AMP targets post-retirement advice


AMP has signaled it will be pushing further into providing financial advice to the post-retirement sector.
AMP chief executive Craig Dunn outlined the broad strategy in a briefing session with journalists yesterday when he said the company had identified significant growing demand for financial advice among retirees.
He signaled that the company would not only be fostering advisers capable of providing specialist post-retirement advice, but that AMP would be building new products capable of servicing the sector.
Dunn said he believed AMP's scale and its embrace of digital technology would assist in its move to servicing the wave of Australian baby boomers about to enter retirement.
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