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Financial planning
The changes brought in to adjust the BOLR policy were ‘simple’ and did not require extended consultation beyond a few days, according to a senior AMPFP executive....
Financial planning
The Federal Court has ordered that AMP provide key documents around its buyer of last resort decision-making as part of the discovery process attaching to the class actio...
Financial planning
The two organisations representing planners operating under the AMP umbrella – the AMP Financial Planners Association and the Hillross Advisers Association have merged....
Financial planning
The AMP Financial Planners Association has retained Corrs Chambers Wesgarth as the law firm it wants to work with in challenging AMP Limited of BOLR changes, including a ...
Financial planning
AMP Financial Planning Association members prepared for class action on AMP’s BOLR changes....
Financial planning
AMP Limited may be making individual approaches to financial advisers but the AMP Financial Planners Association has told its members it is not in a position to provide l...
Financial planning
AMP financial planners have asked to consider the merits of using a litigation funder to underwrite what is likely to be a prolonged class action against AMP’s BOLR chang...
Financial planning
AMP Limited has sought to protect itself against further buyer of last resort surprises by building in key caveats covering key market and governance policy changes....
Financial planning
A number of AMP financial planners have been calling on their representatives to press the company for pre-Royal Commission valuations to be applied to Buyer of Last Reso...
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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....