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AMP’s locally listed scrip underperformed most other financial services stocks on Wednesday after the company warned of margin pressure in its banking business. ....
The number of profitable practices channelling their time, capital and resources into self-licensed ventures is on the rise, a trend which larger licensees are observing closely. ....
The Advisers Association has expressed disappointment at AMP’s decision to appeal the BOLR verdict while AMP’s Matt Lawler says he hopes mediation will reach “an outcome that allows us to put this behind us”. ....