking experience, powered by the very latest banking and security technology.

AMP has announced the launch of a new digital advice solution, providing AMP Super members with simple, intuitive and secure retirement advice, with no extra fees.

AMP Bank has announced a strategic partnership with Mastercard to provide payment systems for AMP’s new digital bank designed and developed for the needs of Australia’s micro and small businesses.

AMP has delivered an investment return of 11.6 per cent for members of its AMP MySuper 1970s superannuation fund option for the calendar year ending 31 December 2023.

AMP is pleased to announce that Tina Cleary has commenced as the company’s new Chief Marketing Officer.