AMP (AMP) Q3 2026 TU earnings summary

Executive summary

• Platforms net cashflows were $1.455bn, up 20% YoY; Superannuation & Investments had $138m net outflows, and New Zealand Wealth Management had $100m net inflows.

• Total AUM across Australian and New Zealand wealth businesses was $168bn.

Financial highlights

• Platforms net cashflows were $1.455bn vs $1.212bn in 3Q 25; pension payments were $651m vs $583m.

• Superannuation & Investments net cash outflows improved to $138m from $241m in 3Q 25; inflows rose 29.8% YoY to $1.208bn.

• New Zealand Wealth Management net cashflows increased to $100m from $64m in 3Q 25.

• $75m of the $150m on-market share buyback had been completed.

Outlook and guidance

• North’s new application implementation tool was in pilot, with rollout expected in 4Q 26.

• A notable employer super mandate is expected to begin implementation in 1Q 27.

• Targeted capital relief transactions were being progressed for 4Q 26, subject to market conditions.