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Advisers seek safe haven in fixed interest: AMP

Financial advisers have more than doubled their allocation to cash and fixed interest products to hit $1.93 billion, according to AMP's North platform, which mandated NAB as its new term deposit provider in response to soaring demand.

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Read more: NorthNABBlackRockLonsecRussell InvestmentsEdwina MaloneySandstone Insights