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AMP casts off shackles of pre-Hayne wealth model

AMP casts off shackles of pre-Hayne wealth model
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Australian
David-haseldine
Matt-lawler
Scott-hartley
Neil-macdonald
Advisers-association
Australian-financial
Last-resort
Francesco-de-ferrari
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'Advisers are traumatised': Industry body to query planner mental health

An industry body has launched a new survey to gauge the mental health of advisers affected by a major institution’s wealth turnaround strategies, but a rival association has called the move irresponsible.

Australia
David-haseldine
Peter-johnston
Tony-zhang
Aaron-dunn
Advisers-association-neil-macdonald
Philippa-hunt
Advisers
Traumatised
Industry
Body
Query

AMP hands final marching orders to terminated advisers

AMP hands final marching orders to terminated advisers AMP hands final marching orders to terminated advisers EXCLUSIVE: A number of exiting planners who remain in negotiations with AMP have been handed final notices of termination by the wealth giant, stating they must abide by a number of conditions including the repayment of outstanding loans or have their authorised representative status revoked. A A The notices of termination and revocation, seen by ifa, are understood to have been sent to between 30 and 40 advisers at the end of March, and state that “should the obligations of your exit pathway not be met by 23 June 2021, the authorised representative deed of agreement . between AMP and the practice will terminate”.

David-haseldine
Sarah-kendell
Neil-macdonald
Advisers-association
Federal-court
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