What AMP advisers took to the negotiating table
What AMP advisers took to the negotiating table
The head of the peak body for AMP planners has revealed details of discussions that took place behind the scenes as the wealth giant’s new management hashed out its “new era” financial advice model.
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The Advisers Association chief executive Neil Macdonald told ifa discussions between the adviser body and new AMP managing director of advice Matt Lawler – whose appointment was announced in May - commenced before Mr Lawler took up his position.
“We had two or three meetings a week with the board to consult on the changes, and I think it’s fair to say what was delivered on Monday was significantly different to what AMP was talking about earlier in the year,” Mr Macdonald said.
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