AMP refuses to speculate on adviser exits
AMP refuses to speculate on adviser exits
AMP has refused to be drawn in on speculation about how many advisers will opt to exit the company by year’s end, following news the wealth giant will cease buyer of last resort arrangements across its aligned network.
A
A
Advisers – some of whom were terminated in 2019 – have until 31 December to exit alongside the cessation of client register buy-back arrangements as part of changes to AMP’s new advice model.
Speaking on a conference call on Monday to coincide with the announcement, AMP’s head of advice, Matt Lawler, said though the company will not speculate on how many will exit, they remain confident all can be managed.
Adviser exodus can be managed: AMP
investordaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investordaily.com.au Daily Mail and Mail on Sunday newspapers.
Labor senator continues fight for AMP advisers
ifa.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifa.com.au Daily Mail and Mail on Sunday newspapers.