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BOLR
Financial planning
Members of the AMP BOLR class action will have to wait longer for information on any potential compensation after an update from the Federal Court....
Financial planning
A failure to provide a valid ‘legislation, economic, or products’ reason to make disproportionate changes to the BOLR policy forms the crux of AMP Financial Planning’s de...
Financial planning
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
Financial planning
A former AMP planner has shared how he was nearly driven to bankruptcy after the firm devalued his business....
Financial planning
Next week’s class action against AMP may well be remembered as the final fight by aligned planners against structural shifts over which they are ultimately powerless....
Financial planning
AMP’s chief executive, Alexis George, has reflected on the firm’s response to addressing the mental health concerns of its adviser network following controversial changes...
Financial planning
AMP’s new service model will allow the release of institutional ownership and will cease buyback arrangements, but advisers have until the end of the year to leave the ne...
Financial planning
The Australian Securities and Investments Commission has sought to step around tough parliamentary questioning about its views on AMP and how it has handled buyer of last...
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
AMP financial advisers are continuing to press for Parliamentary scrutiny of AMP’s handling of buyer of last resort arrangements, particularly compliance-based exit audit...
Financial planning
With AMP Capital representing the jewel in the crown of AMP Limited, what will the bidders for the business have in mind for AMP’s financial planning business?...
Financial planning
A Parliamentary Committee will have to settle for court filings to find out more about AMP’s BOLR arrangements after the company cited the AMP financial adviser class act...
Financial planning
AMP was both legally and morally within its right to amend buyer of last resort arrangements which had become commercially unsustainable, according to the company’s chief...
Expert Analysis
Labor Senator Deborah O’Neill cautions AMP Limited against its treatment of financial advisers with respect to their buyer of last resort arrangements, arguing that such ...
Financial planning
A senior Federal Opposition Senator has unloaded on AMP Limited over its handling of buyer of last resort arrangements, with the Labor Party calling for a Parliamentary i...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...