AMP : North wrap awarded 5 Apples platform rating by Chant West, as National Retirement Roadshow kicks off

5 Apples platform rating

Chant West's 5 Apples platform rating of MyNorth reflects the quality and ongoing enhancements to the platform's investment choice, including its growing range of managed portfolios, low and transparent fees, ease of functionality and expert support.

Chant West is one of the industry's most respected independent ratings agencies and the 5 Apple platform rating should provide advisers with confidence that in North they're recommending a market leading wrap platform to their clients.

Retirement Roadshow

North's National Adviser Roadshow will see AMP's team of experts address the critical financial issues facing retirees and retirement strategies. The Roadshow commences in Hobart today and will travel to all major capital cities over the coming three weeks. All licensed financial advisers are welcome to attend and can register here.

Ben Hillier, AMP's General Manager, Retirement Solutions, will address the key financial issues facing retirees and how AMP's new retirement solutions, to be launched later this year, will help provide clients with income certainty and confidence in retirement.

AMP Economists Dr Shane Oliver and Diana Mousina will provide their expert views on the economic and investment landscape, while AMP's industry renowned superannuation expert John Perri will demonstrate how different retirement income strategies can be applied, including how they work in sync with the aged-pension.

AMP's Director of Platforms, Edwina Maloney, will also discuss how we are continuing to evolve North's platform to be more responsive to adviser needs and working with our advisers to build smarter practices.

Edwina Maloney, said:

"We're delighted MyNorth has received a 5 Apples platform rating by Chant West - recognition of the significant investment and enhancements we're continuing to make to North, which are informed by our engagement and feedback from the advice community.

"This includes the need to better help the increasing number of retiring Australians with greater financial confidence to drawdown income without the fear of outliving their savings - arguably the most important challenge our industry needs to solve.

"There is a fantastic opportunity for the financial adviser community and product providers, such as AMP's North platform, to work together to help more Australians retire well - a key objective of the Roadshow.

"North is fortunate to have some of the best minds in the wealth industry who are looking forward to sharing their knowledge with advisers. This includes Ben Hillier, one of Australia's foremost financial experts on retirement income strategies.

"Ben and the North team are developing, what we believe, are breakthrough retirement income solutions. To be launched later this year, they will provide advisers and their clients with certainty they can access higher levels of retirement income, and the confidence they will not outlive their savings.

"We expect these solutions to be the first lifetime income product to provide full investment choice, with the ability to select any option from North's extensive super and pension menu, including managed portfolios. They will also expand the range of clients who can benefit from tax and Centrelink strategies.

"Ben will share more information about these new offers during the Roadshow.

"The team and I look forward to meeting with as many advisers as possible across the country, not only to share our expertise, but most importantly, help us understand how North can best support the delivery of high-quality advice and practice efficiency."

About Chant West

Chant West is a leading research, data and analytics provider offering a suite of premium services, insights and tools to the financial advice and super sectors, empowering Australians to make more informed financial decisions and achieve their retirement goals. A Chant West platform rating sums up its overall view on the merits of a platform relative to industry best practice. Platforms are awarded a rating from 5 Apples (the highest) to 1 Apple (the lowest). The rating takes five main criteria into account: adviser services, investments, fees, member services and organisational strengths.