AMP Limited is an Australian financial corporation. It operates primarily in Australia and New Zealand. AMP formed in 1849 as the Australian Mutual Provident Society, a non-profit life insurance company. In 1998 it was demutualised and listed on the Australian and New Zealand stock exchanges. The company provides banking, life insurance

Life insurance

Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...

, managed funds, superannuation, property

Property

Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...

, listed assets and infrastructure

Infrastructure

Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...

.

AMP has one of Australia’s largest shareholder registers, with most shareholders living in Australia and New Zealand. This is because when the society demutualised, all policy holders received shares in the new company. Its UK operation was the subject of a demerger in 2003, separating out Henderson Group plc. The CEO is Craig Dunn.

AMP is Australia's largest retail and corporate superannuation provider, and one of the region's most significant investment managers with more than A$111 billion (as at 30 June 2010) in assets under management

Assets under management

Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...

.

AMP has two major businesses that deliver products and services to its customers in Australia and New Zealand – AMP Financial Services and AMP Capital Investors.

See also

• Australian real estate investment trust
• Brisbane AMP Building
  AMP Place, Brisbane
  Officially named the AMP Centre, the AMP Place is a gold-coloured skyscraper located in the heart of Brisbane's central business district, in Queensland, Australia. It can be seen from most parts of the city and is known locally as 'The Gold Tower'....
  
  
• Hobart AMP building
  AMP Building
  The NAB Building, formerly known as the Amp Building is an office building in Hobart, Tasmania. The Building is the largest within the CBD and second largest in the state, after the Wrest Point Hotel Casino....
  
  
• Perth AMP building
  140 St Georges Terrace
  140 St Georges Terrace is a 30-storey skyscraper in Perth, Western Australia. Opened in 1975, the tower was known as the AMP Building or AMP Tower after its owner and former flagship tenant, AMP Limited...
  
  
• Sydney AMP Building
  AMP Centre
  AMP Centre is a Sydney skyscraper located at 50 Bridge Street, Sydney NSW Australia. It was built in 1976 and consists of 45 floors. It is used for commercial offices and made of concrete, glass and steel. The Centre's roof height is 188m, and it was the tallest building in Sydney until the MLC...
  
  
• Wellington AMP Building
  AMP Society Building
  AMP Society Building is a historic building on Customhouse Quay, Wellington, New Zealand.The Australian Mutual Provident society was founded in 1849 and established a branch on Featherston Street, Wellington in 1871...