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Advisers file class action against AMP

A class action has been filed against AMP by its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year.

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Read more: Buyer of Last ResortAMP Financial PlanningAMPFPCorrs Chambers WestgarthDeborah O'NeillFederal Court of AustraliaFinancial StandardFrancesco De FerrariNeil MacdonaldSmall Business OmbudsmanThe Advisers Association